News from January 2025
NCUA Board approves annual performance plan to guide future operations
By Globe Banner | Jan 16, 2025
The National Credit Union Administration (NCUA) Board conducted its first open meeting of the year on January 16, 2025, where it unanimously approved the agency's 2025 Annual Performance Plan.
AI expansion may triple US data-centre usage by 2030
By Globe Banner | Jan 16, 2025
Barclays Research has released a new report in its Impact Series, titled "AI revolution: Meeting massive AI infrastructure demands."
U.S. provides EGP 2.2 million aid for Al Rawda mosque attack survivors
By Globe Banner | Jan 16, 2025
The United States has committed EGP 2.2 million to support survivors of the November 24 terrorist attack on a mosque in Al Rawda village, Egypt.
Trump discusses partnership with Egyptian president
By Globe Banner | Jan 16, 2025
President Donald J. Trump engaged in a conversation with President Abdel Fattah Al Sisi of Egypt.
U.S. donates lab supplies to boost Cameroon's disease detection capabilities
By Globe Banner | Jan 16, 2025
On January 16, 2025, a ceremony was held in Yaoundé, Cameroon, where the U.S. Ambassador to Cameroon, Christopher J. Lamora, officially handed over laboratory supplies procured by the U.S. Centers for Disease Control and Prevention (CDC).
NCUA releases research note on overdraft and NSF fees at credit unions
By Globe Banner | Jan 16, 2025
The National Credit Union Administration (NCUA) has released a Research Note analyzing overdraft and non-sufficient funds (NSF) fees at credit unions.
US strengthens Cameroon’s public health with lab supply donation
By Globe Banner | Jan 16, 2025
The United States continues to support Cameroon's public health efforts through a recent donation of laboratory supplies.
World Bank debars Nigerian firms over corruption charges
By Globe Banner | Jan 16, 2025
The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and Chief Executive Officer, Mr. Norman Bwuruk Didam.
USAID partners with Egypt's ministry on renewable energy education
By Globe Banner | Jan 16, 2025
A new curriculum focusing on renewable energy has been introduced by the U.S. Agency for International Development (USAID) in collaboration with Egypt's Ministry of Education.
Secretary Pompeo extends Ramadan greetings emphasizing unity and community
By Globe Banner | Jan 16, 2025
On January 16, 2025, Secretary Pompeo issued a statement on behalf of the United States Department of State to extend best wishes to Muslims worldwide for Ramadan.
World Bank supports Djibouti with $20 million grant for finance governance
By Globe Banner | Jan 16, 2025
The World Bank has approved a $20 million grant from the International Development Association (IDA) to support Djibouti in enhancing its public finance governance and digital services.
Biden expands defense article access for Cyprus amid growing bilateral cooperation
By Globe Banner | Jan 16, 2025
On January 15, 2025, President Biden issued a Presidential Determination that makes the Republic of Cyprus eligible to receive defense equipment, supplies, and services.
Morgan Stanley schedules Q4 and full year results discussion for January
By Globe Banner | Jan 16, 2025
Morgan Stanley is set to discuss its fourth quarter and full year 2024 financial results in a conference call scheduled for January 16, 2025, at 8:30 a.m. Eastern Time.
U.S. Embassy hosts Earth Day event focusing on ending plastic pollution
By Globe Banner | Jan 16, 2025
The U.S. Embassy in Cairo marked Earth Day 2018 on April 22 by hosting an event at the American Center at the Maadi Public Library.
State Department lists new terrorist designations targeting global ISIS affiliates
By Globe Banner | Jan 16, 2025
The U.S. Department of State has announced the designation of three ISIS-affiliated groups—ISIS-West Africa, ISIS-Philippines, and ISIS-Bangladesh—as Specially Designated Global Terrorists (SDGTs) under Executive Order 13224 and as Foreign...
Judge Bibas on SEC enforcement: SEC repeatedly sues crypto companies, ‘yet it will not tell them how to comply’
By Globe Banner | Jan 15, 2025
Judge Stephanos Bibas of the U.S. Court of Appeals for the Third Circuit said that the Securities and Exchange Commission's (SEC) denial of Coinbase's petition for regulatory clarity lacked sufficient explanation.
Financial wellness tips for the new year from RBC Wealth Management
By Globe Banner | Jan 15, 2025
As the new year begins, many individuals are considering resolutions related to wellness, including financial health.
East-West Center announces 2025 Changing Faces Women’s Leadership Seminar
By Globe Banner | Jan 15, 2025
The East-West Center has announced the 2025 Changing Faces Women’s Leadership Seminar, which will focus on innovation and entrepreneurship's role in economic growth, job creation, and community strengthening.
Kushner and Greenblatt meet Egyptian President to discuss regional cooperation
By Globe Banner | Jan 15, 2025
Senior Advisor Jared Kushner and Special Representative for International Negotiations Jason Greenblatt have met with Egyptian President Abdel Fattah el-Sisi.
U.S.-Egypt business ties strengthened by American firms' community impact
By Globe Banner | Jan 15, 2025
On January 15, 2025, the Chargé d’Affaires delivered a speech at the Egyptian Community Impact Session organized by the American Chamber of Commerce in Egypt and the U.S. Chamber’s U.S. Business Mission to Egypt.