IFC chief executive to pay his first Egypt visit on December 14th
Philippe Le Houérou, chief executive of the International Finance Corporation (IFC), the private sector arm of…
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financial institutions news
Turmoil Likely To Mean Egypt Will Miss Crucial $4.8b Loan From IMF
Egypt's descent into even deeper political turmoil will almost certainly put a multibillion-dollar international…
KSA To Lend $500 Million To Egypt
According to an official at the Ministry of Planning and International Cooperation, Saudi Arabia has approved to…
Uncertain Future Economic Problems in Egypt
Politically, Egypt has embarked on a new path. Economically, little is likely to change; the country's problems are…
S&P Raises Triglav Rating, Affirms Sava Re
Rating agency Standard & Poor's has upgraded the long-term rating of insurance group Triglav by one notch, to…
Egypt’s FinMin to Auction EGP 6 Bln T-Bills
Egypt’s Ministry of Finance is offering tomorrow 91- and 266-day treasury bills worth at EGP 7 billion.Ministry of…
Al-Sharq Brokerage Entrusts EGP 33Mln Arabiata’s Policy to Misr Insurance
Al Husseini Abdel Aziz, Managing Director of Al-Sharq Brokerage Company, has revealed that Al-Sharq successively…
Egyptian President’s Ouster Likely Delays IMF Bailout Money For Now
The deposing of Egyptian President Mohammed Morsi by the military Wednesday likely freezes any chance for an…
IMF ‘Closely Following’ Egypt Political Developments
With no deal reached and Egypt seemingly on the brink of major political change, the fate of a long-sought $4.8…
Qatar Insurance Industry Valued At $1.3bn In 2012, Says Report
Driven by Qatar’s economic development and rising population, the country’s insurance industry expanded at an…
