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Financial Institutions
Egypt’s SFD Eyes €95 Million Loans from French Development Agency
Egypt’s Social Fund for Development (SFD) is currently in talks with the French Development Agency (Agence…
CBE to Auction T-bills worth 6 billion Pounds Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 182 and 364-day…
Gras Savoye Egypt Inaugurates its Second Affiliate Abroad, in Jordan
Gras Savoye Egypt – Insurance Broker inaugurated its new branch in the Hashemite Kingdom of Jordan on Wednesday.…
Fitch: Egypt’s Ratings Stabilised But Rapid Recovery Unlikely
Fitch Ratings says in a new report on Wednesday that Egypt's ratings have stabilised on tentative political and…
Egypt’s SFD to Obtain $400 mln Loans from UAE, Saudi Funds
Egypt’s Social Fund for Development (SFD) will get loans amounting to US$ 400 million next March from UAE’s Khalifa…
Arab Misr Insurance GIG Allocates EGP100m Reserve Under Settlement for 8 Clients
Tarek Gamal, general manager of benefits department at Arab Misr Insurance Group – GIG said his company allocated…
EGP4.3 bln SFD’s Funding for Small and micro Projects: Ghada Waly
Egypt’s Social Fund for Development (SFD) pumped funding totaled around EGP4.3 billion for the SME projects within…
Egypt Surges Second Stimulus Package by US$4.87 bln
Egypt's Finance Minister Ahmed Galal unveiled on Monday the launch of the second stimulus package, which amounts to…
CBE to Auction T-bonds worth 8 billion Pounds Today
On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today four issuances of…
IFC Provides $300 mln to Support SMEs in MENA during 2013
World Bank Group’s IFC has spent around US $ 300 million during 2013 in supporting the SMEs in the MENA region, the…