Egypt reviews work of QIZ unit, studies offering assets for rent

Tue, 23 Jun 2020 - 03:45 GMT

The meetings were held in this framework to work to solve any obstacles that may face investors in those areas.

CI Capital manages LE 9.2B assets in Egypt during 2019

Wed, 29 Jan 2020 - 02:08 GMT

Co-CEO of CI Capital added that the company's financial services portfolio in 2019 amounted to LE 10 billion, compared to LE 7.8 billion in 2018.

France freezes assets of Jaish-e-Mohammed founder Masood Azhar

Fri, 15 Mar 2019 - 07:09 GMT

A joint statement issued by the French interior ministry, finance ministry and foreign ministry added that France would discuss putting Masood Azhar on a European Union list of people suspected of being involved in terrorism.

Egypt transfers 118 MB-linked entities' assets to state treasury

Tue, 11 Sep 2018 - 10:46 GMT

It applies to 1,589 individual MB members, 118 companies, 1,133 NGOs, 104 schools, 69 hospitals and 33 websites

Illicit Gains Authority, Egypt, El Hoda Corporation, Assets

Thu, 23 Aug 2018 - 10:21 GMT

The Illicit Gains Authority repaid during the last three years more than 99 percent of the dues of 3,454 individuals, who have been defrauded by six money investment companies.

Abu Dhabi state fund Mubadala's 2017 operating profit rises 11.5 pct

Sun, 29 Apr 2018 - 09:51 GMT

Abu Dhabi’s state investor Mubadala Investment Co on Sunday reported an 11.5 percent rise in operating income in 2017.

New judicial committee to confiscate terrorist groups' assets

Fri, 27 Apr 2018 - 12:20 GMT

A presidential decree will be issued in May with the names of members of the new judicial committee assigned to confiscate terrorist groups' assets.

Total assets of Egypt Post reaches LE 206B

Tue, 17 Apr 2018 - 09:35 GMT

The assets allocated 8.24 percent of total deposits in the banking system in all currencies, which amounted to LE 2.49 trillion.

Asset’s sovereign fund improves Egypt's competitive position: Min.

Thu, 12 Apr 2018 - 12:34 GMT

Establishing a sovereign wealth fund to manage state assets aims to contribute to the sustainable development and optimal use of public resources.

Gov’t approves establishing sovereign fund to manage state assets

Wed, 11 Apr 2018 - 05:24 GMT

The fund aims to manage and make use of the state’s assets with a capital of LE 200 billion, Planning Minister Hala al-Saeed said.

Aboul Fotouh’s assets to be seized per prosecution order

Sun, 25 Feb 2018 - 03:05 GMT

The decision was based on the state’s national security investigations, which revealed that the defendants were “using their money for terrorist activities."

GE eyes $4B in asset sales, has no plans to sell stock: CFO

Thu, 22 Feb 2018 - 10:07 GMT

General Electric has “line of sight” on the first $4 billion in asset sales under its plans for $20 billion in disposals.

U.S. company plans funds that double bitcoin price moves

Sat, 06 Jan 2018 - 10:20 GMT

U.S. fund managers are ramping up efforts to tap into the fever surrounding digital assets.

Egypt's assets move forward in 2018 with structural reforms

Mon, 01 Jan 2018 - 08:44 GMT

Foreign holdings of treasury bills was about $19 billion as of the end of November.

Chevron drops decision to leave Bangladesh

Sun, 29 Oct 2017 - 01:16 GMT

The U.S. oil company Chevron will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday.

GE vows $20 billion asset sales, 'sweeping change' as profit falls

Sat, 21 Oct 2017 - 10:58 GMT

General Electric's new chief executive vowed on Friday to shed more than $20 billion worth of assets.

Swiss cease legal aid with Egypt over Mubarak’s frozen assets

Wed, 06 Sep 2017 - 07:10 GMT

Swiss authorities have ceased legal mutual aid with Egypt over charges of money laundering or of organized crime in Switzerland during Mubarak’s era.

Egypt’s budget system is secured, monitored: Maeet

Wed, 30 Aug 2017 - 03:02 GMT

Deputy Minister of Finance said the state budget’s system of revenues and expenditures is fully secured, in the wake of the Customs Authority’s bribery case.

Court transfers Aboutrika appeal to October 14

Sun, 27 Aug 2017 - 08:44 GMT

The High Administrative Court delayed on Sunday its ruling on the appeal issued by the Administrative Court of Justice.

Detention of Malek renewed for 45 days

Fri, 28 Jul 2017 - 05:00 GMT

The Criminal Court of Cairo decided Thursday to renew the detention of Muslim Brother businessman Hassan Malek and others for 45 days.