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Financial Institutions
Egypt Government to Borrow EGP5.5 billion Tomorrow
Egyptian Ministry of Finance is set to launch new short term Treasury bills (T-bills) worth 5.5 billion Egyptian…
Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY
Egypt's budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months of the…
Wethaq Takaful Insurance Eyes EGP120mn Premiums in FY14/15
Wethaq Takaful Insurance Company eyes attaining EGP120 million premiums within the current fiscal year of…
Finance Minister: Egypt Targets 5.8% Growth in 3 Years
Egypt is targeting economic growth between 4 and 5.8 % within the next three years while holding the budget deficit…
Arab Insurance GIG May Attain EGP360mn Premiums by 2014-End
Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said the size of premiums which expected…
Misr Insurance Mulls EGP200mn Compensations for Flood-stricken Hotels
Misr Insurance Holding Company is considering paying compensations of flood- stricken hotels in Taba with EGP200…
Egypt’s Finance Holds Today Press Conference over New Budget of 2014/2015
Egyptian Finance Minister Hany Kadry will be holding today a press conference in order to announce for the…
IMF asks Egypt to Put Realistic Action Plans to Spur Growth
Egypt has to put realistic action plans to increase growth, and address unemployment problem to face the weak…
Arab Orient Takaful May Attain EGP240mn Premiums by 2014-End
The total expected premiums of Arab Orient Takaful Insurance company by the end of the current year2013/2014…
Fitch Affirms Egypt at ‘B-‘; Outlook Stable
Fitch Ratings has affirmed Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B-'. The…