IFC Sees up to $1 Trillion Climate-Related Investment Potential in EMENA
The International Finance Corporation (IFC), a member of the World Bank Group, today published proprietary research…
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Financial Institutions
Egyptian Finance Sells EGP3bln T-Bonds
Egyptian Finance Ministry has succeeded to sell 3-and-7 year treasury bonds worth EGP3billion. Throughout its…
Orient Takaful Insurance Opens Fresh Branch in Alexandria
Mr. Mohamed Moustafa Abdel Rasoul - CEO of Arab Orient Takaful Insurance, has stated that his company is planning…
Gras Savoye Eyes EGP3mln Insurance Premiums for Jordan Branch by 2014
Hamed Mabrouk, managing director of Gras Savoye Insurance Brokerage Company, said his company is aiming to record…
GIG Insurance Pays EGP39.2mln Compensations Within 3 Months
Tarek Gamal, general manager of benefits department at Arab Misr Insurance Group GIG, said the total paid…
Egypt, IMF Delegation Discuss Applying VAT
Finance Minister Ahmed Galal held a meeting on Wednesday with the delegation of International Monetary Fund (IMF),…
Egypt FinMin Plans to Borrow EGP63 bln from Banks by Nov
The Egyptian Finance Ministry is planning to borrow EGP 63 billion from the banks and the domestic market through…
Egypt FinMin is Raising EGP6.5 T-bills Today
Egypt’s finance ministry will be offering today 182- and 364-day treasury bills worth EGP 6.5 billion. Egyptian…
IMF in Egypt for First Time Since 30 June
In its first visit to Egypt since 30 June uprising, an International Monetary Fund (IMF) delegation met with…
James Moran: Egypt-IMF Loan Deal to Unlock EU Aid
Ambassador James Moran - Head of Delegation of the European Union to Egypt - said the EU’s aid package to Egypt…