financial

Robinhood makes its $32 billion debut on Wall Street
World

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

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

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

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

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

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

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

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…
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