ACC secures major financing for three gigafactories
ACC, a European auto battery manufacturer co-owned by Stellantis, Mercedes, and TotalEnergies, announced on Monday…
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finance
Egypt mulls issuing bonds in UAE, India currencies
The Egyptian government is considering issuing bonds in Emirati dirhams, Indian rupees, and Hong Kong dollars for…
Egypt signs protocol with CIB to finance low-income housing
The Egyptian Social Housing Fund and the Commercial International Bank (CIB) signed a new protocol to enhance…
Egypt’s NBE injects $518.6mn among CBE’s mortgage initiative
Egyptian largest state-owned lender, National Bank of Egypt (NBE) says it has pumped 8.2 billion Egyptian pounds ($…
New U.S. sanctions won’t hurt Russian financial system: minister
Additional U.S. sanctions damage bilateral ties between Moscow and Washington but Russia’s financial system is…
G20 finance chiefs to say trade row intensified, differ on how ” pressing”
G20 sources say the Group of 20 finance leaders will say in an official communique from Japan that trade and…
G7 finance chiefs kick trade dispute to leaders’ summit in Quebec
Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs on…
World Bank to cease financing upstream oil and gas flagships after 2019
The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in…
Egypt, Kuwait sign $57mn deals to fund North Sinai development flagships
Egypt's Investment and International Cooperation Minister Sahar Nasr signed Monday two agreements of 17.5 million…
UAE asks banks for information on 19 Saudis’ accounts: sources
The United Arab Emirates Central Bank and securities regulator have asked banks and finance companies in the UAE…
