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Financial Institutions
Enough GCC Aid will be Made Available: Merrill Lynch
The report also expects no near-term International Monetary Fund (IMF) engagement with Egypt. Tightened liquidity…
SFD-Egypt, World Bank, EU to Ink €67mn Finance Deal Thursday
Egypt’s Social Fund for Development (SFD) will sign next Thursday a new finance agreement worth €67 million with…
LIoyd’s Seeks a Country Office in Egypt
The world’s specialist insurance market LIoyd’s is seeking to have its presence in Egypt, said deputy head of…
Suez Canal Insurance Wins Policy for Grain Firm worth EGP700mn: EMES
EMES Insurance Brokerage Company announced that Suez Canal and property insurance company won the insurance policy…
Sudanese Insurance Eyes US$20mn Premiums in 3 Years
Managing Director of Sudanese Insurance and Reinsurance Company Hassan El Sayed said his company eyes US$20 million…
JPMorgan-to-Apple Data Scares Spur Israeli Stock’s Surge
With each successive data breach scare that’s hit corporate America in recent weeks, from JPMorgan Chase & Co.…
Fitch Affirms Saudi Arabia Ratings at ‘AA’; Outlook Stable
Fitch Ratings has affirmed on Friday Saudi Arabia's Long-term foreign and local currency Issuer Default Ratings…
Misr Life Insurance Invests EGP150 million in New Suez Canal Project
Misr Life Insurance allocates a portion of its portfolio to buy EGP 150 million worth of investment certificates…
Royal Insurance-Egypt to Launch Mutual Fund with EGP50mn by October
Royal Insurance Company decided to launch new mutual fund for underwrite with EGP50 million initial capital by next…
SFD Finances 5 Contractors Participating in Suez Canal Project
Egypt’s Social Fund for Development (SFD) announced Wednesday it will finance contractors participating in building…