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Hossam Heiba, CEO of Egypt’s Investment Authority, On Economic Reforms And A Growing Private Sector

Global Finance

According to the Saudi authorities, Egyptian investors are the number one investors now in Saudi Arabia with about $20 billion USD. From a monetary perspective, traditionally Egypt was focused on fixing the foreign currency and protecting the Egyptian pound. Hossam Heiba : Yes. At the same time, we are encouraging FDIs inside Egypt.

Economics 105
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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

Handling Currency Complexity As a cross-listed company, your financial reports might be presented in multiple currencies, depending on the requirements of the exchanges. Consider hedging strategies to reduce the impact of currency fluctuations. Use simple, plain language to explain the “why” behind your numbers.

IFRS 98
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Sovereign Ratings, Default Risk and Markets: The Moody's Downgrade Aftermath!

Musings on Markets

Sovereign Defaults: A History Through time, governments have often been dependent on debt to finance themselves, some in the local currency and much in a foreign currency. However, those defaults, and especially so in recent years, have been supplemented by countries that have chosen to default on local currency borrowings.

Marketing 116
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Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

If we think about it, a managerif facing pressure to beat an analyst forecast, or beat last years earnings, or wanting a particular bonushas enough flexibility in the accounting rules to manage those numbers while staying within the rules. You manage your numbers. So, how are we going to track the slippery slope? Horton: Heres one.

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The Innovators 2025: Middle East

Global Finance

Customers can also use Salary Transfer and instant transfer features with these currencies. Geidea’s instant onboarding solution is particularly significant due to the rapid growth of digital-payment adoption across the region and the increasing number of microenterprises entering the formal economy.

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McKinsey’s Koller: Valuation Isn’t Broken—Expectations Are

Global Finance

For the most part, a lot of what people are talking about is not a currency. We call it a cryptocurrency, but it’s not a currency. Koller: Stablecoins are cryptocurrencies tied to real-world assets, usually the US dollar or another fiat currency. Retail investors don’t crunch the numbers. It is a speculative investment.

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Running the Numbers Without Running from the Truth

CFO Talks

Running the Numbers Without Running from the Truth No one sees the cracks forming in a businesss foundation quite like the CFO. Before the headlines, before the boardroom fallout, the numbers tell a story – and its your responsibility to make sure its the truth. You see the numbers before anyone else.

Numbers 52