Tag Archives: currency
Ghana will introduce new GHS5 currency note: The Bank of Ghana (BoG) has announced that it will be issuing a new 5 Ghana Cedis note which will have a portrait of Dr James Kwegyir Aggrey – a missionary and a teacher in the Gold Coast, who lived from October 18, 1875, to July 30, 1927. According to Dr Abdul Nashiru Issahaku, the Governor of the BoG, the new GHS5 note will be used alongside the old GHS5 note. He mentioned that the decision is being made as an effort to celebrate Dr James Kwegyir Aggrey for his unprecedented contribution towards education and the development of the country. The new GHS5 note has new durable security features which can be easily identified by the public and comes with additional internationally acceptable security features which are sensitive to touch to aid the visually challenged in identifying the new note. The new note is also a move to celebrate 60 years of central banking in Ghana since it began in 1957 following the country’s independence.
Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.
MALABO, Equatorial Guinea, March 29, 2013/African Press Organization (APO)/ – On January 11, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV consultation with Equatorial Guinea.1
TRIPOLI, Libya, March 8, 2013/African Press Organization (APO)/ – An International Monetary Fund (IMF) mission led by Mr. Ralph Chami visited Tripoli during February 20–March 7, 2013, to conduct discussions with the Libyan authorities in the context of the annual Article IV consultations.1 Discussions focused on measures to improve the business environment to foster inclusive growth based on diversification of the economy underpinned by private sector–led growth, develop the financial sector, and control government spending including through subsidy reform. The mission met with Prime Minister Ali Zeidan, Finance Minister Haithem Jalgham, Central Bank Governor Saddek Elkabeer, General National Congress Chairman Mohammed Magariaf, and other government and central bank officials, as well as members of the General National Congress and representatives of civil society.
Tooth Fairy Now Leaves an Average of $3 Per Tooth , Up From $2.60 in 2011
Dubai Gold & Commodities Exchange (DGCX) commenced trading in November 2005 as the Middle East’s first commodity derivatives exchange and has become today, the leading derivatives exchange in the region.
Arab Financial Brokers ” AFB ” announces its participation as the Gold Sponsor of The 8th Jordan Forex Expo & Awards
Arab Financial Brokers (AFB), a closed shareholding corporation registered under the Kuwait commercial law. AFB was created to address the increasing number of currency and futures trading demands in the Middle East and in the Arabian Gulf in particular, and to cater for clients’ heavy investment in the futures and spot Foreign Exchange (forex) markets. AFB was also formed to bring integrity in products and improved customer service to forex clients, in an emerging market for individual speculation.
A.M. Best Comments That Ratings of UK Insurers Are Unchanged Following Downgrade of UK’s Government Bond Ratings
A.M. Best Europe – Rating Services Limited is a subsidiary of A.M. Best Company. Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source.
New World Energy Council report identifies the critical issues holding back the transition of the global energy sector
NEW DELHI – Continued uncertainty in the future direction of climate frameworks, political instability of the Middle East and North Africa (MENA) region, energy price volatility, and the global economic recession are what energy leaders consider as the top ‘insomnia’ issues driving the world energy agenda this year, according to the 2013 World Energy Issues Monitor, published today by the World Energy Council (WEC).