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World
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Region
6/4/2023 6:00:59 PM
Turkish President Recep Tayyip Erdogan announced late on Saturday a major reshuffle in his cabinet, appointing new ministers for foreign affairs, treasury and finance, defense and vice president.
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Business
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Economy
5/24/2023 7:07:55 PM
President Joe Biden offered to freeze government spending at current levels during crunch debt talks with Republicans, which would reduce the deficit by $1 trillion, US Treasury Secretary Janet Yellen said Wednesday.
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Business
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Economy
5/16/2023 2:42:06 PM
The US government is facing increased borrowing costs due to the political crisis surrounding the nation's borrowing limit, Treasury Secretary Janet Yellen said Tuesday.
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Business
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Economy
5/14/2023 9:34:55 PM
President Joe Biden's administration again warned Sunday of "catastrophic" consequences for the US economy including huge job losses if the country defaults, as negotiations to forge a debt deal are expected to resume this coming week.
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Business
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Economy
5/11/2023 10:20:19 AM
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday at G7 finance talks in Japan.
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Business
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Economy
5/7/2023 8:54:48 PM
US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation's debt ceiling, "financial and economic chaos would ensue."
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Business
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Economy
4/27/2023 8:28:56 PM
The Central Bank of Egypt (CBE) auctioned on Thursday treasury bills (T-bills) worth EGP 39.5 billion ($1.28 billion) on Thursday, divided into two issues, to fund the budget deficit.
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Business
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Economy
4/18/2023 11:42:12 PM
Egypt’s Finance Minister Mohamed Maait said Tuesday that the treasury gathered $500 million in transfers from Egyptian ex-pats under a provisional programme allowing them to import customs-free cars.
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Business
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Economy
4/16/2023 8:12:14 PM
Economic sanctions imposed on Russia and other countries by the United States put the dollar's dominance at risk as targeted nations seek out an alternative, Treasury Secretary Janet Yellen said Sunday.
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Business
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Economy
4/9/2023 7:46:47 PM
After a number of recent treasury bill (T-bills) offerings by the Central Bank of Egypt (CBE) under-performed, Ahram Online sat down with experts to investigate whether there is any way to increase the desirability of Egyptian debt instruments.
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Business
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Economy
4/9/2023 12:54:33 PM
The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 40 billion ($1.30 billion) on Sunday, divided into two issues.
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Business
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Economy
4/8/2023 10:28:44 PM
Egypt has added $385 million to its treasury from an initiative that allows Egyptians living abroad to import cars customs-free against depositing equivalent sums in hard currency in five-year CDs.
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World
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International
3/28/2023 5:41:44 PM
Treasury Secretary Janet Yellen will announce America's commitment to enhancing corporate transparency along with more than 20 other countries at the Summit for Democracy on Tuesday.
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World
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Region
3/22/2023 12:08:10 AM
The US Treasury Department announced on Tuesday new sanctions on several companies and individuals for supporting Iran's drone and other weapons programs.
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Business
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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.
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Business
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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.
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Business
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Tech
3/12/2023 7:27:49 PM
US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the implosion of the Silicon Valley Bank but ruled out a bailout of the institution.
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Egypt
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Politics
3/8/2023 9:13:00 PM
Egypt has lowered the financial requirements for foreigners who apply to acquire Egyptian citizenship by purchasing state-owned property, starting investment projects or through depositing various sums in US dollars in the public treasury.
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Business
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Economy
3/5/2023 10:53:00 PM
Egypt's Minister of Finance Mohamed Maait said an annual package of EGP 150 billion to increase salaries and pensions decided by President Abdel-Fattah El-Sisi will cost the state's treasury an estimated amount of EGP 150 billion.
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World
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War in Ukraine
2/23/2023 12:41:16 PM
Sanctions imposed on Russia are having a "very significant effect", US Treasury Secretary Janet Yellen said Thursday, calling the invasion of Ukraine a "strategic failure" by Vladimir Putin.
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