Egypt’s parliament approves two controversial laws issued by President Sisi
Egypt's new parliament approved two controversial laws on Sunday as it started reviewing legislation passed…
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financial
Asia stocks hover at four-year lows on China worries; oil slides
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks, as…
Tycoon Sawiris dominates Egyptian bourse in 2015
Egyptian billionaire Naguib Sawiris dominated Egypt's bourse in 2015, with the key acquisition in the financial…
Egypt’s Nasser Social Bank plans long-term investments worth $766mn
Egypt's Nasser Social Bank is targeting a long-term investments estimated at 6 billion Egyptian pounds (US$766…
Ex-Barclays chairman takes blockchain board role
A financial technology startup has enlisted heavyweights from Barclays Plc and Moelis & Co. as it seeks to…
Egypt’s illicit streams from 2004 to 2013 near $40 billion: U.S. report
The amount of money put to use in illicit activities in Egypt from 2004 to 2013 adds up to $39.8 billion, at an…
Cabinet forms NI Capital Egypt for asset management
The Egyptian Cabinet has completed establishing NI Capital Company, part of the National Investment Bank (NIB),…
China launches new pilot zones to open up financial markets
China will set up pilot zones to quicken the pace of financial reform, the official China Securities Journal…
Saudi tycoon Bin Talal chairs $2.2bn-fund for world’s tallest building
Jeddah Economic Company and Saudi Arabia's Alinma Investment had signed a financing deal for 8.4 billion Saudi…
Orascom TMT says North Korea sanctions impact control of Koryolink
Egypt's Orascom Telecom said Sunday sanctions against North Korea had affected its ability to control its…
