The Italian government is committed to forging ahead with ambitious tax cuts in 2020 and will discuss …
Italian government
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Banks
ECB tells Italy’s Monte dei Paschi it needs to raise €8.8 billion
by Yomna Yasserby Yomna YasserThe European Central Bank (ECB) has told Monte dei Paschi it needs to plug a capital shortfall …
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European stocks closed higher Tuesday as investors focused on talks between OPEC members and political uncertainty ahead …
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Financial Institutions
SFD-Egypt, World Bank, EU to Ink €67mn Finance Deal Thursday
by Salma Aymanby Salma AymanEgypt’s Social Fund for Development (SFD) will sign next Thursday a new finance agreement worth €67 million …
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Financial Institutions
Egypt in Talks over €45mn Financing for SMEs from Italy
by Yomna Yasserby Yomna YasserEgypt currently seeks a new Italian financing worth €45 million for the SMEs. According to Egypt’s Minister …
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Egyptian telecoms tycoon Naguib Sawiris said on Saturday he was still interested in taking a stake in …
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Tech news
Italy Govt Prefers Telefonica Merger for Telecom Italia to Sawiris – Paper
by Yomna Yasserby Yomna YasserThe Italian government would prefer a merger between Telecom Italia and Spain’s Telefonica, rather than a deal …
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The Italian government will inject EGP 55 million to be invested in the Egyptian market through Green …
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Egypt Post will be reaching an agreement with the Italian government on licensing the remittances from Egyptians …