The Egyptian government said Tuesday that it had inked a series of deals to sell off $1.9 billion worth of stakes in state-owned companies, in a move that promises to bolster Egypt’s ailing private sector. [ More … ]
Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is now seeking to boost its coffers by selling state assets to wealthy Gulf nations, according to AFP. Experts say the [ More … ]
An Egyptian court has ruled for the seizure and confiscation of the assets of 89 Muslim Brotherhood members, including the country’s first and only democratically-elected President Mohammed Morsi. According to the state-owned daily Akhbar al-Youm, [ More … ]
A Tunisian court on Wednesday ordered the assets and property of the head of the opposition Free Patriotic Union, Slim Riahi, be frozen on suspicion of money laundering. A spokesman for the Public Prosecutor’s Office [ More … ]
The total Islamic banking assets in the UAE have increased to approximately Dh520 billion ($141.58 billion) in the past few years, said Saif Hadef Al Shamsi, assistant governor for monetary policy and financial stability at [ More … ]
An Egyptian court called n the Interior Ministry to legally pursue the New York-based Human Rights Watch organization for not having state clearance to operate in Egypt. The international rights origination doesn’t have an office [ More … ]
Egypt’s State Lawsuits Authority -a body representing the government in legal cases- has appealed against a court’s ruling that canceled the decision to seize renowned Egyptian footballer Mohamed Aboutrika’s assets. Egypt’s administrative court overturned a [ More … ]
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