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Financial Institutions
CIS Pays EGP15mn from Loan’s Value of SFD, Misr Insurance Holding
Managing Director of Cooperative Insurance Society (CIS) Refky Lotfy Rashed revealed that his society paid…
Egypt Cuts Bond Sale as Investors Drive Yields to 1-Year High
Egypt issued less than a fifth of the debt it planned to sell as investors’ demand for yield raised borrowing costs…
Misr Insurance Registered EGP3.9bln Premiums in FY13/14
Misr General Insurance and Property Company attained EGP3.953 billion direct insurance premiums within the fiscal…
Arab Misr Insurance GIG Eyes EGP410mn Premiums in FY14/15
Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy eyes attaining EGP410 million premiums…
Misr Insurance Holding Pledges EGP25mn for ‘Long Live Egypt’ Fund
Egypt's Misr Insurance Holding Company and its subsidiaries will contribute EGP 25 million to 'Long Live Egypt'…
Raising Rates Will Negatively Impact An Already Weak Economic Growth: Beltone
Beltone Financial Research unit stated, in a recent report, that the Monetary Policy Committee (MPC) of hiking…
Egyptian Takaful Insurance – Properties: Investments 30% up in FY2013/14
Egyptian Takaful Insurance – Properties has registered a 30% rise in its portfolio of investments, totalling EGP…
Sisi’s Government to Borrow EGP5.5 billion from Local Bank Sunday
Egyptian Ministry of Finance will launch Sunday new short term Treasury bills (T-bills) worth 5.5 billion Egyptian…
UN Women, SFD Secure EGP2.65mn for Egyptian Women in Sharkeya
As pursuant to its partnership with UN Women, Egypt's Social Fund for Development will provide EGP 2.65 million…
Egyptian Takaful Insurance ‘Property’ Attains EGP318.5mn Premiums in June
Deputy Managing Director of the Egyptian Takaful Insurance Company (Property) Mr. Ahmed Morsy said his company…