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Financial Institutions
Morgan Stanley throws cold water on hints of any OPEC freeze deal
Energy investors got all excited last week on hints of a freeze deal among major oil producers, but anyone hoping…
Dcode to advise on three recycling, energy projects in Egypt
Egypt’s financial services firm Dcode Economic and Financial Consulting has been named as the adviser for the…
UAE National Bonds’ website now offers up-to-date financial planning advice
UAE’s leading sharia-compliant savings and investment company National Bonds, now provides financial planning tips…
Misr Insurance expects new credit rating from A.M. Best in Oct
Egypt’s Misr Insurance Company says targets an A rating from BBB in the coming few years and will start next…
SCI renews Suez Canal’s $349 mln marine fleet insurance policy
Egypt’s composite insurer, Suez Canal Insurance Company (SCI) has renewed an insurance policy contract for Suez…
Egypt’s GIG studies entering into inward reinsurance arrangements in Gulf
Egypt’s Arab Misr Insurance Group – GIG is studying inward requests from Gulf insurance brokers for reinsurance…
Delta Life names Mostafa Salah as operations and technical affairs chief
Egypt’s Delta Life Assurance has named Mostafa Salah as the new Manager of Operations and Technical Affairs,…
Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official
Egypt expects its eurobond issuance at the end of September or early October to have a yield between 5.5 percent…
Mohandes Life Insurance board approves $6.7 mln capital increase
Egypt-based Mohandes Life Insurance Company’s board of directors has approved proposed increase in paid-up capital…
Ministry of Finance to issue t-bills of 10.2 bln Egyptian pounds Sunday
Egypt’s Ministry of Finance is set to issue on Sunday treasury bills worth 10.2 billion Egyptian pounds ($1.15…