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Financial Institutions
JPMorgan Holders Led by Chairmen-CEOs to Vote on Dimon
As JPMorgan Chase & Co. (JPM)’s Jamie Dimon prepares for a vote tomorrow on whether he should keep his…
SFD Secures US$ 120 Mln From World Bank By H2, 2013
The Social Fund for Development (SFD) will receive the US$ 120 million second tranche of the US$ 300 million…
Cooperative Insurance Society Manages NBE’s Insurance Portfolio
The Cooperative Insurance Society – Egypt signed two agreements worth EGP 175 million with the National Bank of…
SFD Finances 4,590 IT Projects With EGP 85 Mln
The Social Fund for Development (SFD) has financed about 4590 projects totally or partly based on modern…
Munich Re Expects Strong Insurance-Sector Growth Until 2020
According to a study by Munich Re, the global insurance market will grow strongly in the years to come. Munich…
SFD Grants US$ 25 Mln To Alexandria Business Association
The Social Fund for Development (SFD) has allocated US$ 25 million for Alexandria Business Association to finance…
Misr Life Insurance’s Premiums Hit EGP 1.3 Bln At End-March
Misr Life Insurance Company achieved premiums of EGP 1.307 billion in the first nine months of FY 2012/2013,…
Egyptian Assembly Approves Higher Taxes On The Wealthy
Egypt's parliament approved a new income tax law on Monday that will increase levies paid by the wealthy and by…
Misr Insurance Insures Electricity Generation Company’s Projects In 3 African Countries
Misr Insurance Company has signed a contract with one of the largest Egyptian electricity generation companies to…
Egypt Confident On IMF Deal, Timing Of Next Visit Unsure: Minister
Egypt's new planning minister said on Saturday he was confident the country would reach a deal with the…