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Financial Institutions
National Fund Management: AUM Surged to EGP16 billion
Egypt-based National Fund Management Company (Al-Ahly) - NFMC registered total assets under management of 16…
EU Total Finances and Grants to Egypt are worth €18.9 billion
The European Union’s total volume of grants and finances to Egypt has reached €18.9 billion in the last 19 years,…
Egypt’s Social Solidarity, SFD Ink Protocol to Develop 164 Social Units
Minister of Social Solidarity Ghada Waly signed cooperation protocol with Social Fund for Development (SFD) today…
In Egypt, Private Insurance Funds’ Total Assets Record EGP44bn
In Egypt, the total assets of the private insurance funds currently stand at EGP 44 billion, said head of the…
S&P Doubts Japan Government Will Have Detailed Fiscal Consolidation Plan
Standard & Poor's on Tuesday cast doubt on Prime Minister Shinzo Abe's ability to repair Japan's tattered…
Misr Life Insurance Attained EGP253mn Net Profits in 2013
Misr Life Insurance Company attained EGP253.8 million net profits at the end of last June in compared to EGP70.9…
Misr Insurance Holding Announces Board Reshuffle for Affiliates
Egypt's Misr Insurance Holding Company is undergoing a board reshuffling for its affiliates, Misr Life Insurance,…
Egypt Tenders EGP1.7bn Insurance Policy for West Damietta Power Plant Project
Insurers in Egypt are competing to win an insurance policy for the second phase of West Damietta Power Plant…
Egypt Needs More Flexible Exchange Rate – IMF
Egypt would benefit from a more flexible currency regime that would help the country attract investment and…
Suez Canal Insurance Preps for EGP50mn Initial Cap. Mutual Fund
Suez Canal Insurance Company is planning to launch a new equity mutual fund in the coming period, said managing…