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Business
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Tech
10/25/2022 6:35:44 PM
India's antitrust watchdog fined Google $113 million on Tuesday for "unfair" payment policies, a week after hitting the tech behemoth with an even bigger financial penalty for abusing its market dominance.
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World
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International
10/20/2022 9:28:59 PM
After Brazilian President Jair Bolsonaro boosted welfare payments in August by 50%, many people in the Jequitinhonha Valley, one of the poorest regions of the country, felt they could once again afford some meat, keep electricity running and repair leaky roofs.
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World
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International
10/19/2022 12:45:50 PM
French cement company Lafarge pleaded guilty Tuesday to paying millions of dollars to the Islamic State group to keep a plant operational in Syria, at a time when the militant group was engaged in torturing kidnapped Westerners, and agreed to pay roughly $778 million in penalties.
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World
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International
10/3/2022 2:25:01 PM
Poland's foreign minister on Monday signed an official note to Germany requesting the payment of some $1.3 trillion in reparations for the damage incurred by occupying Nazi Germans during World War II.
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War in Ukraine
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Economy
9/28/2022 11:50:15 AM
Turkey's booming wartime trade with Moscow took a giant step back on Wednesday with confirmation that the last three banks still processing Russian payments were pulling out under pressure from Washington.
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Business
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Economy
9/17/2022 8:59:22 PM
Moscow uses local currency settlement mechanism in trade exchange between Russia and Egypt - mutual acceptance of payments in the Russian ruble or the Egyptian pound - amid western sanctions that have blocked the country's access to the dollar and euro since the start of the Ukraine crisis, Russian Ambassador to Cairo Georgy Borisenko said.
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Business
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Economy
8/28/2022 3:17:18 PM
Egypt's finance ministry urged swift payment of taxes and due fees ahead of the end of August deadline, to benefit from tax facilities offered under the law pardoning delay in payment.
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War in Ukraine
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Economy
8/11/2022 11:22:47 AM
Ukraine's lenders agreed to a pause for the payment of its $20 billion (19.4 billion euro) debt, as its economy has been severely impacted by Russia's invasion, the prime minister said.
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Business
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Tech
8/10/2022 6:13:36 PM
UAE-based GrubTech, which is a cloud kitchen and restaurant tech solutions provider, signed an agreement with Geidea, a e-payments and fintech platform, to provide services for the POSs of GrubTech’s clients.
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War in Ukraine
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Economy
8/10/2022 3:13:07 PM
Oil shipments from Russia through a critical pipeline to several European countries should resume soon after a problem over payments for the transit was resolved, Slovakia's economy minister said on Wednesday.
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War in Ukraine
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Economy
8/9/2022 8:09:43 PM
The supply of Russian oil to three European countries through Ukraine has been halted as the transit payment cannot be processed due to sanctions, Russian firm Transneft said Tuesday.
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Business
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Markets & Companies
8/8/2022 1:32:35 PM
Contact Factoring, a subsidiary of Contact Financial Holding and a non-banking financial services provider in Egypt, signed an agreement for EGP 125 million with OneOrder, an online one-stop shop that provides food supplies to hotels, restaurants, and coffee shops.
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Business
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Tech
8/7/2022 3:14:46 PM
Egyptians increased their use of at least one digital payment method in 2022, including digital cards, SMS payments, digital money transfer apps and instant payment services, according to Mastercard’s New Payment Index 2022 report.
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Business
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Economy
8/4/2022 6:53:31 PM
The performance of the balance of payments (BOP) is stable during the nine months from July 2021 to March 2022, the Central Bank of Egypt (CBE) has announced.
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Business
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Markets & Companies
7/19/2022 1:35:06 PM
Bahrain-based Arab Financial Services (AFS), a digital payment solutions provider and fintech enabler covering the Middle East and Africa, plans to expand its payments footprint in the Egyptian market through the establishment of its Egypt hub, the company announced on Tuesday.
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Sports
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World
7/19/2022 12:31:12 PM
Swiss state prosecutors confirmed on Tuesday they have started the appeal process against the acquittal of former football chiefs Sepp Blatter and Michel Platini over a suspected fraudulent payment.
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Sports
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World
7/8/2022 12:55:58 PM
Sepp Blatter and Michel Platini, once the chiefs of world and European football, were acquitted Friday over a suspected fraudulent payment that shook the sport and torpedoed their time at the top.
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Sports
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World
7/5/2022 7:36:54 PM
Soccer players have been cautioned by their trades union about joining clubs in China, Saudi Arabia and Turkey among countries with ``systematic and widespread contractual violations.''
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War in Ukraine
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Economy
6/28/2022 11:25:10 AM
Moody's ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a century, after bond holders did not receive $100 million in interest payments.
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War in Ukraine
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Economy
6/23/2022 4:08:21 PM
Russia has made two interest payments on dollar-denominated debt in rubles, the country's finance ministry said Thursday, as Moscow faces the risk of an external debt default.
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