Borrowing or Selling Assets: A Cycle That Risks Repeating the Crisis
There is little space left for incremental policy responses. The familiar toolkit—borrowing or selling state…
Browsing Tag
assets
Egypt’s Deputy Health Minister follows up on ministry website development
Egypt’s Deputy Minister of Health Mohamed El-Tayeb held a meeting to follow up on the progress of the ministry's…
Egypt’s c.bank assets hike by 50% in one year
The Central Bank of Egypt (CBE) assets represent an increase of 1.494 trillion Egyptian pounds or 50 percent in one…
EFG Holding offers EGP 3bln securitisation bonds before year-end
Egypt’s EFG Holding is jointly offering securitisation bonds of up to 3 billion pounds before the end of 2023…
CIB Egypt bank earns EGP 8bln in Q2
The Commercial International Bank (CIB-Egypt) disclosed on Saturday its profits to reach 7.98 billion Egyptian…
Egypt’s Banque du Caire nine-month pre-tax profit grows 11% y-o-y
Egypt’s third largest public state-lender, Banque du Caire (BdC) reported on Monday a 11 percent year-on-year…
Egypt banks’ assets up 11.5% in four months
The total assets of the banks in Egypt – excluding the Central Bank of Egypt (CBE) – rose 11.5 percent in the first…
QNB ALAHLI 2021 pretax profit at EGP 10.8 billion
QNB ALAHLI, the Egyptian unit of Qatar National Bank, said on Tuesday year growth its pretax profit for 2021 rose…
Arab African International Bank first-half profit 13.4% up, assets hit $14 billion
Egypt’s Arab African International Bank (AAIB) reported on Saturday over 13 percent year-on-year growth in profit…
Suez Canal Bank: Net profit surges 11% in 2020
Egypt’s Suez Canal Bank reported on Monday an 11 percent year-on-year increase in its net profit after tax to…
Bank Audi Egypt says assets grow 10.6% in 9 months
Bank Audi Egypt, part of Lebanon's Bank Audi, reported on Wednesday a 10.6 percent growth in total assets for the…
Egyptian Mohandes Insurance’s assets climb 5.8% y-o-y June-end
Egyptian Mohandes Insurance’s assets surged 5.8 percent year-on-year to 1.05 billion Egyptian pounds ($66.6…
Egyptian Takaful Insurance’s assets likely to grow to 2.7 bln pounds June-end
Egyptian Takaful Insurance (Property) plans to increase its assets to around 2.7 billion Egyptian pounds ($171.3…
Egypt’s Misr Insurance to cover assets of Port Said Container – sources
Egypt’s Misr Insurance has won an insurance policy tender to cover assets and equipment of the state-owned Port…
Egypt’s Misr Insurance to cover assets of plastics factory in 10th Ramandan City
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover the assets of a polythene and…
4 Egyptian insurers vying to cover Port Said Container’s assets
Four Egyptian insurance companies are competing to win an insurance policy tender to cover assets and equipment of…
Misr Insurance wins mandate to cover assets of refinery using vegetable oils – official
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover the assets and facilities of a…
Egypt’s Port Said Container negotiating with insurers to cover its assets – sources
Egypt’s state-owned Port Said Container and Cargo Handling Co. is negotiating with non-life insurance companies…
Egyptian Delta Insurance’s assets grow 26.7% March-end
Egyptian Delta Insurance’s assets rose 26.7 percent year-on-year to 1.02 billion Egyptian pounds ($63 million) at…
Egypt’s Export Development Bank negotiating with insurers to cover its assets – sources
Egypt’s Export Development Bank is negotiating with non-life insurance companies operating in the country to cover…
GIG-Egypt wins policy bid for Petrojet’s assets – sources
Egypt’s Arab Misr Insurance Group- GIG has won an insurance policy tender to cover the assets of the state-owned…
Three insurers vying to win policy bid for Egyptian bourse’s assets
Three takaful insurance companies are competing to win an insurance policy tender to cover the assets of the…
Egyptian Takaful Insurance’s assets rise 25% March-end
Egyptian Takaful Insurance’s (Property) total assets increased around 25 percent year-on-year to 2.063 billion…
Egyptian Takaful Insurance to cover Orange Egypt’s assets – sources
Egyptian Takaful Insurance has won an insurance policy bid to cover the assets, facilities, and signal transmission…
Egypt’s Petroleum Pipelines launches insurance policy tender for assets – sources
Egypt’s state-owned Petroleum Pipelines Co. (PPC) has launched an insurance policy tender among non-life insurance…
Credit Agricole, insurers in talks to cover assets in Egypt – sources
Credit Agricole, France’s second-largest bank by market capitalisation, is in talks with non-life insurance…
Pharos Energy exits group to buy Shell’s Egypt assets
Pharos Energy said on Tuesday it was withdrawing from a consortium evaluating the acquisition of Shell Egypt NV’s…
Mohandes Insurance’s investments rise to 796mn Egyptian pounds end-2019
Egyptian Mohandes Insurance's total investment portfolio increased to 796 million Egyptian pounds ($50.5 million)…
Egypt’s Petrojet negotiates with insurers to cover assets – sources
Egypt’s state-run Petrojet in talks with non-life insurance companies operating in the country to cover its assets…
Egypt’s TE Data launches insurance policy tender for assets
Egypt’s internet service provider TE Data has launched an insurance policy tender designed to cover its assets,…
Egyptian Takaful Insurance’s investments rise 5.5% end- Sept.
Egyptian Takaful Insurance (Property) posted a 5.5 percent year-on-year growth in investments at the end of last…
Delta Life Assurance’s assets rise to 1.23bn Egyptian pounds June-end
Egyptian Delta Life Assurance’s total assets climbed to 1.23 billion Egyptian pounds ($75.5 million) at the end of…
Misr Insurance wins mandate to cover EgyptAir’s assets – sources
Egypt’s state-run Misr Insurance has won an insurance policy tender to cover EgyptAir’s assets, facilities, and…
Delta Insurance assets rise to 805 mln Egyptian pounds end-June
Assets of Egypt-based Delta Insurance increased to around 805.4 million Egyptian pounds ($49.3 million) at the end…
Metlico assets climb to 173.5 mln Egyptian pounds end-June
Egyptian Misr Emirates Takaful Life Insurance’s (Metlico) assets rose to around 173.5 million Egyptian pounds…
Egyptian Takaful Insurance eyes 29.5% growth in assets end-June 2020
Egyptian Takaful Insurance (Property) targets a 29.5 percent year-on-year surge in assets to 2.14 billion Egyptian…
Egyptian Takaful Insurance’s assets rise 37% June-end
Egyptian Takaful Insurance (Property) posted a 37 percent year-on-year growth in assets at the end of last June,…
Arab banks’ assets moving over $3.5 trillion – official
Banking assets in the Arab world currently exceed $3.5 trillion, equivalent to 140 percent of gross domestic…
Egyptian Mohandes Insurance’s total assets rise 9.7% June-end
Egyptian Mohandes Insurance’s total assets surged 9.7 percent year-on-year to 997.8 million Egyptian pounds ($60.2…
Egyptian Takaful Insurance to cover oil firm Dapetco’s assets – sources
Egyptian Takaful Insurance Co. (Property) has won an insurance policy tender to cover South Dabaa Petroleum’s…