Browsing Category
Financial Institutions
Turmoil Likely To Mean Egypt Will Miss Crucial $4.8b Loan From IMF
Egypt's descent into even deeper political turmoil will almost certainly put a multibillion-dollar international…
KSA To Lend $500 Million To Egypt
According to an official at the Ministry of Planning and International Cooperation, Saudi Arabia has approved to…
Uncertain Future Economic Problems in Egypt
Politically, Egypt has embarked on a new path. Economically, little is likely to change; the country's problems are…
S&P Raises Triglav Rating, Affirms Sava Re
Rating agency Standard & Poor's has upgraded the long-term rating of insurance group Triglav by one notch, to…
Egypt’s FinMin to Auction EGP 6 Bln T-Bills
Egypt’s Ministry of Finance is offering tomorrow 91- and 266-day treasury bills worth at EGP 7 billion.Ministry of…
Al-Sharq Brokerage Entrusts EGP 33Mln Arabiata’s Policy to Misr Insurance
Al Husseini Abdel Aziz, Managing Director of Al-Sharq Brokerage Company, has revealed that Al-Sharq successively…
Egypt Analysts Optimistic for Post-Morsi Economy
Analysts are optimistic that the ousting of President Morsi may presage a brighter future for Egypt's economy.…
Fitch Cuts Egypt Rating to B- on Political Worries
Egypt’s credit rating was cut by Fitch Ratings on concern that the ouster of President Mohamed Morsi will damp…
Egypt Debt Insurance Costs Fall Sharply-Markit
The cost of insuring Egypt's debt against default fell on Friday for the second day in succession after the…
Egyptian President’s Ouster Likely Delays IMF Bailout Money For Now
The deposing of Egyptian President Mohammed Morsi by the military Wednesday likely freezes any chance for an…