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Financial Institutions
Egypt’s FinMin Says Surplus State Budget May be EGP 85bln
Egyptian Finance Ministry has completed preparing the citizen's budget to explain the state budget law for…
Egypt to Borrow EGP79.5bln from Local Market before Sept-End: Ministry
Egyptian Finance Ministry said the government is aiming to borrow EGP79.5 billion from the local market…
Mohandes Insurance Attains EGP15.1mn Profits in H1
The financial statements of Mohandes Insurance Company Egypt revealed that the company attained EGP15.1…
Who’s Who: 12 Insurance Companies Invested in Second Suez Canal Project
Twelve insurance companies operating in Egyptian market have bought EGP 549 million worth of investment…
Fitch Affirms Triple-A Rating for U.S.
Fitch Ratings Inc. affirmed its Triple-A rating for the U.S., citing the nation's "unparalleled financing…
Egypt’s Govt to Borrow EGP6 Billion from Banks Tomorrow
Egyptian Government will borrow EGP6 billion tomorrow from the banks operating in the market in the form of…
Egypt’s Economy to Grow 6% in 3 years: Finance Minister
Egypt's finance minister is predicting growth rates of up to 6 percent within three years, which would mark a major…
SFD-Egypt Obtains €67.5 Grant from EU
Social Fund for Development (SFD) obtained €67.5 million European Union (EU) grant through the World Bank towards…
Arab Misr Insurance GIG Plans Opening New HQ in New Cairo with EGP90mn
Head of Investment Sector at Arab Misr Insurance Group GIG Mohamed Nagah Nour said the investment cost of new…
Egypt Eyes 5-6% Economic Growth for Next 3 Years– Minister
Minister of Finance Hany Kadry Dimian revealed on Tuesday that the government is aiming to restore investor…