Money Egypt, Goldman Sachs explore strategic partnership opportunities Yomna Yasser Jan 15, 2025 0 Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib met on Wednesday with a delegation from Goldman…
Featured Saudi Global Ports eyes $1b IPO in Riyadh Aya Anwar Dec 19, 2024 0 Saudi Arabia's Public Investment Fund (PIF)-backed Saudi Global Ports Co. is planning an initial public offering…
International News Goldman funds face $900m loss on Northvolt investment Nada Ali Nov 24, 2024 0 Goldman Sachs Asset Management funds are set to incur a significant loss of nearly $900 million on its investment…
International News Goldman Sachs improves China’s GDP outlook in ’24 Nada Ali Oct 14, 2024 0 Goldman Sachs raised its forecast for China's gross domestic product (GDP) growth in 2024 to 4.9 per cent from 4.7…
Featured EU launches dual-tranche bond sale to raise €10b Aya El Sayed Oct 8, 2024 0 The European Union (EU) is launching a dual-tranche bond sale to raise up to €10 billion ($11 billion) as it seeks…
The Watch Oil slightly down on Thursday Aya Anwar Aug 29, 2024 0 Oil prices steadied after a two-day decline, with stock market losses countering a drawdown in US stockpiles and…
Stocks Asian shares fall ahead of key US data Nada Ali Jun 12, 2024 0 Asian shares were subdued on Wednesday as investors awaited key US inflation data and the Federal Reserve policy…
Stocks Asian stocks mixed as Europe worries rise Nada Ali Jun 11, 2024 0 Asian stocks saw modest movement on Tuesday as investors weighed fresh political uncertainty in Europe.
Featured S. Arabia raises $5b in sukuk Aya Anwar May 29, 2024 0 Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
News Goldman Sachs expects Egypt’s c. bank to cut rates Aya Anwar May 23, 2024 0 The Central Bank of Egypt (CBE) is poised to reevaluate interest rates, marking its first review since implementing…
Featured Morgan Stanley enters bond market post Q1 revenues announcement Aya Anwar Apr 17, 2024 0 Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…
Featured Turkey to reconsider rate hike Aya Anwar Mar 21, 2024 0 Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
Money S. Arabia’s sukuk generate $2bln Aya Anwar Feb 28, 2024 0 Saudi Arabia's sovereign wealth fund secured $2 billion through the issuance of Sukuk, marking its second venture…
Featured Dubai to divest stake in parking business Aya Anwar Feb 27, 2024 0 Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
The Watch Copper, gold price boost likely – Goldman Aya Anwar Feb 21, 2024 0 Copper and gold are likely to see an immediate price boost due to probable U.S. Federal Reserve interest rate cuts.
Featured Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…
Featured Israel war could have major impact on Europe’s economy – Goldman Sachs Sama Mousa Nov 5, 2023 0 The ongoing attacks in the Israel-Hamas war could have a major impact on economic growth and inflation in Europe,…
Africa News Nigeria owes JP Morgan, Goldman Sachs $7.5bln Nada Ali Aug 14, 2023 0 The Central Bank of Nigeria (CBN) is owing a $7.5 billion to American banks, JP Morgan and Goldman Sachs, according…
Tech news Goldman Sachs forecasts global AI investments to hit $200bln by 2025 Nada Ali Aug 14, 2023 0 Goldman Sachs Research estimated the profound impact of the Artificial intelligence (AI) to reach a staggering $200…
News Goldman sells $2.7 bln bonds ahead of CPI Nada Ali Aug 8, 2023 0 Goldman Sachs Group sold $2.75 billion in the U.S. investment-grade bond market through two tranches, this…
Money Goldman Sachs to pay $215mln to settle gender discrimination lawsuit Norhan Adel May 9, 2023 0 Goldman Sachs Group Inc announced on Tuesday it will pay $215 million to settle a lawsuit against it alleging…
