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Financial Institutions
Egypt Denies Reports about New Talks with IMF
Egypt's Finance Ministry has rebutted recent reports about resuming negotiations with the International Monetary…
SFD Egypt Launches EGP50 million Labour Intensive Employment Programme
Egypt's Social Fund for Development (SFD) launched an initiative for the Labour Intensive Employment throughout 10…
Egypt Cabinet Endorses EGP3 bln Estimated Budget for SFD in 2014
Egypt's cabinet endorsed on Saturday the Social Fund for Development (SFD)'s estimated budget for the year of 2014,…
Enaya Health Insurance-Egypt Surges its Capital to EGP10mln
Enaya Health Insurance Company approved pumping EGP1.5million increase in the company's capital within a last few…
EFG-Hermes to Run Egyptian Saudi Insurance House’s First Mutual Fund
Egypt's largest investment bank, EFG-Hermes will run the first mutual fund launched by the Egyptian Saudi Insurance…
Gulf Aid Had Positive Effect Reducing Egypt’s Budget Deficit to 11%
Hany Qadry, Finance Minister, stated the situation in Egypt must be managed as an opportunity to move forward…
Misr Life Insurance Attains EGP1.8billion Direct Premiums in 10 Months
Misr Life Insurance attained EGP1.835billion direct premiums within the first 10 months of the fiscal year of…
Gras Savoye Egypt Eyes Expansions to Kuwait, Yemen Markets
Insurance broker Gras Savoye – Egypt plans to inaugurate new branches in Kuwait and Yemen within the upcoming…
C.Bank Sells EGP5.5bln T-Bills Today
On behalf of the Egyptian Finance Ministry, Central bank succeeded today in selling 91-and -273day with…
EFSA: EGP1.4bln total Investments of Insurance Funds at March-End
A report issued by Egyptian Financial Supervisory Authority (EFSA) revealed that technical inspection departments…