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Financial Institutions
US-Egypt Business Council strongly supports government’s IMF loan request
The US-Egypt Business Council (USEBC) strongly supports the Egyptian government’s request for a $12bn loan over…
Egypt’s Delta Insurance ups technical reserves to $6.3 mln in FY2016-15
Egyptian Delta Insurance Company has registered a 2.3 percent growth in its technical reserves throughout the…
Sisi meets IMF’s Lagarde on sidelines of G20 in Hangzhou
Egypt's President Abdel Fattah al-Sisi has just started a meeting with International Monetary Fund Managing…
IMF’s lagarde says seeking $5-6 bln bilateral financing for Egypt
IMF is in talks with senior officials in some countries to persuade them to contribute to about $5 billion to $6…
Misr Life Insurance launches critical illness cover product
Egypt’s Misr Life Insurance Company announced Thursday that it has launched a new product to provide critical…
Egypt 7-month leasing activity goes 14% higher: EFSA
Leasing activity in Egypt grow 14 percent since the beginning of the year until July, head of the country’s market…
Egypt to host global takaful, Islamic insurance event in Oct
Egypt will host next October the ninth conference for the International Federation of Takaful and Islamic Insurance…
Egypt receives first tranche of Saudi Arabia’s Sinai loan
Egypt has received Sunday the first tranche worth $300 million of Saudi Arabia’s Sinai development loan, Egyptian…
Misr Insurance wins drugmaker Nile Pharma’s $4.2 mln medical policy
Egypt’s Misr Insurance has won a medical insurance policy designated for the workers in drugmaker Nile Company for…
Misr Insurance to insure Evergrow Fertilisers’ plant for $78.8 mln
Egypt’s Misr Insurance Company has won a policy bid to insure a fertilisers plant owned by Evergrow, an Egyptian…