Browsing Category
Money
‘Insurance Firms To Resume Work After Deal Reached With Police’
The Kingdom's insurance firms will resume work on Thursday after an agreement put an end to their one-day strike.…
Egyptian Takaful Life Premiums Grew 280% In FY 2011/12
Hisham Abdel Shakour, Managing Director of Egyptian Takaful Company (Life), revealed to Amwal Al Ghad the…
IMF Chief Says Wants To Help Egypt
The head of the International Monetary Fund said on Wednesday the Washington-based institution wanted to support…
EFSA: 176 Complaints Against Insurance Companies, Govt. Funds In March 2012
The Egyptian Financial Supervisory Authority (EFSA) released its quarterly report that revealed that there are…
Egypt Formally Asks International Monetary Fund For $4.8 Billion Loan: Spokesman
Egypt has formally requested a $4.8 billion loan from the International Monetary Fund, a presidential spokesman…
CBE: Currency Issued Rose By EGP 20 Bln In 11 Months
The Central Bank of Egypt (CBE) said the volume of currency issued during the period from the beginning of July…
Securities Held By Banks Registered EGP 538 Bln In May 2012
The portfolios of securities held by banks in Egypt (excluding the Central Bank of Egypt) rose by EGP 63.8 billion…
Delta: Supplemental Car Insurance Profit Hits EGP 800, 000
Ibrahim Labib, deputy head of car insurance committee at Delta insurance company, said the supplemental car…
Foreign Investments In T-Bills Down To Lowest Level In May 2012
Foreign Investments in treasury bills issued by the Central Bank of Egypt (CBE) retreated to EGP 755 million at the…
CBE: Domestic Credit Up To EGP 1.05 Trillion In May 2012
The domestic credit in Egypt rose by 18.1% during 11 months, registering EGP 1.05 trillion last May, up from EGP…