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Financial Institutions
MetLife increases Quarterly Dividend
MetLife Inc. said its board raised the life insurer's quarterly dividend by 7.1 percent, marking the third year in…
Delta Life wins ADES’ EGP326 million Insurance Policy
Egypt’s Delta Life Insurance has won an insurance policy for the employees of Advance Energy Systems (ADES Group),…
SFD Egypt, UAE Khalifa Fund in talks over staging SME Exhibition in Sharjah
Egypt’s Social Fund for Development (SFD) may coopearte with UAE’s Khalifa Fund for Enterprise Development in…
IMF completes 6th Review under the SBA for Jordan
The Executive Board of the International Monetary Fund (IMF) has completed on Friday the sixth review of Jordan’s…
SFD signs EGP20-million Contracts with two Leading Finance Leasing Firms in Egypt
Egypt’s Social Fund for Development (SFD) has signed Thursday contracts worth 20 million Egyptian pounds (US$2.6…
Allianz Says To Keep Pimco As Outflows Continue: Manager Magazin
German insurer Allianz (ALVG.DE) rejected the suggestion that it split off or sell its Pimco asset management unit,…
IMF Mission says Egypt has ‘Good’ Plan to reduce Budget Deficit
Egypt has a good plan to reduce the budget deficit that should be carried out in parallel with working on boosting…
IMF signs MoU to boost Cooperation with Arab Monetary Fund
The International Monetary Fund (IMF) and the Arab Monetary Fund (AMF) signed today in Washington a Memorandum of…
OPEC Fund secures $27 million Loan for Egypt
Egypt has signed on Friday a loan worth US$27 million with the OPEC Fund for International Development (OFID) to…
Greece asked IMF to postpone Debt Repayment: report
Greek officials have quietly approached the International Monetary Fund (IMF) to ask for deadlines for loan…