Industry & Trade Apple to invest $200 mln in carbon removal fund Norhan Adel Apr 12, 2023 0 Apple Inc has announced on Tuesday it will invest an additional $200 million in its Restore Fund, which established…
Money Goldman Sachs among bidders in $10 bln Subway sale Sama Mousa Mar 5, 2023 0 Goldman Sachs Group Inc. is among the bidders for the U.S. based sandwich chain Subway, with an estimated price of…
Banks Goldman Sachs expects 3 more ECB rate hikes in 2023 Sama Mousa Feb 21, 2023 0 American multinational investment bank, Goldman Sachs said on Tuesday that it expects the European Central Bank…
Banks Saudi Arabia’s PIF collects $5.5 billion with second green bond sale Nada Ali Feb 8, 2023 0 Saudi sovereign Public Investment Fund (PIF) has secured $5.5 billion through its second sale of green bonds in…
Financial Institutions Goldman Sachs ‘cheated’ Malaysia over 1MDB says PM Mahathir Amwal Al Ghad English Nov 13, 2018 0 Bankers at Goldman Sachs Group Inc (GS.N) “cheated” Malaysia in dealings with state fund 1MDB, Prime Minister…
Tech news Snapchat picks Morgan Stanley, Goldman to lead IPO Ghada Ismail Oct 13, 2016 0 U.S. photo-sharing app Snapchat has chosen Morgan Stanley and Goldman Sachs Group Inc as lead underwriters…
Banks Goldman, South Korea fund to buy majority stake in cookware firm Happycall Noha Gad Aug 21, 2016 0 Goldman Sachs Group Inc (GS.N) and South Korean private equity firm EastBridge Partners said on Sunday they have…
Tech news Vevo hires Goldman Sachs for up to $500 million capital raise Ghada Ismail Aug 20, 2016 0 Online music video service Vevo has hired Goldman Sachs Group Inc to raise up to $500 million from new investors,…
Financial Institutions Goldman Sachs to invest $184 million in Brazil storage company Noha Gad Jul 23, 2016 0 Goldman Sachs Group Inc (GS.N) will invest 600 million reais ($184 million) in Brazilian storage company Metrofit…
Banks Goldman Sachs under FBI, DOJ scrutiny over 1MDB probe: WSJ Noha Gad Oct 14, 2015 0 The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc's role…
Banks Goldman Sachs asks Shareholders to ‘like’ Tech push in San Francisco Noha Gad May 21, 2015 0 In Goldman Sachs Group Inc's latest move to bolster its street cred as a cool, tech-savvy bank, it is holding its…
Banks Goldman to pay $130 mln Forex Settlement Noha Gad May 9, 2015 0 Goldman Sachs Group Inc. is expected to pay $129.5 million to settle its slice of a lawsuit accusing banks of…
Tech news The Performance of Many Hedge Funds Just Comes Down to Owning Apple Salma Ayman Feb 24, 2015 0 In an equity environment where hedge funds are struggling to break even, Apple Inc. has played the role of…
Banks Goldman writedown of Portugal loan hurts profit, bonuses Noha Gad Jan 14, 2015 0 Goldman Sachs Group Inc had to write down its loan to the troubled Portuguese bank Banco Espirito Santo SA in the…
EGX Egyptian Twinkies Maker Eyes Hiring Goldman Sachs for IPO – Sources Yomna Yasser Jun 18, 2014 0 Edita Food Industries, the Egyptian snacks maker part-owned by buyout firm Actis LLP, is close to hiring Goldman…
Banks Goldman Sachs Profit Hit by Lower Bond Trading Revenue Yomna Yasser Jan 16, 2014 0 Goldman Sachs Group Inc (GS.N) reported a 21 percent drop in quarterly profit as revenue from fixed-income trading…
Banks Goldman Predicts Biggest China H-Share Advance Since 2009 Yomna Yasser Dec 3, 2013 0 Chinese stocks traded in Hong Kong will post the biggest gain since 2009 next year on prospects the economy…
Banks Fed Oks Goldman Sachs, J. P. Morgan Capital Plans Yomna Yasser Dec 3, 2013 0 The Federal Reserve said on Monday that it had no objections with revised "stress test" capital plans submitted by…
USA Wall Street Climbs, Lifted by China Data, Waning Syria Fears Yomna Yasser Sep 10, 2013 0 U.S. stocks advanced at the open on Tuesday, putting the S&P 500 on pace for a sixth day of gains, following…