Egyptian Takaful Property’s Reviews Pumping EGP 50 Mln Paid Capital
Mr. Ahmed Morsy, Deputy Managing Director of the Egyptian Takaful Insurance Company (Property), has revealed that…
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Financial Institutions
Euro Zone Manufacturing Grows for 1st Time in 2 Years in July – PMI
Euro zone manufacturing activity grew for the first time in two years in July as factory output surged,…
Egypt’s Finance to Offer EGP6.5 bln T-bills Tomorrow
Egyptian Finance Ministry said it will be offering tomorrow 182- and 357-day treasury bills worth EGP 6.5…
Egyptian 5-Yr CDS Rise 23 Bps to 782 Bps-Markit
Egyptian debt insurance costs rose on Monday, with five-year credit default swaps jumping 23 basis points from…
Egypt’s Finance Auctions EGP3 bln T-bills Today
Egyptian Finance Ministry said it will be offering on Monday 3- and 7-year treasury bills worth EGP 3 billion.…
Insurance Authority Receives 443 Complaints During H1, 2013
The Insurance Authority, (IA) has succeeded in solving and settling 97.2% of the 443 complaints received from…
Egypt’s T-Bill Yields Dip for 4th Week, Trend Not Seen Sustainable
Egyptian treasury bill yields fell at auction on Sunday for the fourth week running since the army ousted Islamist…
Egypt’s Finance Sells EGP6 Bln T-Bills on Sunday
Egypt’s Finance Ministry said it has sold on Sunday 91- and 273-day treasury bills totaled at EGP 6 billion. The…
Misr Insurance Cites Egypt Stability to Get A.M. Best’s Credit Rating
The leading insurance market in the Middle East Misr Insurance Company (MIC) has finalized 80% of the procedures…
Egypt’s Premier – Washington Ready to Help Egypt Secure IMF Loan
Washington is ready to help Egypt in its attempt to obtain a $4.8 billion loan from the International Monetary Fund…