Tue, 21-Oct-2025

Ecclestone: Former Formula One supremo accused of UK charge extortion

Ecclestone

Former Formula One supremo Bernie Ecclestone. Misrepresentation over an inability to proclaim. British expense authority, examiners said on Monday. Ecclestone recognized possessing it yet said he was ignorant it was in his baggage. He was liberated to leave in the wake of paying bail. The Crown Prosecution Service said Ecclestone, 91, confronted one count of … Read more

Egypt to issue $604 million of treasury bonds

Egypt

CAIRO: The Central Bank of Egypt will issue 9.5 billion Egyptian pounds ($604.3 million) in treasury bonds to finance the country’s budget deficit, Arab News reported. The T-bonds will be issued in coordination with the Finance Ministry. In a statement posted on its website, the central bank said the value of the first offering is 8 billion … Read more