funds
US sets up fund that could transfer frozen billions to Afghanistan if conditions are met
Middle East
September 14, 2022
US sets up fund that could transfer frozen billions to Afghanistan if conditions are met
Washington CNN — The Biden administration has worked with Switzerland and Afghan economists to set up a new fund that…
G7 pledges nearly $20 billion to support Ukraine’s finances during Russian invasion
World
May 20, 2022
G7 pledges nearly $20 billion to support Ukraine’s finances during Russian invasion
The finance ministers of Group of Seven (G7) nations have pledged $19.8 billion to support Ukraine’s finances during Russia’s invasion, a statement from…
U.S. equity funds enjoy big inflows on easing Omicron worries
World
December 24, 2021
U.S. equity funds enjoy big inflows on easing Omicron worries
Dec 24 (Reuters) – U.S. equity funds saw big inflows in the week ended Dec. 22, supported by easing fears…
UN shrinks Yemen food rations in “desperate measures”
Middle East
December 22, 2021
UN shrinks Yemen food rations in “desperate measures”
Dec 22 (Reuters) – The World Food Program (WFP) said on Wednesday it will reduce food rations for 8 million…
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake sale
Middle East
December 11, 2021
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake sale
DUBAI, Dec 10 (Reuters) – The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, is set raise 12 billion…
Human trafficking gang arrested for illegal kidney transplants
Egypt
November 24, 2021
Human trafficking gang arrested for illegal kidney transplants
A gang of ten members facilitating and conducting human organ trafficking, including three doctors and an employee of a kidney…
Suez Canal Authority records highest transfer to State Treasury in its history
Egypt
June 9, 2019
Suez Canal Authority records highest transfer to State Treasury in its history
The Ministry of Finance announced that the Suez Canal Authority has recorded its highest transfer rate towards the State Treasury…
Egypt’s National Investment Charity Fund holds founding meeting
Egypt
May 19, 2019
Egypt’s National Investment Charity Fund holds founding meeting
The Board of Directors of the National Investment Charity Fund for Education held the first founding meeting on Saturday at…
Al-Ahly Club president requests formation of financial investigating committee
Egypt
May 28, 2018
Al-Ahly Club president requests formation of financial investigating committee
Mahmoud al-Khatib, Chairman of the Al-Ahly Club, asked the Minister of Youth and Sports Khaled Abdel Aziz to form…
Govt committee seizes funds of Qaradawi children
Egypt
August 18, 2017
Govt committee seizes funds of Qaradawi children
The committee that manages the seized Muslim Brotherhood (MB) funds, confiscated the funds and property of 16 MB members on…