Out of bounds
talks between Greece and lenders threaten the stability of the euro zone ,
said a senior official in the European Union, that should be on Greece and its creditors speed the adoption of a review of the reforms that should be adopted by the heavily indebted state in exchange for new loans.
Valdis Dombrovskis warned European Commission Vice President in charge of financial services in the Union, to prolong the review process will lead to a state of financial instability in the euro zone.
He said in an interview with the newspaper Welt am Sonntag , the German "reforms in the program aims to improve the capacity of the Greek economy to compete and give the Greeks in the hope of a stable and secure future."
And made Greece 's international lenders and significant progress in the talks , which took place on Friday, to narrow their differences on reforms.
And on Saturday, said Greek Prime Minister Alexis Tsipras, said he believed that the review process that took a long time will end positively, but reiterated that Athens will not accept requests for "illogical" on the part of lenders.
Abu Dhabi , the
UAE expects more commitment to OPEC 's agreement
and UAE Energy Minister Suhail Al Mazroui said that the commitment to a global agreement between OPEC and independent producers to reduce the level of production was high in January.
He added to reporters , " a high level of commitment, and we expect to see more commitment in the coming months."
According to the data used in the control of OPEC supplies, seen by "Reuters" OPEC has carried out more than 90 percent of production cuts in January in a strong start for the implementation of the first cut of production in eight years.
The OPEC cut oil production by 1.2 million barrels per day from January to support oil prices and reduce the oversupply in the market. Russia agreed and ten other producers outside OPEC to reduce their supply half of that amount.
HC Egyptian is seeking to enter the leasing activity
chairman of HC Securities said the Egyptian and investment, said his company this year aimed at entering the leasing area and expects the arrival of portfolio size of this activity to 500 million pounds ($ 28.2 million).
HC is one of the largest investment banks in Egypt and operates in the field of investment, asset management and securities trading in both Egypt and the United Arab Emirates, and has assets under management of five billion pounds that size.
Hussein said Shukri , who owns about 63 percent of HC shares, in an interview with "Reuters" took place in his office on the outskirts of Cairo , " are interested in this year actively leasing. We got the license and established a company for this purpose since 2010, but the events of the revolution froze the project.'re Working on activity again this year portfolio expected 500 million pounds. "
The leasing is a system in which the lessor financed the purchase of a capital asset at the request of the tenant the aim of investing for a period of not less than 75 percent of the shelf life of the asset in exchange for periodic payments.
HC provides financial advice in the field of acquisitions. The company last year and played the role of a financial advisor in two transactions , one of Jordan Hikma Pharmaceuticals in acquisition of IMC United pharmaceutical company specialized in the treatment of tumors and central care products in Egypt compared to 300 million pounds.
Shukri said " the year 2016 were not good in the field of acquisitions in Egypt." But he sounded optimistic about the prospect of takeover activity during 2017 and said , "We are working on exits for about 5 deals from Egypt in the food and packaging, medical equipment and other sectors for Arab investors and Egyptian investors sectors. Everyone expected to determine the path of the economy during the next term."