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Financial Institutions
Egypt’s Pioneers Approves $393 mln Share Issue
Egyptian financial services firm Pioneers Holding approved a capital increase of 3 billion Egyptian pounds ($393…
Egypt’s Public Partners Insurance Eyes Opening 6 Branches in 3 Years
Chairman & CEO at Ppib( Public partners insurance brokerage) Mohamed Elmaghraby said his company is aiming to…
Capital Intelligence affirms Egypt’s Rating, Stable Outlook
Capital Intelligence (CI), the international credit rating agency, has affirmed Egypt's Long-Term Foreign and Local…
IMF’s Chief confirms Presence in Egypt Economic Summit
The International Monetary Fund’s managing director Christine Lagarde will participate in Egypt’s March Economic…
Egypt could raise up to $2 bln in Eurobond Issue
Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7…
Egypt’s Economic Growth to Accelerate 4.5% this Year – Moody’s
Global ratings agency Moody’s said the pace of Egypt’s economic growth is forecasted to accelerate to between 4%…
EBRD Grants US$800mn to Egypt’s SMEs in 3 Years
The total finance provided by European Bank for Reconstruction and Development (EBRD) in order to support Small and…
S&P cuts GDP Outlook for China, Japan; raises Outlook for India
Standard & Poor's Ratings Services said Thursday it was lowering its economic growth forecasts for China and…
Insurance Federation of Egypt hosts today First Forum on Risk Management
Egypt has hosted today the first forum on risk management, under the theme of “The Role of Insurance Experts in the…
EFSA: EGP1.6 billion Surplus in Egypt’s Insurance Sector in 2014
Egyptian Financial Supervisory Authority (EFSA) revealed that the total insurance premiums value reached EGP14…