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Financial Institutions
EFG-Hermes Leasing Says Portfolio Is US Dollar117
The size of the portfolio of EFG-Hermes Leasing (HRHO) , a wholly-owned subsidiary of investment bank EFG-Hermes,…
Wethaq Takaful Egypt starts Regulatory Talks for $6.5mn Property Fund
Egypt’s Wethaq Takaful Insurance has started talks with the country’s market regulator, seeking to launch its first…
EFG-Hermes launches Subsidiary to offer Leasing Services
Egypt's EFG-Hermes, one of the largest investment banks in the Middle East, announced Sunday that it had launched…
Arope Insurance wins Egypt TE Data’s $196.5 million Policy
Egypt’s Arope Insurance has won an insurance policy for the internet service provider TE Data’s assets, the…
Egypt’s Dollar Bonds allure more than 290 Foreign Investors – Minister
The dollar bonds raised by Egypt a few days ago with a value of $1.5 billion attracted more than 290 investors with…
Fitch rates Egypt ‘B’ Rating for US$1.5 billion 2025 Bond
Fitch Ratings has assigned Egypt's US$1.5 billion global bond maturing 11 June 2025 a 'B' rating. The bonds have a…
HC Securities launches Direct Investment Fund worth $100mln Q4
Egypt-based HC Securities & Investment targets launching direct investment fund with capital of US$ 100 million…
Suez Canal Insurance registers $56mln-premuims in 11 Months
Egypt’s Suez Canal Insurance has registered premiums volume of EGP 430 million (US$56.3 million) within the first…
Insurance losses from Australian storms reach A$1.55bn
Severe storms that hit Australia during April and May have led to more than A$1.55bn (US$1.18bn; £778m) in…
SFD injects $236mln for Egypt’s Small, Micro Projects end May
Egypt’s Social Fund for Development's total funds (SFD) for small and micro- enterprises reached EGP1.8 billion…