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Financial Institutions
AlexBank, MetLife Alico announce Bancassurance Partnership
The Pharaonic American Life Insurance Company- Alico (MetLife Alico) will offer its products through the nationwide…
Egypt to issue $950 million 1-year Treasury Bill
The Egyptian government plans to issue a $950 million 1-year treasury bill Monday, the Central Bank of Egypt has…
Misr Insurance renews Pacts with 40 Reinsurers
The leading insurer in MENA region, Misr Insurance Company has renewed its reinsurance agreement for 2015 with more…
Suez Canal Insurance’s Branches to hit 36 at end-2016
Suez Canal Insurance Company is targeting increasing its branches from 27 to 36 by the end of the next year, said…
Cabinet ratifies Egypt’s Plan to raise $1.5 billion Foreign Bonds
Egyptian government has endorsed Tuesday a plan to raise international bonds at values worth $1.5 billion, aiming…
Suez Insurance’s Workers Donate EGP0.5 million to ‘Long Live Egypt’ Fund
Workers in Suez Canal Insurance, a leading Egyptian composite insurer, decided to contribute to the national…
Suez Canal Insurance records 9.7% Premiums Growth in 6 Months
Suez Canal Insurance, a leading Egyptian composite insurer, has realised a y-o-y growth of 9.7% in issued premiums…
Egypt: Key Pacts, Activities Signed during 2014
Egypt’s Ministry of International Cooperation has issued on Thursday a report on main activities and agreements…
Pensioners receive their Dues earlier on Egypt Muslims and Copts’ Celebrations
One million and 736 thousand pensioners in Egypt had disbursed on Thursday their pensions totalling EGP 1.773…
SFD Loans EGP1.9 million for Red Sea Sustainable Development Project
Egypt’s Social Fund for Development (SFD) will cooperate on funding the Red Sea Sustainable Development Project,…