Latest in Tag: Money Highlight
Latest in Tag: Money
How to make money while travelling the world? HOODS may have the answer
Company negotiates with investment funds in Egypt, UAE, and Saudi Arabia to acquire stake in HOODS
Money equals time, no more delays: says Badra
For a Cairo University Professor of financing and investment Mostafa Badra’s perspective is that all concerned bodies do not deal with this important step as it deserves. They have acted slowly since President Abdel Fattah Al-Sisi announced the establishment of the new fund in August. “For investment, time is money. Every delay in taking real …
Money smuggled from Africa
International institutions should review frameworks of combating money laundering
Spending on food: Which countries spend most?
Spending on fast food increasingly growing, linked to higher obesity rates
Ryanair: money for nothing and tickets for free?
The head of Europe’s largest airline by passenger numbers, Michael O’Leary, has told a German business daily that he has a vision of completely doing away with ticket prices at Ryanair. Sounds good, doesn’t it?Ryanair CEO Michael O’Leary told the Tuesday edition of German business daily “Handelsblatt” the budget carrier’s ultimate goal was to do …
Xpress Money witnessed double-digit growth in 2016 as remittance corridors from the GCC stayed strong
Xpress Money for money transfer services witnessed a 12% growth in its global operations in 2016, propelled by customer loyalty and a strong agent network, according to a statement by the company. Xpress Money said in a statement issued on Sunday that it “saw its traditional remittance corridors linking outward remitting countries in the Gulf …
In Cartoon: Strapped for cash, Egypt’s populas gives up
Money changers return as Congolese franc weakens
Over the last few months the Congolese franc has dropped significantly against the US dollar. On the streets of Kinshasa, one visible sign of choppy currency fluctuations is the return of the money changers.
In Cartoon: Egypt looks to rank in the money from afar
Money for Asia: No big deal
Developing countries in Asia require huge sums of money to develop their infrastructure. The money’s there, yet investors are still reluctant. DW’s Andreas Becker reports from the ADB’s annual meeting in Frankfurt.
CBE restructures investing money in banks
Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts can be granted for one customer, directing them toward SMEs
Money on the agenda as Modi visits the UK
Despite recent controversies over religious intolerance in India, the British government will focus firmly on trade and strengthening ties during Modi’s visit. Samira Shackle reports from London. This week, Narendra Modi will make his first visit to the UK since winning the Indian premiership in 2014. His packed schedule will include lunch with the queen, …
Vodafone attracts 1 million clients using mobile money transfer services
Fixed Internet acquires 7% of company’s profits
Yemenis in Egypt demand return to homeland
Demonstrations outside Yemeni embassy in Cairo appealing for safe passage, support
Curbing illicit financial flows: How to raise $770bn for African development
By Bjørn Lomborg If we think about development priorities for the next 15 years – with the Millennium Development Goals expiring in 2015 – adequate nutrition and basic education immediately come to mind. Illicit financial flows (IFF) would not be top priority, but in a paper for Copenhagen Consensus Center think tank economist Alex Cobham …
Former Mubarak industry minister sentenced to 15 years
Rashid Mohamed Rashid and his daughter, who were referred to criminal court in March, were facing charges of smuggling EGP 500m to Cyprus
Money talks
By Philip Whitfield Sing along: Money, money, money must be funny in the rich man’s world. Money, money, money: always sunny in the rich man’s world. ABBA’s chart-topper. Here’s the 64-million-dollar question: Where will the money come from to save Egypt? A clue: The man with the plan worked his wizardry in China, Russia, South …
Start-ups don’t just need money; they need connections and mentorship: Ramez Mohamed, CEO, Flat6Labs
Daily News Egypt sat down with the company’s CEO, Ramez Mohamed, to discuss its operations, challenges to start-ups and investors in Egypt, and future vision.
Assets of 30 MB leaders frozen
The decision implements a 2013 court ruling ordering the banning of Muslim Brotherhood and confiscating its capital
Nigeria faces questions over ‘missing’ oil money
Nigeria produces about two million barrels of oil per day, and crude exports account for about 80 percent of government revenue.
Iron and Steel strike deal falls through, workers continue to protest
Workers say their demands have not been met and protest outside the cabinet
Mobile operators attempt to improve the ‘cash service’
The three mobile operators made proposals to CBE to collaborate on bettering cash transfer services
Money doesn’t grow on trees but gold leaf does: study
Geochemist Mel Lintern said it appeared the trees sucked up the gold particles from 30 metres (100 feet) below the ground through their roots.
US aid: “Recalibration” or change of strategy?
The U.S. State Department announced on Wednesday that it would halt the delivery of large-scale military systems and cash assistance to Egypt’s government. It said “credible progress” must be made towards free and fair elections. US State Department spokeswoman Jen Psaki said the United States is “recalibrating” its military aid to Egypt. While State Department did …
Islamists’ funds frozen
Prosecutor General freezes funds of Brotherhood’s supreme guide and other leading Islamist figures
Inflation hikes to 8.1% in April on currency slide
Egypt’s Central Bank decided to keep overnight deposit and lending rates unchanged at 9.75% and 10.75%, respectfully
Saudi says IMF growth forecast too low
The IMF said this month that it expected growth in the largest Arab economy to drop to 4.4% in 2013 from 6.8% last year
New budget presented to Shura Council
Further taxes are expected
Thales Group wins Cairo-Alexandria railway upgrade
French company granted rights to install electric signals at an estimated cost of $270m
Judicial delegation heads to Qatar
Group will discuss ways to repatriate Egyptian assets abroad