Turkey
Two executives of former crypto investment platform arrested for fraud in Istanbul
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
There was "excellent progress" in talks with Egypt to enhance its IMF loan program, and "comprehensive support" was needed to help the country deal with pressures posed by refugees from the war in Gaza, the International Monetary Fund said on Thursday.
IMF spokesperson Julie Kozack told a regular news briefing that IMF staff and Egyptian authorities agreed on the main elements of program changes under combined first and second reviews © Mena Today
There was "excellent progress" in talks with Egypt to enhance its IMF loan program, and "comprehensive support" was needed to help the country deal with pressures posed by refugees from the war in Gaza, the International Monetary Fund said on Thursday.
IMF spokesperson Julie Kozack told a regular news briefing that IMF staff and Egyptian authorities agreed on the main elements of program changes under combined first and second reviews of Egypt's existing $3 billion loan and "authorities have expressed a strong commitment" to them.
She declined to discuss details of the Egypt package as the negotiations are continuing.
Regarding pressure on the talks posed by the issue of Gaza refugees, Kozack said: "There is a need to have a very comprehensive support package for Egypt and we're working very closely with both the Egyptian authorities and their partners to ensure that Egypt does not have any residual financing needs and also to ensure that the program is able to ensure macroeconomic and financial stability in Egypt."
By Andrea Shalal
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
Abu Dhabi's Mubadala Investment Company applied to Turkey's Competition Board to take sole control of Turkish grocery delivery company Getir Perakende Lojistik, a statement on the board's website showed on Friday.
Both sides in Sudan's civil war have committed abuses on a large scale which may amount to war crimes or crimes against humanity, a U.N.-mandated mission said on Friday, recommending an arms embargo and a peacekeeping force to protect civilians.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.