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Financial Institutions
Buba Global names Sheldon Kenton new managing director
Bupa Global, the international health insurance arm of Bupa, announced Wednesday that it has named Sheldon Kenton…
EU earmarks €50 million for Egypt women rights, socio-economic projects
The European Union announced Monday a new assistance package worth €50 million ($55.8 million) targeting the…
Egypt expects eurobond yield of 6-6.5% by end of October: Deputy finMin
Egypt expects its dollar-denominated Eurobond issuance to bring a yield of 6 to 6.5 percent next October,…
Egypt to issue international bonds in October or November
Egypt will issue international bonds in October or November, the Deputy Finance Minister for Treasury Mohamed…
Egypt expects first tranche of IMF $12 billion loan before year-end: official
Egypt expects to receive the first $2.5 billion tranche of a $12 billion International Monetary Fund loan before…
FinMin to offer t-bonds worth 2.25 bln Egyptian pounds today
Egypt’s Ministry of Finance is issuing Monday treasury bonds worth 2.25 billion Egyptian pounds ($253.4 million),…
Egypt in talks over $2 bln financing from China
Egypt is in talks with China to secure $2 billion in financing, Deputy Finance Minister Ahmed Kojak announced,…
IMF sees “productive” talks on Egypt loans with Saudi Arabia, China
The International Monetary Fund (IMF) said Thursday it has held "very productive discussions" with authorities in…
IMF’s board approves $1 billion loan disbursement to Ukraine
The International Monetary Fund (IMF) said its board Wednesday approved a long-awaited loan disbursement to Ukraine…
Three insurers bidding for West Cairo power station insurance policy
Three insurers so far in Egypt are bidding to win a new insurance policy for West Cairo power station, sources with…