assets

Russian interest in Madbouly’s talk about renting real estate to foreigners
Egypt

Russian interest in Madbouly’s talk about renting real estate to foreigners

  The Russian press service Turprom praised the proposal adopted by Egyptian Prime Minister Mostafa Madbouly, who urged Egyptian businessmen…
IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program
Egypt

IMF anticipates US$ 2.5 billion in proceeds from Egypt’s asset divestment program

The International Monetary Fund said that the expected proceeds from the ongoing state asset divestment program amount to $2.5 billion…
Dubai regulator fines Emirates REIT manager for misleading reports on asset
Middle East

Dubai regulator fines Emirates REIT manager for misleading reports on asset

DUBAI, Dec 8 (Reuters) – Dubai Financial Services Authority (DFSA) said on Wednesday it had imposed a $210,000 fine on…
Egypt’s banking sector tops Arab region in increasing deposits
Business

Egypt’s banking sector tops Arab region in increasing deposits

The Egyptian banking sector ranked first among all Arab banking sectors in increasing the volume of deposits until the end…
Pakistan makes it easier to go after assets of militants
Middle East

Pakistan makes it easier to go after assets of militants

ISLAMABAD (Reuters) – Pakistan has made it easier to seize and freeze the assets of people and groups facing UN…
Central Bank of Egypt discusses opening country to international banks
Business

Central Bank of Egypt discusses opening country to international banks

  The Central Bank of Egypt (CBE) held a meeting on Tuesday, to discuss allowing international banks to open branches…
World feels sting of US Federal Reserve
Economy

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
EU court upholds freeze of Mubarak family assets
Egypt

EU court upholds freeze of Mubarak family assets

  The European Council’s decision to freeze the Mubarak family’s assets was upheld on Thursday, by the Tribunal of the European…
Switzerland lifts freeze on ousted Mubarak’s financial assets
Egypt

Switzerland lifts freeze on ousted Mubarak’s financial assets

The Swiss Federal Council (SFC) decided on Wednesday to suspend the administrative freeze on Egyptian assets affiliated to former President…
Mubarak’s lawyer denies that his client owns assets outside Egypt
Egypt

Mubarak’s lawyer denies that his client owns assets outside Egypt

Farid al-Deeb, the lawyer of former president Mohamed Hosni Mubarak, said that his client does not have any assets or…
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