Egypt plans to issue foreign-currency bonds in early 2019 to raise $3 to $7 billion, Finance Minister …
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Euros
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Germany’s state-run development bank KFW has provided financing for projects currently in the country that is worth …
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Brussels will hit Amazon on Wednesday with a bill for Luxembourg back taxes worth several hundred million …
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World
Europe closes higher as S&P hits record; STOXX 600 up 2% for the quarter; VW shares slip
by Yomna Yasserby Yomna YasserEuropean stocks closed higher on Friday afternoon, on the last trading day of the quarter, amid improved …
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Financial Institutions
CBE says Egypt has sold €659.9 mln in one-year treasury bills
by Yomna Yasserby Yomna YasserEgypt has sold 659.9 million euros ($777.56 million) in one-year treasury bills on Monday, central bank of …
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Tech news
Google wins challenge against 1.1 billion euro French tax bill
by Yomna Yasserby Yomna YasserA French court ruled on Wednesday that Google was not liable to pay 1.1 billion euros ($1.3 …
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The European Union has raised the ceiling of aid offered to Egypt from 450 million to 600 …
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International News
Germany to fine online giants up to 50mn euros for hate speech
by Yomna Yasserby Yomna YasserThe German government on Wednesday approved fines of up to 50 million euros ($53 million) against online …
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Industry & Trade
Egyptian foodmaker Edita says receives Arab Bank’s two medium term loans
by nada nasserby nada nasserEgyptian foodmaker Edita has announced on Wednesday that it received two medium term loans from Arab Bank …
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Banks
Govt. needs of euros secured through €600m treasury bills tender: CBE
by aya salahby aya salahThe Central Bank of Egypt (CBE) offered treasury bills worth €600m on behalf of the Ministry of …
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