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Stephane Sejourne At EU headquarters - Brussels

European Executive Vice-President for Prosperity and Industrial Strategy and European Commissioner for Industry, SMEs and the Single Market Stephane Sejourne speaks to the press prior to a European Union (EU) Economic and Financial Affairs Council (ECOFIN) at the EU headquarters in Brussels, Belgium on February 18, 2025. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Stephane Sejourne At EU headquarters - Brussels

European Executive Vice-President for Prosperity and Industrial Strategy and European Commissioner for Industry, SMEs and the Single Market Stephane Sejourne speaks to the press prior to a European Union (EU) Economic and Financial Affairs Council (ECOFIN) at the EU headquarters in Brussels, Belgium on February 18, 2025. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Stephane Sejourne At EU headquarters - Brussels

European Executive Vice-President for Prosperity and Industrial Strategy and European Commissioner for Industry, SMEs and the Single Market Stephane Sejourne speaks to the press prior to a European Union (EU) Economic and Financial Affairs Council (ECOFIN) at the EU headquarters in Brussels, Belgium on February 18, 2025. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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Sumitomo Chemical 1H FY2031 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2031. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2027 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2027. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2029 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2029. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2032 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2032. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2025 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2025. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2028 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2028. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2030 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2030. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2024 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2024. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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Sumitomo Chemical 1H FY2026 Financial Results and Management Strategy Meeting

Sumitomo Chemical held a briefing on financial results and management strategy for the first half of fiscal year 2026. Photo shows President Keiichi Iwata.=October 30,2024,Tokyo

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XINHUA PHOTOS OF THE DAY

(240229) -- BEIJING, Feb. 29, 2024 (Xinhua) -- Paul Chan (2nd L), financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a press conference on budget for 2024-25 in Hong Kong, south China, Feb. 28, 2024. The HKSAR will take a fiscal consolidation strategy in the new financial year, said Paul Chan while delivering the 2024-25 budget on Wednesday. (Xinhua/Wang Shen)

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CHINA-HONG KONG-ANNUAL BUDGET (CN)

(240228) -- HONG KONG, Feb. 28, 2024 (Xinhua) -- Paul Chan (2nd L), financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a press conference on budget for 2024-25 in Hong Kong, south China, Feb. 28, 2024. The HKSAR will take a fiscal consolidation strategy in the new financial year, said Paul Chan while delivering the 2024-25 budget on Wednesday. (Xinhua/Wang Shen)

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CHINA-HONG KONG-ANNUAL BUDGET (CN)

(240228) -- HONG KONG, Feb. 28, 2024 (Xinhua) -- Paul Chan (2nd R), financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, attends a press conference on budget for 2024-25 in Hong Kong, south China, Feb. 28, 2024. The HKSAR will take a fiscal consolidation strategy in the new financial year, said Paul Chan while delivering the 2024-25 budget on Wednesday. (Xinhua/Wang Shen)

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CHINA-HONG KONG-ANNUAL BUDGET (CN)

(240228) -- HONG KONG, Feb. 28, 2024 (Xinhua) -- Paul Chan (2nd L), financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, speaks at a press conference on budget for 2024-25 in Hong Kong, south China, Feb. 28, 2024. The HKSAR will take a fiscal consolidation strategy in the new financial year, said Paul Chan while delivering the 2024-25 budget on Wednesday. (Xinhua/Wang Shen)

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Australian student visa rejection rate rises

STORY: Australian student visa rejection rate rises SHOOTING TIME: Feb. 23, 2024 DATELINE: Feb. 24, 2024 LENGTH: 00:01:09 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of international students in Canberra 2. various of the Australian National University campus STORYLINE: According to the latest Australian government data, 80.9 percent of total international student visa applications in the six months to December 2023 were approved -- down from 86 percent in the financial year 2022-23 and 91.5 percent in 2021-22. It marks the lowest approval rate since 2005-06. The fall coincided with the December release of the government's new migration strategy, which places an emphasis on greater scrutiny for student visa applicants to end exploitation of the immigration system. Under the overhaul, colleges and universities have been placed into three tiers based on their history of visa fraud or other problems with international students. Those in tier one, including Australia's largest universities, ar

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Alstom To Cut 1500 Jobs

File photo dated April 30, 2020 shows a general view of Alstom building in Saint-Ouen, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by David Niviere/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated July 28, 2023 shows the first car manufactured by Alstom and designed by Ora Ito of Marseille's future metro trains in Marseille, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Laurent Coust/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated April 28, 2014 shows French engineering group Alstom's headquarters in Levallois-Perret, near Paris, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Thierry Orban/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated June 18, 2020 shows Alstom's Regiolis Lio electric or dual-mode train. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Patrick Batard/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated October 26, 2017 shows atmosphere in the site of French train maker Alstom in Belfort, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Sophie Dupressoir/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated February 1, 2023 shows Alstom's Coralia iLint hydrogen train on the Tours-Loches line, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Pascal Avenet/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated June 18, 2020 of Alstom's logo. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Patrick Batard/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated July 28, 2023 shows a man with his back to ALSTOM wearing an orange waistcoat in Marseille, France on . On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Laurent Coust/ABACAPRESS.COM

