More cooperation was needed among developing nations to overcome dwindling foreign currency reserves, a growing energy crisis and supply chain disruptions, according to business leaders and officials from eight developing nations meeting in Bangladesh. Representatives from Egypt, Nigeria, Turkey, Iran, Malaysia, Pakistan and Bangladesh under the banner of D-8, or developing eight countries, were discussing […]
The UN-brokered Libyan Political Dialogue Forum, held in Tunis, has been suspended and slated to resume next week after the participating delegates failed to reach consensus on who will lead the transition process. Turkish state-run news agency Anadolu, citing some participants aligned with GNA, reported that the talks were reportedly blocked on the grounds that […]
The Central Bank of Egypt (CBE) has handpicked Barclays Bank as an international sell-side advisor for the sale of its 99% stake in the state-owned United Bank, Egypt Today reports. Barclays will work alongside local financial advisor, CI Capital, the media also notes. United Bank is one of the 32 state-owned companies the Egyptian government […]
