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Money
Focus Economics sees Egypt inflation to average 22.3% in 2017
In its consensus forecast for the Middle East and North Africa region for April, Focus Economics participants…
Misr Insurance’s 2016 investments in Egypt bourse rose 212%
Misr Insurance Company’s investments in the Egyptian stock exchange rose 212 percent to record 5.3 billion Egyptian…
Gold holdings in Egypt’s foreign reserves hit $2.621 billion in March
Egypt’s gold holdings recorded around $2.621 billion of foreign reserves, almost 47.1 billion Egyptian pounds, at…
Arab Investment Bank signs protocol to offer banking services in SCZone
Egypt’s state-run Arab Investment Bank (AIBK) has signed Thursday a cooperation protocol with the Suez Canal…
Lagarde: IMF working with Egypt to help control inflation
The International Monetary Fund (IMF) is working with Egypt to help bring inflation under control, managing…
Mohamed Taymour, father of investment banking in Egypt dies at 75
Egypt’s close-knit finance community has mourned Wednesday the death of one of its founding fathers after Mohamed…
Egypt’s Naeem reaches $500 million in assets under management in 2016
Cairo-based investment house, Naeem Holding reached $500 million in assets under management at the end of 2016,…
Banque Misr in talks with EIB, Afreximbank for $700 million funding
Banque Misr, Egypt’s second largest state lender, is negotiating a $700 million loan from the European Investment…
World Bank delegation to visit Egypt in ‘few weeks’: minister
A senior delegation from the World Bank will be visiting Egypt in the coming few weeks to follow up its projects,…
Iskan wins Cairo’s cruising restaurant Nile Maxim medical insurance tender
Egypt’s Iskan Insurance Company has won a tender to provide a medical insurance cover designated for the employees…