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Financial Institutions
China Inflation Muted Leaves Room for Extra Stimulus: Economy
China’s inflation stayed subdued in July while factory-gate prices fell for a 17th month, giving Premier Li Keqiang…
Japan’s Debt Exceeds 1 Quadrillion Yen as Abe Mulls Tax Rise
Japan’s national debt exceeded 1,000 trillion yen for the first time, underscoring the case for Prime Minister…
Violence Post-Morsi No Bar to Yields at 2-Year Low: Arab Credit
Egypt’s borrowing costs, which slid to a two-year low this week, are set to decline further as a cut in interest…
Egypt Sees IMF Accord Crucial To Economic Rebound, Minister Says
Egypt’s interim government considers a loan agreement with the International Monetary Fund an “essential” part of…
US Welcomes Resumption of Egypt-IMF Talks
The Egyptian government said Sunday that visiting US Deputy Secretary of State William Burns had welcomed the…
Egypt’s Finance Sells T-Bonds Worth EGP1.5 bln, Yields Fall to 15.9%
Egyptian Finance Ministry said it has successively sold 10-year treasury bonds totaled EGP 1.5 billion, in…
Egypt Among Top 10 Will Be out of Recession Within The Next 12 Months; Nielsen
Egyptian consumer confidence indexed at 77 in Q2 2013, a three-point increase from Q1 2013 and a decrease of 26…
Damaan Islamic Insurance Records QR28m Profit
Damaan Islamic Insurance Company (Beema) has recorded a profit of QR28m for the first half of 2013, against QR10m…
Egypt’s Finance Sells T-Bills Worth EGP 6.5 Bln Today
The Finance Ministry has sold 182-357 day treasury bills totaled at EGP 6.5 billion. The Ministry has emphasized…
Egyptian Takaful Property’s Reviews Pumping EGP 50 Mln Paid Capital
Mr. Ahmed Morsy, Deputy Managing Director of the Egyptian Takaful Insurance Company (Property), has revealed that…