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...By the end of the year OCI had agreed to offload two fertiliser holdings for about $3.6bn apiece, to the Abu Dhabi National Oil Company and Koch Industries of the US....
...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....
...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....
...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....
...The appointment is subject to approval from the bank’s board, which is due to meet on Thursday, said people with direct knowledge of the plan....
...national team buying”....
...Marc Filippino And what is Egypt most afraid of when it comes to taking in refugees from Gaza? Heba Saleh Egypt doesn’t want to open the border to refugees for really a range of reasons....
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
...Thirteen Israelis and 12 Thai nationals have been released from captivity by Hamas in Gaza, according to the Egyptian state information service....
...But fear not, there are plenty of items left in the hamper to keep you reading the Financial Times. First, there are election results to digest, starting with Egypt....
...Efforts are under way to enable some foreign nationals to leave Gaza via the Rafah crossing into Egypt, after Israel told diplomats that it would allow some departures on Saturday....
...Check the latest interest rates on National Savings & Investments accounts. See our coverage of the latest savings and investment issues....
...Egypt has said a two-state solution with Israel is the only one that can aid the Palestinian cause and said “a policy of forced displacement of liquidating the Palestinian issue at the expense of other countries...
...Egypt is reforming in part to meet conditions for relief from champions of the consensus, including the IMF and World Bank....
...hundreds of foreign nationals from Gaza”....
...Diplomats said discussions were also under way to allow some of the 6,000 foreign nationals still thought to be in Gaza to leave as well, although they cautioned that the situation was fluid....
...John Kirby, US National Security Council spokesperson, said the Biden administration was in discussions with Israel and Egypt about creating a humanitarian “safe passage” corridor for civilians in Gaza caught...
...The talks have been closely followed by investors this year as robust wage growth is crucial for the Bank of Japan to gain enough confidence to begin unwinding its ultra-loose monetary policy measures....
...Foreign governments have been working with Egypt to ensure safe passage from Gaza for foreign nationals and Palestinians with dual citizenship through Rafah ever since Israel launched its bombardment of...
...In that case, Israel could direct strikes at Egypt. He warned the conflict could not be settled militarily or by pushing Palestinians in Gaza and the West Bank into Egypt and Jordan....
...al-Sisi on Thursday and noted “the importance of Egypt’s historic role in the region, including in seeking de-escalation”, Number 10 said....
...The statement called on Israelis to avoid travel to several parts of the world highlighted in a National Security Council threat assessment updated last month....
...Abdel Fattah al-Sisi, Egypt’s president, said on Tuesday that “national security is my first responsibility and under no circumstances will there be any complacency or negligence”....
...The dovish central bank surprises did not stop there. A day after the Fed meeting, the Swiss National Bank unexpectedly cut its interest rates, knocking about 1 per cent off the value of its currency....
...Glapiński is a member of the ECB’s general council along with all heads of EU national central banks....
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