financial
FM stresses importance of achieving stability in Lebanon
Egypt
September 23, 2022
FM stresses importance of achieving stability in Lebanon
Foreign Minister Sameh Shoukry stressed the importance of achieving stability in Lebanon and overcoming challenges facing the country. This came…
Pakistan’s financial capital Karachi flooded by monsoon rains
World
July 12, 2022
Pakistan’s financial capital Karachi flooded by monsoon rains
Karachi, PakistanTorrential rains caused widespread flooding and damage in Pakistan’s financial capital Karachi on Monday, even inundating the business district.…
Robinhood makes its $32 billion debut on Wall Street
World
July 29, 2021
Robinhood makes its $32 billion debut on Wall Street
NEW YORK (AP) — Robinhood’s stock will begin trading Thursday on Wall Street, the very place the online brokerage has…
Egypt to become first Arab country to issue Green bonds
Egypt
September 29, 2020
Egypt to become first Arab country to issue Green bonds
DUBAI/LONDON (Reuters) – Egypt started marketing a five-year US dollar-denominated Green bond on Tuesday at a yield of around 5.75…
Egypt jumps 10 places in foreign direct investment ranking: Financial Times
Egypt
October 15, 2016
Egypt jumps 10 places in foreign direct investment ranking: Financial Times
Egypt has moved up to fifth place globally in the increase in foreign direct investment (FDI) flows, according to a…
Egypt’s financial sector braced for revolution anniversary
Egypt
January 24, 2012
Egypt’s financial sector braced for revolution anniversary
Egypt's financial sector is bracing for protests scheduled for 25 January to commemorate the first anniversary of the beginning of…
World Bank alters developing countries’ voting power
Egypt
April 28, 2010
World Bank alters developing countries’ voting power
The World Bank’s 186 member countries endorsed a plan last Sunday that gives some developing countries more voting power in…
Damietta Spinning down LE641 million in FY08/09
Business
November 19, 2009
Damietta Spinning down LE641 million in FY08/09
The public-sector Damietta Spinning and Weaving Company suffered LE641 million in losses in the 2008/2009 fiscal year, according to a…
Financial position of brokers is good, says stock market official
Business
October 24, 2009
Financial position of brokers is good, says stock market official
The status of security brokers is good, although they carried out funding operations over the past period. And the credit…
LE7 million wasted at Egypt’s Oils and Soup company, says Auditing Organization
Egypt
October 22, 2009
LE7 million wasted at Egypt’s Oils and Soup company, says Auditing Organization
A recent report by the Central Auditing Organization (CAO) unveiled financial irregularities at Egypt's public Misr Oils and Soap Company…