CFO of Swiss Insurer Killed Himself: Police
Zurich Insurance chief financial officer Pierre Wauthier, who was found dead at his home on Monday, probably…
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Financial Institutions
Arope Insurance Egypt Names Reda Fathy New COO – Sources
Arope Insurance Egypt has named Mr. Reda Fathy the new Chief Operation Officer, in place of Youssef Ghaly,…
U.S. Treasury to Hit Debt Limit in Mid-October
The Treasury Department said it would hit its borrowing limit in mid-October and be unable to pay all of its bills…
Egypt’s Finance Says T-Bills Worth EGP 5.5 Bln Sold
Egypt's Finance Ministry has sold 182-357 day treasury bills totaled at EGP 5.5 billion. The Ministry has…
El-Beblawi: IMF Chief’s Remarks Acknowledge Egypt’s Needs
Prime Minister Hazem El-Beblawi said that comments by International Monetary Fund Managing Director Christine…
Lagarde to Bloomberg: ‘Crossing Fingers’ for the Euro Zone
IMF Managing Director Christine Lagarde spoke with Bloomberg Television’s Sara Eisen in Jackson Hole, WY today,…
Lagarde: Stability Needed in Egypt to Resume IMF Talks
Director General of the International Monetary Fund (IMF) Christine Lagarde said on Friday that the conditions in…
SFD Says Total Loans Offered to SMEs Hit EGP1.2 bln by June-End
The Social Fund for Development (SFD)’s total loans offered to the Small and Medium-sized Enterprises (SMEs) have…
EU to Suspend Export of Military Equipment to Egypt
EU member states have announced they will suspend the export of military equipment to Egypt following a violent…
Egypt Debt Insurance Costs Hit 6-Week Highs – Markit
Egypt's debt insurance costs rose sharply on Thursday following nationwide violence in the previous day after…