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Financial Institutions
Bankers: Amending Egypt’s PPP Law Isolates Economy
Some bankers said that the proposal suggested by People’s Assembly (Lower House of Parliament) to amend Egypt’s…
Japan grants 32.717 bn yen loan to Egypt
Japan extended concessional loans to Egypt in order to implement large-scale economic infrastructure projects such…
Al Ansari Exchange Partners With IFH To Offer Labor Guarantee Services
Al Ansari Exchange, the UAE's exchange house network that provides worldwide remittance and foreign exchange…
Visa offers Egyptian cardholders an additional 10% on world’s leading brands
Visa, global payments technology company, recently announced its partnership with Chic Outlet Shopping, Europe’s…
IMF: Global Economy on Recovery Path, but Risks Remain
"The global economy may be on a path to recovery, but there is not a great deal of room for maneuver and no room…
Palestinians may face cuts without more aid, IMF warns
The International Monetary Fund on Saturday urged donors to meet their aid pledges to the Palestinian Authority,…
CBE: Commodities Increase Monthly Inflation Rate By 0.67%
Central Bank of Egypt (CBE) attributed the 0.67% general inflation increase to the increase in food prices…
EFSA rejects appeal against Cooperative Insurance Society
Egyptian Financial Supervisory Authority (EFSA) rejected the appeals on procedures of candidacy for Egypt’s…
Hannover Re achieves pleasing income despite major losses in 2011
Hannover Re Group released its 2011 financial results that showed achieving good income although loss expenditure…
Tanmeyah Micro Enterprise injects EGP 300m investments
Amr Abu Eish, CEO of Tanmeyah Micro Enterprise Services, said that the Company injected funds in value to EGP 200…
