Latest in Tag: bankruptcy Highlight
Latest in Tag: bankruptcy
Lebanon government declares bankruptcy, central bank denies claims
Negotiations are currently focusing on several topics, namely, reforming and restructuring the banking sector: Deputy PM
Parliament’s legislative committee to discuss bankruptcy draft law by August
A mini-committee was formed to study the law: Al-Gamal
Compensation Law rescues 5,000 construction companies from bankruptcy: Egyptian Federation for Construction
Sahl Al Damrawi, member of the Egyptian Federation for Construction and Building Contractors, said that the issuance of the Compensation Law saved more than 5,000 construction companies from bankruptcy and the laying off thousands of workers. Al Damrawi said that these companies were challenged with the rise of all prices of building materials, which have …
Toshiba unit to file for bankruptcy?
Shares in Japanese conglomerate Toshiba have fallen sharply on the Tokyo Stock Exchange. The renewed steep drop came after a report saying the firm’s US nuclear unit could be placed into bankruptcy protection.Toshiba’s Tokyo-listed stock opened higher at the beginning of trading on Monday, but quickly reversed course to end the morning 5.65 percent down …
Egypt’s new “restructuring, pre-insolvency conciliation, and bankruptcy” bill
Federation of Egyptian Banks prepares a note of its remarks on the bill, which will be sent to the CBE and the legislative committee of the Ministry of Justice
Cabinet approves bankruptcy draft law
The bankruptcy drat law is meant to be complementary to the investment law
Government must finalise new bankruptcy law to attract entrepreneurs: LACI
CEO of Los Angeles Cleantech Incubator (LACI) Fred H. Walti determined three key factors to attracting American startups to Egypt. He said that cooperation between the government and private sector is considered very important for economic revival and attracting more entrepreneurial companies to invest in Egypt. During the roundtable meeting held by the US Embassy …
Hanjin bankruptcy sparks global shipping crisis
The bankruptcy of the Cho family-run South Korean shipping company Hanjin has left dozens of gigantic container ships stranded at sea, and merchants worried that the goods they ordered may not reach them.