{"id":578371,"date":"2022-12-26T04:08:16","date_gmt":"2022-12-26T04:08:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/26\/croatia-gears-up-to-adopt-the-eur-crypto-mogul-sam-bankman-frieds-former-colleagues-plead-guilty-on-wire-fraud-charges\/"},"modified":"2022-12-26T04:08:16","modified_gmt":"2022-12-26T04:08:16","slug":"croatia-gears-up-to-adopt-the-eur-crypto-mogul-sam-bankman-frieds-former-colleagues-plead-guilty-on-wire-fraud-charges","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/26\/croatia-gears-up-to-adopt-the-eur-crypto-mogul-sam-bankman-frieds-former-colleagues-plead-guilty-on-wire-fraud-charges\/","title":{"rendered":"Croatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried\u2019s former colleagues plead guilty on wire fraud charges"},"content":{"rendered":"

A couple of headlines worth your attention:<\/strong><\/p>\n

Former colleagues of FTX mogul plead guilty: <\/strong>FTX\u2019s former chief technology officer Gary Wang and ex-CEO of Alameda Research Caroline Ellison plead guilty in separate plea hearings on 19 December in FTX wire fraud charges, according to US attorney Samian Williams. (Washington Post<\/a>)<\/p>\n

Croatia is gearing up for a boost to its economy after it adopts the EUR as its <\/strong>official currency at the start of 2023<\/strong>, when it also joins the Schengen borderfree zone, the Financial Times<\/a> reports.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

14,385<\/p>\n<\/td>\n

\n

-0.7% (YTD: +20.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 24.68<\/p>\n<\/td>\n

\n

Sell 24.77<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 24.68<\/p>\n<\/td>\n

\n

Sell 24.75<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

16.25% deposit<\/p>\n<\/td>\n

\n

17.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

10,235<\/p>\n<\/td>\n

\n

+0.2% (YTD: -9.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

10,306<\/p>\n<\/td>\n

\n

-0.07% (YTD: +21.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

3,316<\/p>\n<\/td>\n

\n

-0.2% (YTD: +3.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

3,845<\/p>\n<\/td>\n

\n

+0.5% (YTD: -19.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,473<\/p>\n<\/td>\n

\n

+0.05% (YTD: +1.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

3,817<\/p>\n<\/td>\n

\n

-0.2% (YTD: -11.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 83.92<\/p>\n<\/td>\n

\n

+3.6%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 5.08<\/p>\n<\/td>\n

\n

+1.6%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,804<\/p>\n<\/td>\n

\n

+0.5%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 16,830<\/p>\n<\/td>\n

\n

-0.04% (YTD: -66.7%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 fell 0.7% yesterday<\/strong> on turnover of EGP 1.48 bn (4.3% above the 90-day average). Foreign investors were net buyers. The index is up 20.4% YTD.<\/p>\n

In the green: <\/strong>Abu Qir Fertilizers (+4.5%), Juhayna (+2.0%) and CIB (+0.7%).<\/p>\n

In the red: <\/strong>Qalaa Holdings (-8.7%), Palm Hills Developments (-7.1%) and Madinet Nasr Housing (-5.9%).<\/p>\n","protected":false},"excerpt":{"rendered":"

A couple of headlines worth your attention: Former colleagues of FTX mogul plead guilty: FTX\u2019s former chief technology officer Gary Wang and ex-CEO of Alameda Research Caroline Ellison plead guilty in separate plea hearings on 19 December in FTX wire fraud charges, according to US attorney Samian Williams. (Washington Post) Croatia is gearing up for […]<\/p>\n","protected":false},"author":1,"featured_media":578372,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[2383,344,72,297,119,7128,283,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-antitrust","tag-cryptocurrency","tag-enterpriseam","tag-europe","tag-financial-markets","tag-ma-watch","tag-media","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"c98079fb-2fb8-4746-9392-20ff920268a5","is_powered_by":true,"section_story_id":"e1e535eb-60c6-46ee-9f40-2ac433285acf","story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/526.jpg","photo_position":"above","related_issue":[578346],"teaser":"","voice_url":""},"yoast_head":"\nCroatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried\u2019s former colleagues plead guilty on wire fraud charges - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/26\/croatia-gears-up-to-adopt-the-eur-crypto-mogul-sam-bankman-frieds-former-colleagues-plead-guilty-on-wire-fraud-charges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Croatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried\u2019s former colleagues plead guilty on wire fraud charges\" \/>\n<meta property=\"og:description\" content=\"A couple of headlines worth your attention: Former colleagues of FTX mogul plead guilty: FTX\u2019s former chief technology officer Gary Wang and ex-CEO of Alameda Research Caroline Ellison plead guilty in separate plea hearings on 19 December in FTX wire fraud charges, according to US attorney Samian Williams. 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US prosecutors are seeking extradition for Naqvi, who was arrested in the UK on Friday. \u201cMr Naqvi maintains his innocence, and he fully expects to be\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578162,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/the-ftx-chaos-is-starting-to-blow-back-on-binance\/","url_meta":{"origin":578371,"position":3},"title":"The FTX chaos is starting to blow back on Binance","author":"enterpriseam admin","date":"18 December 2022","format":false,"excerpt":"Investors pulled bns of USD from the world\u2019s biggest crypto exchange last week: Binance, the world\u2019s largest crypto trading platform suffered USD 6 bn of outflows in the first of last week as investor confidence in crypto assets hit new lows following the arrest of disgraced FTX founder Sam Bankman-Fried,\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578009,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/this-morning-what-are-the-chances-of-a-surprise-cbe-meeting-this-week-plus-the-former-king-of-crypto-is-in-cuffs\/","url_meta":{"origin":578371,"position":4},"title":"THIS MORNING: What are the chances of a surprise CBE meeting this week? 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