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Financial Institutions
Egyptian Assembly Approves Higher Taxes On The Wealthy
Egypt's parliament approved a new income tax law on Monday that will increase levies paid by the wealthy and by…
Misr Insurance Insures Electricity Generation Company’s Projects In 3 African Countries
Misr Insurance Company has signed a contract with one of the largest Egyptian electricity generation companies to…
Egypt Confident On IMF Deal, Timing Of Next Visit Unsure: Minister
Egypt's new planning minister said on Saturday he was confident the country would reach a deal with the…
Delta Life Insurance Company’s 9-Month Premiums Hit EGP 104.1 Mln
Delta Life Insurance Company achieved premiums of EGP 104.1 million in the first nine months of FY 2012/2013. The…
Egyptian Saudi Insurance House Eyes Expansion In Upper Egypt
The Egyptian Saudi Insurance House (ESIH) plans to expand geographically in Upper Egypt in the upcoming period,…
Royal Insurance Company Prepares To Renew Reinsurance Agreements Next July
Royal Insurance Company is getting ready to finalize the procedures of renewing reinsurance agreements, sources…
Egypt Cut To Record Low At S&P On Increased Financing Pressure
Egypt’s long-term credit rating was cut to seven levels below investment grade at Standard & Poor’s, the…
S&P Cuts Egypt’s Sovereign Credit Rating To ‘C’
Standard & Poor's said on Thursday it lowered Egypt's sovereign credit rating to 'C' from 'B' with a stable…
Misr Insurance Renews Policies Of National Navigation, Petroleum Marine Services
Misr Insurance Company (Non-life) has renewed the insurance policies covering the maritime fleets of the National…
Munich Re Starts Financial Year 2013 With Quarterly Profit Of €979 Mln
The first three months of 2013 went very well for Munich Re Group-wide. Thus Munich Re posted a consolidated…