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Financial Institutions
IMF Says Egypt Budget Gap Worrying, Urges Yemen To Finalize Economic Program
Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a…
IFE’s Group Life Committee Prepares A Guiding Life Takaful Policy
The group life insurance committee at the Insurance Federation of Egypt (IFE) has finalized writing the guiding…
SFD Finances 19,000 Small Enterprises In Upper Egypt With EGP 145.3 Mln
The Social Fund for Development (SFD) financed about 19,000 micro- and small enterprises in Minya, Beni Suef,…
Misr Insurance Covers Supply Company’s Project In Iraq With US$ 1 Bln
Misr Insurance Company has signed a contract to insure a project of an Egyptian supply company in Iraq with US$ one…
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…