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Financial Institutions
Egypt issues $4 bln in private bond placement, considers Eurobond delay
Egypt said Thursday it had issued $4 billion in international bonds in a private placement in a step towards…
As IMF deal nears, Egypt secures $2 billion in financing
Egypt has secured $2 billion in financing from international banks, a day before the International Monetary Fund’s…
HC Securities: AUMs rose to 4 billion Egyptian pounds in Q3
Egypt-based investment bank, HC Securities and Investment’s total assets under management have reached around 4…
Egypt expects to sign IMF deal before November 11; says CIB chairman
The International Monetary Fund will give its final approval on Egypt’s $12 billion lending programme before…
IMF’s Lagarde calls Egypt currency devaluation a “welcome move”
International Monetary Fund managing director Christine Lagarde has called on Thursday Egypt's historic currency…
Cairo hopes to finalise IMF loan deal in days – c.bank chief
Egypt hopes to finalise a $12 billion IMF loan programme within days as it has secured pledges worth $16.3 billion…
Egypt’s currency float move to spur foreign investments: market regulator
Egypt’s move to freely float the local pound will contribute to support and boost non-banking financial activities,…
IMF welcomes Egypt’s currency float move
The International Monetary Fund (IMF) has welcomed Egypt's decision to float its pound currency, it said in a…
AXA hopes Egypt to seize 20% of its Mideast, Africa businesses by 2020
French insurance group AXA hopes its Egyptian arm would seize 20 percent of the group’s total business in Africa…
IMF expects board to consider Egypt $12 billion loan within weeks
The International Monetary Fund announced Thursday that a $12 billion loan programme for Egypt should soon be ready…