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Financial Institutions
Egypt’s SFD eyes $250 million World Bank, EU funding for infrastructure projects
Egypt’s Social Fund for Development (SFD) is planning to start talks with the World Bank and the European Union to…
Egypt Cabinet endorses Kuwait Fund’s planned $100 mln Sinai loan
Egyptian Cabinet approved on Thursday a soft loan agreement worth $100 million, which will be signed by end of this…
Egypt’s SFD allocates €15 million French funding to upgrade six informal areas
Funds from the French Development Agency (AFD) will be allocated to help Egypt develop six informal areas…
Egypt’s SFD allocates French Development Agency’s €13mn grant to upgrade slums
Egypt’s Social Fund for Development (SFD) has recently received the French Development Agency’s (AFD) €13 million…
Japan monetary easing has benefits for Asian economies; say IMF researchers
Japan's extraordinarily easy monetary policy, a source of friction with the United States for pushing the yen’s…
IMF urges fixed rates, longer grace period, maturities for Greece
The International Monetary Fund (IMF) would like euro zone countries to extend the grace period on all their loans…
Xl Catlin lead underwriter for missing EgyptAir plane: sources
Ireland-based insurer XL Catlin is the lead underwriter and Marsh is the broker for the EgyptAir plane which…
Shell, SFD Egypt sign preliminary agreement
Egypt’s Social Fund for Development (SFD) has signed Wednesday a memorandum of understanding with oil giant Shell…
AXA France CEO Nicolas Moreau to step down in June
French insurer AXA SA CS said Wednesday the head of its French operations, Nicolas Moreau, will leave the company…
Goldman Sachs cuts equities to ‘neutral’, upgrades commodities
Goldman Sachs downgraded equities to "neutral" over a 12-month time-frame on growth and valuation concerns, but…