Browsing Category
Financial Institutions
Egypt To Sign $3.2 Bln IMF Loan By June: Momtaz El-Saeed
Egypt expects to sign a $3.2 billion loan with the International Monetary Fund around the beginning of June, said…
Delta Insurance’s Premiums Raise 19%
Delta Insurance Company posted premiums of EGP 337 million in March 13th 2012, up from EGP 283 million for the same…
Egypt Signs $100 Mln Debt Swap Deal With Italy
Egypt signed an agreement with the Italian government to swap a third tranche of debts worth $100 million. Faiza…
Allianz Is Confident About The Egyptian Market: Udo Krüger
Allianz Insurance Egypt targets to expand in the Egyptian insurance market through getting license to conduct…
Bee Deals With AMIG Over Home Protection Insurance Policy
Arab Misr Insurance Group (AMIG) signed a deal with Bee Smart payment Solutions to offer home protection insurance…
Moody’s Lowers Jafza Outlook To Negative
Moody's Investors Service has changed the outlook for the Corporate Family (CFR) and Probability of Default Rating…
Abu Dhabi Investment Fund Mubadala Spends $5.5bn
The Abu Dhabi government's investment vehicle, Mubadala expects to spend about Dhs20.1bn ($5.47bn) this year, as it…
IMF: Lebanon Needs More Work To Reduce Debts
The International Monetary Fund (IMF) has said Lebanon has not made much-needed efforts to reduce the country's…
S&P: GCC Insurers Depend On Health Insurance
Regulatory change has favored health insurance, making it one of the main engines of revenue growth for the…
Allianz CEO: Europe Stimulus Programs May Widen Deficit
Programs to spur the economy in euro zone debtor countries are risky if they are financed through more deficit…