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Financial Institutions
Top IMF Official To Visit Egypt For Talks On Economy
A senior official from the International Monetary Fund will visit Cairo starting on Sunday for talks with the…
Egypt Planning Minister Heads To Turkey Over Funding Govt’s Ventures
The Egyptian Minister of Planning and International Cooperation, Dr Ashraf Al Araby, headed this morning to Turkey,…
Allianz Achieves Strong Results In 2012
Allianz Group reported strong results for the financial year 2012. Revenues reached 106.4 billion euros for the…
SFD Targets To Increase Industrial Finances By 25% In 2013
The Social Fund for Development (SFD) has a strategy that focuses on financing small and medium-sized enterprises…
International Finance Corporation Finances Egyptian Projects With US$ 400 Mln
International Finance Corporation (IFC) is offering from US$ 300 million to US$ 400 million to projects in Egypt…
Munich Re Optimistic For 2013 – Profit Guidance Of Close To €3 Bln
Following the pleasing result for 2012, Munich Re is aiming for a profit of close to €3bn for the current year.…
Standard & Poor’s Rating Services Reaffirms Its AA Stable Rating For Dhaman
Dhaman's Director-General, Mr. Fahad Al-Ibrahim, stated that "Dhaman maintained a high rating, and has continued to…
Shaker Riad & Sons Assigns Allianz To Insure Printing Factory
Shaker Riad & Sons Insurance Brokers has assigned Allianz Egypt Company to insure a printing plant for a year,…
Qena Cement Seeks Insurance Coverage For EGP 2 Bln
Insurance Companies are competing in a bid to insure Qena Cement’s assets and possessions, sources said. The…
Egypt Will Not Sign “Emergency” IMF loan – Cabinet
Egypt will not sign any "emergency" loan with the International Monetary Fund and any loan agreement will be within…