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Financial Institutions
Darling of Davos, Christine Lagarde has second IMF term sewn up
The darling of the Davos political and financial elite, Christine Lagarde has a second term at the helm of the…
IMF’s Lagarde says markets need clarity on China currency
Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the…
IMF’s Lagarde: migrants can boost EU growth, if states share burden
An influx of refugees into Europe need not harm its economy, provided there is an EU agreement on distributing…
Africa Retakaful: 9-month premiums hit $27 million in Egypt
African Takaful Reinsurance Company (Africa Retakaful), a subsidiary of Africa Reinsurance Corporation, has…
SFD Egypt: SME projects in Upper Egypt are top priority in 2016
Egypt’s Social Fund for Development (SFD) is to focus more on funding small and medium-sized (SME) projects in the…
S&P says Greece no longer vulnerable to default, credit rating upgraded to…
Major credit ratings agency, Standard and Poor's (S&P) has given Greek debt a vote of confidence - raising its…
Egypt’s FEP Capital awarded best direct investment firm
London’s International Finance magazine presented Egyptian company FEP Capital with the awards for best direct…
IMF opens search for top job; Lagarde has offered to serve again
The International Monetary Fund (IMF) said it plans an open selection process for its top job and will begin…
African Reinsurance successfully places capital increase to $500 million
African Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, has completed a plan to increase its…
IMF slashes global growth forecast as China, falling oil prices weigh
The International Monetary Fund cut its global growth forecasts for the third time in less than a year Tuesday,…