Browsing Category
Financial Institutions
UNB-Egypt Receives EFSA Approval to Start Rights Issue Phase II August 25
Egypt's financial regulator, Egyptian Financial Supervisory Authority (EFSA), granted Union National Bank Egypt…
Egypt Investor Confidence Rises on Suez Canal Project; Says Beltone
Beltone Financial said its Egypt Investor Confidence Index rose last week by 1.7% from 70.1 points to 71.3 points,…
Gras Savoye Egypt Deters Expansion Plans in Libya amid Ongoing Conflict
Gras Savoye Egypt – Insurance Broker has decided to postpone its expansion plan to the conflict-torn Libya,…
Egyptian Takaful Insurance ‘Property’ Attains EGP25mn Profits in 6 Months
Egyptian Takaful Insurance Property's profits increased by 47.9% to become EGP25 million at the end of June 2014 in…
A.M. Best to Participate in 30th GAIF Conference in Sharm Sheikh
A.M. Best, the world's oldest and most authoritative insurance rating and information source, will participate in…
Egypt’s Ezz Steel Sees 94% y-o-y Net Profit Drop in Q1
Egypt's top steel manufacturer Ezz Steel announced consolidated net loss of EGP20.2 million in the first quarter of…
Metropolitan Egypt Inks Finance worth EGP9mn for Unlimited Tours
Metropolitan Consulting S.A.E signed EGP9 million finance for Unlimited tours firm. Dr. Khaled Nagaty – the CEO of…
Suez Canal Insurance Achieves EGP35.8mn Net Profits at June-2014
Suez Canal Insurance Company attained EGP35.828 million net profits at the end of the last fiscal year 2013/2014…
Egypt Rebuts News on Resuming Loan Talks with IMF
Egypt’s Finance Minister Hani Qadry Dimian has negated media reports about intentions to resume talks with the…
Egypt Seizes 45% of IFC’s Total MENA Funding in 2013
The Middle East and North Africa region received $2.5 billion in funding from the International Finance Corporation…