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Alstom To Cut 1500 Jobs

File photo dated February 1, 2023 shows Alstom's Coralia iLint hydrogen train on the Tours-Loches line, France. On Wednesday, November 15, the Group announced a net income of just € 1 million for the first half of its new financial year (April 2023 to March 2024). Management has announced two major changes. First, at the close of the Annual General Meeting in July 2024, former Safran CEO Philippe Petitcolin will become Chairman and current CEO Henri Poupart-Lafarge will become Managing Director. The second change is a cost-cutting strategy to turn around the balance sheet that will see the elimination of 1,500 full-time equivalent jobs "or 10 % of sales and administrative functions." Photo by Pascal Avenet/ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni (R) and Ursula von der Leyen, President of the European Commission, attend the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni and Charles Michel, president of the European Council, attend the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni (C), Tunisian president Kais Saied (L) and Mohamed bin Zayed Al Nahyan (R), president of the United Arab Emirates attend the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni (C) attends the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni attends the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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International Conference On Development And Migration - Rome

Italy’s Prime Minister Giorgia Meloni attends the International Conference on Development and Migration in Rome, Italy on July 23, 2023. At the initiative of the Italian Government, the leaders of almost all states on the southern shore of the wider Mediterranean, in the Middle East and the Gulf, as well as EU Member States of first arrival and a number of partners from the Sahel and the Horn of Africa, together with the heads of European institutions and international financial institutions, met at the Ministry of Foreign Affairs and International Cooperation in Rome, to address emergencies and launch a shared development strategy. Photo by (EV)/ ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Deputy Managing Director, in charge of Human Resources for the Saint-Gobain Group Claire Pedini, Chairman of the Board of Directors of Compagnie de Saint-Gobain Pierre-Andre de Chalendar, CEO of Saint-Gobain Benoit Bazin and Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Saint-Gobain General Meeting of Shareholders - Paris

Deputy Managing Director, in charge of Human Resources for the Saint-Gobain Group Claire Pedini, Chairman of the Board of Directors of Compagnie de Saint-Gobain Pierre-Andre de Chalendar, CEO of Saint-Gobain Benoit Bazin and Chief Financial Officer of Compagnie de Saint-Gobain Sreedhar Natarajan during the general meeting of shareholders of Saint-Gobain, on the strategy of the French multinational company, in Paris, France on June 8, 2023. Photo by Pierrick Villette/ABACAPRESS.COM

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Egypt adopts new bank rules to promote financial inclusion

STORY: Egypt adopts new bank rules to promote financial inclusion DATELINE: May 22, 2023 LENGTH: 00:01:00 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of banks and ATMs in Egypt STORYLINE: The Central Bank of Egypt (CBE) has introduced a new initiative that allows banks to open accounts without requiring a minimum deposit, Egypt's Al-Ahram newspaper reported on Sunday. In addition, the CBE is promoting the utilization of bank electronic wallets. According to the data of the CBE, the number of Egyptians holding Egypt Post accounts, mobile phone wallets, prepaid cards, and bank accounts combined has reached 42.3 million. This figure represents 64.8 percent of the Egyptian population above the age of 16, which amounts to 65.4 million citizens. The CBE reported last month a significant improvement in financial inclusion rates, which saw an 147 percent increase between 2016 and 2022. In 2022, the CBE launched its financial inclusion strategy for the p

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PM Noda's first policy address

TOKYO, Japan - Japan's Prime Minister Yoshihiko Noda makes his first policy address since taking office at a plenary session of the House of Representatives in Tokyo on Sept. 13, 2011. Noda pledged to map out a strategy to revive the country's economy by the end of the year in the aftermath of the March 11 quake-tsunami tragedy and the unfolding global financial market crisis.

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Mitsubishi UFJ, Morgan Stanley to set up firm to assist mergers

NEW YORK, United States - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi (L) and Morgan Stanley Chairman John J. Mack shake hands in New York on June 30. The two companies will set up a joint venture to assist mergers and acquisitions as part of their business strategy to enhance their alliance.

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Egypt's central bank launches financial inclusion strategy

STORY: Egypt's central bank launches financial inclusion strategy DATELINE: Nov. 28, 2022 LENGTH: 0:00:47 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of people withdrawing money STORYLINE: The Central Bank of Egypt (CBE) on Sunday launched the financial inclusion strategy (2022-2025) that sets key objectives and priorities for creating financial inclusion in the country. Financial inclusion aims at making quality financial services available to all individuals across all classes through formal channels at a reasonable cost in a way that protects their rights and allows them to soundly manage their money. The CBE's strategy aims to protect the rights of their clients and boost confidence in the Egyptian banking sector; promote a culture of the financial inclusion; encourage entrepreneurship and startups; and establish an inclusive and effective financial infrastructure. The strategy also targets expanding digital financial services and easing access to f

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Egypt's central bank launches Financial Inclusion Strategy

STORY: Egypt's central bank launches Financial Inclusion Strategy DATELINE: Oct. 10, 2022 LENGTH: 00:00:51 LOCATION: Cario CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt STORYLINE: The Central Bank of Egypt (CBE) launched the Financial Inclusion Strategy (2022-2025) on Sunday. The CBE explained in a statement that the strategy was based on the results of a survey for financial services conducted among individuals and small and medium-sized enterprises (SMEs). Measures will be taken to improve financial education, diversity in banking and non-banking financial products and digital financial services and create a business environment for SMEs and entrepreneurs. According to the statement, the strategy comes within the framework of the efforts exerted at the state level to achieve economic empowerment for citizens and companies, in line with the goals of sustainable development and Egypt's Vision 2030. Xinhua News Agency correspondents reporting from Cario. (XHTV)

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Japan, China, S. Korea to launch finance consultation body

MADRID, Spain - Japanese Finance Minister Fukushiro Nukaga, South Korean Strategy and Finance Minister Kang Man Soon and Chinese Finance Minister Xie Xuren (From L to R) meet in Madrid on May 4. They agreed to create a new framework by the end of the year to promote financial stability in Asia. (Kyodo)