In a report on financial stability released on Thursday, the CBE said that non-performing loans declined to register 3.6 percent in December 2020, compared to 4.2 percent in December 2019.
On March 12, 2021, the EU Council “decided to revoke the EU framework for sanctions against persons identified as responsible for the misappropriation of Egyptian state funds, and, to that effect, to lift the restrictive measures currently in force against nine Egyptian individuals.”
Agroup of investors was financing the Muslim Brotherhood’s assets while others, who do not belong to the banned group, were running the group’s investments in exchange for sharing profits.
The Egyptian banks' assets and reserves abroad returned to their previous record levels, a matter which reflects the success of the monetary policy.
The Minister of Agriculture updated Madbouli on a project aimed to utilize untapped areas and water resources in fish farming via technology to achieve the highest rates of production.
The meetings were held in this framework to work to solve any obstacles that may face investors in those areas.
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.
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.
It applies to 1,589 individual MB members, 118 companies, 1,133 NGOs, 104 schools, 69 hospitals and 33 websites
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’s state investor Mubadala Investment Co on Sunday reported an 11.5 percent rise in operating income in 2017.
A presidential decree will be issued in May with the names of members of the new judicial committee assigned to confiscate terrorist groups' assets.
The assets allocated 8.24 percent of total deposits in the banking system in all currencies, which amounted to LE 2.49 trillion.
Establishing a sovereign wealth fund to manage state assets aims to contribute to the sustainable development and optimal use of public resources.
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.
The decision was based on the state’s national security investigations, which revealed that the defendants were “using their money for terrorist activities."
General Electric has “line of sight” on the first $4 billion in asset sales under its plans for $20 billion in disposals.
U.S. fund managers are ramping up efforts to tap into the fever surrounding digital assets.
Foreign holdings of treasury bills was about $19 billion as of the end of November.
The U.S. oil company Chevron will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday.