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Financial Institutions
3 insurers vying to win policy bid for Egyptian copper works’ assets
Three insurance firms plan to win an insurance policy bid of 560 million Egyptian pounds ($32.4 million) to cover…
Misr Insurance posts $318.7 mln premiums in H1-FY2018/19
Egypt’s state-run Misr Insurance succeeded in achieving premiums of 5.5 billion Egyptian pounds ($318.7 million)…
Egypt’s new budget cuts fuel subsidies 40% in FY20: FinMin
A finance ministry report on Egypt’s new budget (2019/20) showed that fuel subsidies will be reduced by 36.112…
Egyptian insurers’ capitals up 14.4% in FY2018
Egyptian insurance firms’ capitals increased 14.4 percent to 9.5 billion Egyptian pounds ($549.8 million) during…
Egypt postpones non-eurobond issuances into FY2019-2020:Maait
Egypt will not issue yen- and yuan- denominated bonds (also known as Samurai and Panda bonds) — or green bonds or…
Trade tensions to cloud over economic expected pickup next year: IMF Kganyagom
"While we expect to see a pickup next year, trade tensions, geopolitical risks, political instability are among…
Accountability, transparency key factors for central banks to deliver their mandates:…
Accountability, transparency and effective communication were key components for central banks to be credible in…
Economic growth projected to solidify in 2020, risk remains tilted to downside: IMFC
Global economic growth is projected to firm up in 2020, but risks remain tilted to the downside, according to a…
Egyptian private sector’s plans remarkably developed: Azour
There are remarkable development Egyptian private sector's plans in investment after the state success in…
Egypt ambassador to U.S. welcomes IMF/World Bank event delegates
Egyptian ambassador to Washington Yasser Reda hosts on Friday a gala dinner at the embassy in honour of the…