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Financial Institutions
Iraq starts roadshow Thursday for international bond
Iraq's government will start an investor roadshow Thursday for its first international bond issue in nine years,…
Mega projects are one avenue to boost growth in Egypt: Standard and Poor’s
In an interview with Daily New Egypt, Director of Sovereign and International Public Finance Ratings at Standard…
Minister: Egypt to return to international bond market in H1 2016
Egypt is to return to the international bond market in the first half of 2016, the country's finance minister said…
Tokio Marine Egypt opens new branch in Ismailia
Tokio Marine Egypt General Takaful has recently inaugurated a new branch in Ismailia governorate, situated on the…
Fed should not rush its rate rise decision: IMF’s Lagarde
The U.S. Federal Reserve should not rush its decision to raise interest rates and should move only when it is…
AXA’s Egypt portfolio to hit 1.5bn Egyptian pounds in 3 years
French AXA Insurance Company is to invest some one billion Egyptian pounds (US$127.7 million) in their first year…
Moody’s: Eni gas find to alleviate Egypt’s BoP pressures
Italian energy giant Eni’s discovery of a large offshore natural gas field in the eastern Mediterranean off the…
IMF: Egypt’s ‘supergiant’ gas discovery to improve its energy position
Egypt’s supergiant natural gas discovery has the potential to improve its energy position and will contribute more…
IMF: ‘Bumpy’ road ahead for emerging economies
The world’s lender of last resort, the International Monetary Fund (IMF), has said up-and-coming nations must do…
IMF’s Lagarde warns of spillover risks from recent volatility
Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next,…