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Financial Institutions
Fitch Says Egypt’s Fuel Price Hikes Positive for Credit Profile
Recently announced fuel price hikes are an important step toward reducing subsidies that contribute to Egypt's…
Arab Misr GIG Plans Marketing Poultry Insurance Policy via PBDAC
CEO - Reinsurance & head of Technical Affairs Department at Arab Misr Insurance GIG Ali Bashandy said his…
‘Friends of Egypt’ Conference Seen Launch early 2015 – Official
An international conference to help Egypt through its economic troubles is expected to begin by early 2015, said…
Misr Life eyes Insurance Policy for Egyptian Military Personnel
Egypt's Misr Life Insurance aims to issue a new insurance policy for the military personnel amid the frequent…
Egypt Government to Borrow EGP5.5 billion Tomorrow
Egyptian Ministry of Finance is set to launch new short term Treasury bills (T-bills) worth 5.5 billion Egyptian…
Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY
Egypt's budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months of the…
Wethaq Takaful Insurance Eyes EGP120mn Premiums in FY14/15
Wethaq Takaful Insurance Company eyes attaining EGP120 million premiums within the current fiscal year of…
Finance Minister: Egypt Targets 5.8% Growth in 3 Years
Egypt is targeting economic growth between 4 and 5.8 % within the next three years while holding the budget deficit…
Arab Insurance GIG May Attain EGP360mn Premiums by 2014-End
Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said the size of premiums which expected…
Misr Insurance Mulls EGP200mn Compensations for Flood-stricken Hotels
Misr Insurance Holding Company is considering paying compensations of flood- stricken hotels in Taba with EGP200…