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Financial Institutions
Bupa targets boosting Egypt market share
British private healthcare firm Bupa intends to boost its market share in Egypt in the coming period, managing…
Egypt signs OFID’s $40 mln small and micro-business loan
Egyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) to…
IMF: China making big reforms but can do more to deal with debt-loaded SOEs
China was making efforts to reform its debt-laden economy, but authorities had more work still to do, a top…
Hiscox says may set up EU-based insurance firm
Lloyd's of London underwriter and specialist insurer Hiscox Ltd (HSX.LN) said it may set up an EU-based insurance…
IMF agrees on two-year $3.5 bln credit line for Morocco
The International Monetary Fund (IMF) has granted Morocco a $3.5 billion credit line for two years to help it…
Egypt’s nuclear insurance pool to convene ‘in days’ to review insurers’ shares
The long-awaited Egyptian insurance pool tailored for insuring the country’s nuclear projects and facilities will…
Iskan wins $32.6 mln political violence insurance policy for mall developer
Egypt’s Iskan Insurance Company has won a policy bid launched by one of the companies operating in mall and…
Central Bank of Egypt to issue Sunday $1.1 bln treasury bills
Egypt’s central bank is to issue on Sunday on behalf of the ministry of finance treasury bills worth 10 billion…
JPMorgan to stop settling government securities for dealers
JPMorgan Chase & Co (JPM.N) will stop settling U.S. government securities transactions for most dealers by the…
Specialty insurer Ironshore plans IPO
Specialty commercial and casualty insurance company Ironshore Inc. plans an initial public offering, according to a…