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...The move has caused anger in ministerial circles, fuelling fears that the Financial Conduct Authority’s approach to regulation is harming the City of London and driving business abroad....
...past two months.Egypt’s richest man, whose personal assets include English football club Aston Villa, said he was looking into a complete transformation of the business that forms the core of his fortune...
...Egypt is building a walled enclosure along its border with Gaza, according to satellite images and activists, as Israel warned it would expand its offensive into the city of Rafah where 1.5mn displaced Palestinians...
...The deal included an investment of $24bn of fresh money in addition to the conversion of $11bn of UAE deposits in the central bank to local currency to be used in projects in Egypt....
...“We do not have direct flows out of Egypt,” Kairidis told the FT. But he added: “There are Egyptians crossing through eastern Libya.”...
...The first tranche of investment, due in a week, will be a $15bn payment, including $5bn from a prior deposit by the United Arab Emirates in the Central Bank of Egypt....
...In today’s newsletter: Egypt’s richest man talks to DD A pensions chief says private equity needs to share the wealth Lyft’s wild ride An Egyptian billionaire speaks about his empire Egypt’s richest...
...Officials said civilians sheltering in Gaza’s southernmost city would be moved to areas “geographically close” to Rafah, including a coastal safe zone called Al-Mawasi, the city of Khan Younis, and perhaps...
...And because Egypt has been in crisis for two years, I think there are fears of an economic collapse in Egypt, a country of 106mn people. The Europeans are afraid of a migration crisis....
...The electoral commission announced on Monday that Sisi, a former armed forces commander, trounced his opponents with 89.6 per cent of the vote on a turnout of 66.8 per cent....
...Egypt’s president Abdel Fattah al-Sisi has sent his health minister to Arish in the northern Sinai to inspect the readiness of hospitals and “levels of services” in the city and nearby areas....
...Analysts say the Egypt-IMF discussions have focused on a package of at least $10bn, some of which would come from the lender and the rest from other donors likely to include the World Bank....
...This issue acts as a curtain-raiser for a year of celebrations. Welcome to Paris 2024. With the Olympics arriving in a few months, the city is in a mad rush to polish up before the torch arrives....
...Sisi has accused the Jewish state of seeking to expel Gazans to Egypt and repeatedly rejected what he described as the liquidation of the Palestinian cause at the expense of neighbours....
...But the outbreak of war in neighbouring Gaza helped to change the attitudes of donors, who feared Egypt was heading towards default and economic collapse....
...For we read in Sumerian literature of the lamentations of citizens as their cities are engulfed in chaos and disorder. The same is true of Ancient Egypt....
A tour of Paris in the season’s new looks
...In a statement, the chair of the service said that Egyptian authorities were preparing to receive the hostages at the Rafah border crossing “in preparation for their transfer to the Israeli side”....
...The City of London is likely to be affected by alterations to non-dom rules....
...After it arrived on Friday, there was a collective sigh of relief. The attack, targeting an air base near the city of Isfahan, was calibrated to avoid a further escalation....
...Last autumn, Israel’s government dismissed an intelligence document that proposed the removal of millions of Gazans to Egypt as just “a preliminary paper”....
...Plus, international investors have rushed into Egypt’s debt after the most populous Arab nation secured a $55bn bailout....
...Over four months of war, Israeli evacuation orders have pushed civilians towards Rafah, the southernmost city on the border with Egypt, as Israel’s military has bombarded the territory and ground forces...
...who have sheltered in the city....
...With a libretto he and Peter Sellars stitched together from the gospels, Latin American poetry and other texts, it tells the story of Jesus from the Annunciation to his family’s flight to Egypt....
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