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Money
IMF seen delivering Egypt second tranche of $12 bln in second half of June
Egypt expects to receive the second tranche of its loan from the International Monetary Fund within the second half…
Egypt sees new international bond offering end May or early June
Egypt is planning to issue new international bonds at the end of May or start of June, the country’s Minister of…
Morocco’s Attijariwafa Bank to unveil work plan in Egypt today
Morocco’s Attijariwafa Bank will announce on Sunday the details of the acquisition deal of Barclays-Egypt, as well…
Egyptian Life Takaful seeks S&P, A. M. Best credit ratings for 2017
The Egyptian Life Takaful Company – GIG says it is seeking a new credit rating from the global credit rating…
Morocco’s Attijariwafa Bank completes acquisition of Barclays Egypt unit
Morocco's Attijariwafa Bank announced Wednesday it completed the acquisition of 100 percent of Barclays’ retail and…
AXA Life Egypt wins a major investment bank’s insurance policy tender
AXA Life Insurance Egypt, part of French AXA Insurance Group, has won an insurance policy tender launched by one of…
World Bank’s support to refugee host countries is up to three standards
The World Bank will continue its plan to support the countries hosting Syrian refugees to help relieve the burdens…
IMF to disburse another $1.2 bln loan to Egypt in six weeks ahead of review
The International Monetary Fund will disburse another $1.2 billion to Egypt out of its $12 billion loan within six…
World community is keen to support Egypt’s reforms: World Bank official
The international community is keen to support Egypt’s economic reform experience and its ongoing economic…
IMF: Egypt must use all tools to alleviate economic reform burdens
Egyptian government must use all the tools necessary to relieve the cost of economic reform, whether those tools…