Mega projects are one avenue to boost growth in Egypt: Standard and Poor’s
In an interview with Daily New Egypt, Director of Sovereign and International Public Finance Ratings at Standard…
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Tokio Marine Egypt opens new branch in Ismailia
Tokio Marine Egypt General Takaful has recently inaugurated a new branch in Ismailia governorate, situated on the…
IMF: ‘Bumpy’ road ahead for emerging economies
The world’s lender of last resort, the International Monetary Fund (IMF), has said up-and-coming nations must do…
IMF’s Lagarde says restructuring should suffice for Greek debt
A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt…
Direct foreign investments in Egypt hit $6bn in nine months
The volume of net direct foreign investments in Egypt hits US$5.7 billion in the first nine months of fiscal year…
Fed says rate hike next month hinges on market volatility
The Federal Reserve on Friday left the door open to a September interest rate hike even while several U.S. central…
Misr Insurance Holding: Affiliates’ net profits hit 1.4bn Egyptian pounds in year
Egypt's state-owned Misr Insurance Holding Company (MIHC) announced Tuesday that affiliates have posted a net…
Duet-CI Capital assigns Amr Helal to head Egypt Opportunities Fund
Duet-CI Capital said it had hired Amr Helal to head its $300-million private equity fund for investing in Egyptian…
Allianz Egypt to reveal business results and strategies this August 26
Leading insurer Allianz Egypt is to hold its annual press conference on August 26 this year to discuss its…
Global Lease in talks over $102m loan with 8 Banks
The newly-launched Global Lease Company is negotiating with eight banks for funds worth 800 million Egyptian pounds…