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Orascom Construction Industries NV
Egypt’s richest man Nassef Sawiris considers breaking up his empire
...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...
February 14, 2024
EU immigration
Brussels prepares €7.4bn aid package for Egypt
...Egypt has a patchy human rights record, and the government of President Abdel Fattah al-Sisi, who took power in a 2013 military coup, has repressed dissent....
March 13, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Middle Eastern finance
Abu Dhabi steps in to ease Egypt’s currency crisis with $35bn investment
...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....
February 23, 2024
Transcript
Transcript: Spotify grows up
...The global supply of cocoa is shrinking, and it’s making chocolate more expensive. You can blame sick crops, poor weather and government price fixes in west Africa....
April 24, 2024
Egypt
Egypt secures $8bn IMF deal after removing currency controls
...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....
March 6, 2024
Due Diligence
DD sits down with Egypt’s richest man Premium content
...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...
February 15, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from December 18: Apple halts US Watch sales, US boosts Red Sea shipping security
Egypt’s Sisi wins third six-year presidential term
...He said officials and pro-government thugs blocked supporters from providing the notarised endorsements he needed to qualify as a candidate. Read more here...
December 18, 2023
Israel-Hamas war
Egypt begins building walled enclosure close to Gaza border
...The UK-based Sinai Foundation said Egypt was preparing for a “mass exodus” of refugees, and published pictures and videos of bulldozers working in the desert....
February 16, 2024
Middle Eastern economy
IMF ‘very close’ to fresh Egypt loan deal, Kristalina Georgieva says
...The Egyptian government on Wednesday announced measures intended to narrow the deficit and level the playing field for the private sector....
February 1, 2024
News in-depthEgypt
Demand for Egyptian debt surges after $55bn bailout and investment package
...Investors bid $21bn for $2.4bn in one-year Treasury bills on offer from the Egyptian government over the past month — it sold $8.5bn — in a return of the “hot money” flows that had shunned the country as...
April 16, 2024
Israel-Hamas war
Israel may delay final Gaza assault in exchange for hostages
...the border into Egypt in the wake of an Israeli military assault....
April 28, 2024
Egypt
Sisi wins third term as Egypt’s president
...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....
December 18, 2023
News in-depthEgypt
Treasures of ancient Egypt set to draw crowds at new Cairo museum
...the government....
December 25, 2023
News in-depthScottish National Party
Humza Yousaf’s leadership of the Scottish government is on the line
...provided the government with a working majority in parliament....
April 25, 2024
News updates from November 24: Hamas releases hostages as Israel truce begins, Netherlands’ VVD party deals blow to Geert Wilders’ government hopes
Thirteen Israeli and 12 Thai hostages released by Hamas, says Egypt
...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”....
November 24, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
FT News Briefing podcast12 min listen
Spotify grows up
...Plus, international investors have rushed into Egypt’s debt after the most populous Arab nation secured a $55bn bailout....
April 24, 2024
News updates from October 12: US inflation hotter than expected in September, FCA bans Staley
US Senator Menendez charged with acting as foreign agent for Egypt
...Government information and took other steps that secretly aided the Government of Egypt”....
October 12, 2023
African economy
Africa-focused fund draws early investors to tech industry
...TLcom, with a push into the biggest African tech markets of Nigeria, Kenya, South Africa and Egypt, aims to find companies capable of raking in at least three times investment return for shareholders, Caio...
April 22, 2024
Scottish politics
Scotland’s first minister confident he will win no-confidence votes
...The Greens set events in motion when they called for a vote on the future of the power-sharing agreement after the government ditched its 2030 climate target....
April 26, 2024
FirstFT
FirstFT: EY’s new boss Janet Truncale sets out her top team
...But the austerity drive may make achieving the government’s ambitious 5 per cent growth target even more difficult....
March 13, 2024
Life & Arts
FT Weekend Quiz: Isle of Wight, Egypt and ‘Fog on the Tyne’
...Which Japanese company was at the centre of a financial scandal in 2011 — exposed by its British CEO Michael Woodford? What’s the only part of Egypt that’s in Asia?...
December 22, 2023
Israel-Hamas war
Looting all but halts Gaza aid deliveries as law and order nears collapse
...Commercial supplies through the Rafah crossing with Egypt have also been disrupted....
February 21, 2024
UK defence spending
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
...The government estimates that getting military spending to 2.5 per cent of gross domestic product from its current baseline of 2.3 per cent of GDP will cost an extra £4.5bn a year by 2028-29....
April 24, 2024
The FT ViewThe editorial board
The pursuit of happiness
...These drivers of fulfilment are a far better basis for policy. An equivalent approach is to see the role of government as reducing the causes of unhappiness....
March 22, 2024
Day 11 of Israel conflict as it happened: Jordan cancels summit with Biden, other leaders
Egypt to host summit of Middle East leaders
...Egypt will on Saturday host a summit of state leaders on the Israel-Palestine conflict, Turkey’s foreign minister said on Tuesday....
October 17, 2023

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