EU provides Egypt with 7.4-bln-euro financial package: president

STORY: EU provides Egypt with 7.4-bln-euro financial package: president SHOOTING TIME: March 17, 2024 DATELINE: March 18, 2024 LENGTH: 00:00:48 LOCATION: Cairo CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Egyptian President Abdel-Fattah al-Sisi meeting with European leaders (Courtesy of the Egyptian Presidency) 2. various of the signing ceremony (Courtesy of the Egyptian Presidency) STORYLINE: The European Union (EU) agreed on Sunday to provide a financial package of approximately 7.4 billion euros (8.06 billion U.S. dollars) to bolster the Egyptian economy, Egyptian President Abdel-Fattah al-Sisi said. Sisi made the remarks during a press conference jointly held with visiting European Commission President Ursula von der Leyen and other senior officials from the bloc, during which he announced that Egypt and the EU signed a joint political declaration to "embark on a collaborative path" toward upgrading their bilateral relations to the "strategic and comprehensive partnership level." The financi

Star-studded financial summit lineup casts vote of confidence in Hong Kong, mainland

STORY: Star-studded financial summit lineup casts vote of confidence in Hong Kong, mainland SHOOTING TIME: Nov. 7, 2023 DATELINE: Nov. 8, 2023 LENGTH: 0:01:39 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Global Financial Leaders' Investment Summit in Hong Kong 2. SOUNDBITE 1 (English): JOHN LEE, Chief executive of the HKSAR 3. SOUNDBITE 2 (English): ZHANG QINGSONG, Deputy governor of the People's Bank of China STORYLINE: Global financial heavyweights joined regulators Tuesday at the main session of the Global Financial Leaders' Investment Summit in Hong Kong, casting a vote of confidence in the economic prospects of the financial center and the Chinese mainland. The event brought together around 300 international and regional leaders from 160 global financial institutions, with more than 90 institutions represented by their group chairmen or CEOs. Under the theme of "Living with Complexity," the main summit discussed the trends and changes that are reshaping the global financi