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Money
Egypt’s Iskan wins Sheraton Tirana Hotel insurance policy bid
Egypt’s Iskan Insurance Company has won a property insurance policy tender launched by Sheraton Tirana Hotel in…
National Bank of Egypt H1 net profit grows 4%
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) reported Thursday a 4 percent rise in its net…
Greece on track to reach a deal with creditors within 3 weeks: IMF official
The biggest guarantee that Greece and its creditors will finally reach an agreement on its debt burden is the…
Federation of Egypt Banks earmarks 100 mln pounds for slum scheme – Phase II
The Federation of Egyptian Banks is allocating 100 million Egyptian pounds ($5.5 million) for the second phase…
GIG-Egypt wins Petrojet’s insurance policy tender
Arab Misr Insurance Group – GIG has won for the second time in a row a tender to provide property insurance cover…
World Bank delegation to visit Egypt in first week of June
A delegation from the World Bank Group will visit Egypt in the first week of June, Egyptian Minister of Investment…
Egypt to have share in China led AIIB’s $10-15 billion annual financing: official
The Asian Infrastructure Investment Bank (AIIB) will lend between $10 billion and $15 billion annually to finance…
Egypt raising $3 billion in bumper Eurobond sale
Egypt raised Wednesday $3 billion in a Eurobond sale, about twice as much as targeted and at lower cost than when…
Egypt negotiating $500 mln Upper Egypt development loan from World Bank
Egypt is negotiating a $500 million loan from the World Bank to finance development schemes in Upper Egypt region.…
Egypt to sell more five-, 10- and 30-year Eurobonds: official
Egypt is tapping international debt markets on Wednesday for the second time in just five months, a finance…