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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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…
Egyptian Pound Stabilises Against The Dollar At 7.04 Despite Massive Protests
The Egyptian pound stabilised against the US dollar at 7.04 for two days on the official market, despite massive…
Experts: Poor to Bear Burden of Egypt’s IMF Loan
Experts warn any IMF loan package to Egypt will have dangerous long-term effects on the country’s most…
Americans Wonder: Should We Stop Funding Nations Led by Muslim Brotherhood?
Yes: Weapons sent to Muslim leaders will someday kill Americans; No: Financial aid gives U.S. leverage with…
Hazem El-Beblawy : Morsi’s Overall Economic Performance was Weak
In the year since Mohamed Morsi’s inauguration as president, the country has been snowed over with countless…
Egypt Political Crisis Sends Cost of Debt Insurance Soaring – FT
Egyptian financial markets have been rattled by a deepening political crisis in the pivotal Arab state, sending the…
Shipping Firms Brace For Suez Disruption As Egypt Turmoil Mounts
Cash-strapped Egypt government expected to implement revenue-raising measures before end of year, dealing further…
No Agreement Between IMF and Egypt – IMF Official
The International Monetary Fund does not yet have an agreement with Egypt on providing financial support to the…
Schumer: Insurance Companies Withdrawing From L.I. Market after Sandy; Seeks Fed Action
Recent policy cancellations in the homeowners insurance market on Long Island have been on the rise over the past…
SFD Pumped EGP 620 Mln to Finance 52600 Projects
Social Fund for Development (SFD) pumped EGP 620 million as funding for 52600 micro-enterprises in the first…
SFD Finances 2600 Projects With EGP 277 Mln
The Social Fund for Development (SFD) financed the industrial and commercial sectors with EGP 277 million in the…
Delta Life Expects EGP125 Mln Premiums Volume by June
Ayman El-Alfy, general manager of Delta Life Insurance Company, said the expected volume of the installments…
Misr Insurance Captured Policy of New Cairo’s Water Plant At EGP1.3 Bln
Misr Life Insurance Company succeeded to get the insurance policy of the water purification plant at New Cairo,…
SCLI To Open New Branch in Mansourah
Ahmed Shoukry, Managing Director at Suez Canal Life Insurance (SCLI), said that his company intends during the…
SCLI To Open New Branch in Mansourah
Ahmed Shoukry, Managing Director at Suez Canal Life Insurance (SCLI), said that his company intends during the…
Egypt’s Finance Report: GDP Hit 2.2% In Q2 Of 2012-13FY
The Gross Domestic Product (GDP) achieved remarkable improvement for Egypt, although the rates are…
Egypt Confident On IMF Deal, Timing Of Next Visit Unsure: Minister
Egypt's new planning minister said on Saturday he was confident the country would reach a deal with the…
Egypt Cut To Record Low At S&P On Increased Financing Pressure
Egypt’s long-term credit rating was cut to seven levels below investment grade at Standard & Poor’s, the…
Egypt’s Planning: No Negotiations On Increasing IMF’s Loan To $5.6 bln
Dr Ashraf Al Araby, Egyptian Minister of Planning and International Cooperation, confirmed that the Egyptian…
Reaching Final Agreement With IMF Is Imminent: Planning Minister Says
Dr Ashraf Al Araby, Egyptian Minister of Planning and International Cooperation, said the negotiations with the…
World’s Takaful Leaders to Discuss Strategies for Sustaining Growth, Boosting…
More than 400 international Islamic insurance industry leaders from the Middle East, South East Asia, Africa and…
Egypt’s Planning, UBIFRANCE To Sign Sunday New Finance Agreement
Dr Ashraf Al Araby, Egyptian Minister of Planning and International Cooperation, will hold on Sunday a press…
ECA Meets US Embassy’s Officials To Fight Tax Evasion
The Egyptian Customs Authority (ECA) will have a meeting today with some officials from the US embassy to Cairo to…
Egypt Planning Minister Heads To Turkey Over Funding Govt’s Ventures
The Egyptian Minister of Planning and International Cooperation, Dr Ashraf Al Araby, headed this morning to Turkey,…
Egypt Hits Problems Over IMF Loan
Egypt's efforts to secure a critical $4.8bn loan from the International Monetary Fund have run into fresh…
Bahrain Kuwait Insurance Company Wins The (MEIF) Institutional Excellence Award 2013
Major achievements, innovations and excellence in the regional insurance industry were recognized at the 9th Annual…
Middle East Insurers Must Rethink Strategies to Boost Profitability, Sustain Long-term…
The 9th Annual Middle East Insurance Forum (MEIF 2013) brought together more than 500 key regulators and industry…
9th Annual Middle East Insurance Forum 2013 to begin on February 4th in the Kingdom of…
The region’s largest and most influential annual gathering of insurance industry leaders set to gather more than…
CEFRS Holds Workshop On How To Evaluate SMEs
Center for Economic & Financial Research &Studies (CEFRS) in cooperation with Social Fund for Development…
Middle East Insurance Industry Must Shift Strategic Focus
The 9th Annual Middle East Insurance Forum (MEIF 2013) to Discuss Key Strategies for Maintaining Growth Momentum…
Nagwa Khalil Considers New Changes in The Ministry
Dr. Nagwa Khalil, Minister of Insurance and Social Affairs, is considering new changes in the ministry's…