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" Silicon Valley"

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Business - Economy
10/3/2023 4:41:04 PM
The Suez Canal Economy Zone (SCZONE) inaugurated Silicon Valley for Electronic Industries (SVEi), the first factory for wearable mobile accessories in Egypt, the Middle East, and Africa in the Sokhna Industrial Zone on Tuesday, according to a statement by the SCZONE on Tuesday.

Business - Tech
9/5/2023 8:20:14 PM
Social media giant Meta said on Tuesday it would pull the plug on the Facebook News tab in December in its biggest European markets, the UK, France and Germany.

Business - Markets & Companies
7/11/2023 10:06:04 PM
Amazon is disputing its status as a big online platform that needs to face stricter scrutiny under European Union digital rules taking effect next month, the first Silicon Valley tech giant to push back on the pioneering new standards.

Business - Economy
7/10/2023 9:48:17 PM
A senior Federal Reserve official has proposed raising capital requirements for large and mid-sized US banks as part of a "comprehensive" series of measures to tighten banking regulation and supervision.

Business - Markets & Companies
7/10/2023 8:21:28 PM
According to a press statement issued on Monday, Exits.me, an Egypt-based fintech investment platform, has grown its total capital to $1.25 million following a recent financing round in which Silicon Valley-based venture company Practical VC participated.

Business - Economy
5/5/2023 4:14:51 PM
Recent turmoil in the banking industry may have you worried about your money.

Business - Economy
4/25/2023 1:40:09 PM
In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.

Business - Economy
3/30/2023 11:24:48 PM
US President Joe Biden called on banking regulators Thursday to reinstate tougher rules on midsized banks, saying that doing so would prevent future failures like that of Silicon Valley Bank.

Business - Economy
3/28/2023 9:04:58 PM
The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the steps necessary to fix the problems.

Business - Markets & Companies
3/27/2023 3:31:21 PM
U.S. futures shot higher early Monday, with bank stocks mostly gaining after the Federal Deposit Insurance Corp. said it had agreed to the sale of troubled Silicon Valley Bank to North Carolina-based First-Citizens Bank & Trust Co.

Business - Economy
3/22/2023 10:28:38 AM
American banks will be paying especially close attention to the Federal Reserve's interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.

Al-Ahram Weekly - Opinion
3/21/2023 11:18:36 PM
With the 2008 global financial crisis threatening to repeat itself, can the world take another hit after the Covid-19 pandemic and the Ukraine war.

Business - Economy
3/21/2023 2:23:31 PM
The US banking sector is "stabilizing" after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen will tell a summit Tuesday, according to prepared remarks.

Business - Markets & Companies
3/16/2023 9:02:51 PM
The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as US bank collapses and troubles at Credit Suisse feed fears about the impact of higher rates on the global banking system.

Business - Markets & Companies
3/13/2023 7:31:18 PM
wo large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe.

Business - Markets & Companies
3/13/2023 4:31:21 PM
President Joe Biden on Monday reassured Americans that their banking system is secure in the wake of the collapse of SVB and said he wants tougher regulations to prevent future crises.

Business - Markets & Companies
3/13/2023 2:15:40 PM
Bank stocks sagged in Europe and US stock futures fell Monday ahead of the market's open in New York, shaken by worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world.

Business - Economy
3/13/2023 10:00:50 AM
The UK Treasury and the Bank of England have “facilitated the sale″ of Silicon Valley Bank UK to HSBC, ensuring the security of 6.7 billion pounds ($8.1 billion) of deposits.

Business - Tech
3/12/2023 10:19:48 PM
Israeli Prime Minister Benjamin Netanyahu said Sunday that the government would assess the effect of Silicon Valley Bank's collapse on Israeli companies and determine whether or not to assist them.

Business - Tech
3/12/2023 7:34:31 PM
Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible?

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