Egypt’s economy grows 4.3% in Q3-FY2016/17: minister
Egypt’s GDP grew 4.3 percent during the third quarter of the current financial year 2016/2017, Minister of Planning…
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Financial Institutions
2 insurers vying to win Cairo Airport’s insurance policy tender
Two insurance majors are competing to win the Cairo Airport’s insurance policy, sources with knowledge told Amwal…
Germany signs financing deals worth €203.5 million with Egypt
Germany and Egypt have signed three agreements worth €203.5 million ($228.3 million) on Monday. German Development…
Rasmala plans to increase AUMs in Egypt to 7.5 bln pounds by year-end
Asset management firm, Rasmala Egypt says it plans to increase its assets under management (AUMs) to 7.5 billion…
Saudi Arabia pumps $400 million into Sinai development scheme: minister
Saudi Arabia has recently injected an additional $400 million as part of a Saudi-Egyptian loan agreement to develop…
Egypt’s Misr Asset Management reaches 500 mln pounds in AUMs
Egypt’s Misr Asset Management (MAM), the investment bank arm of Misr Insurance Holding, says it has currently…
CIS Egypt wins textile major Arab Polvara’s insurance policy tender
Cooperative Insurance Society Egypt (CIS) has won a property insurance policy tender launched by Arab Polvara…
Egypt negotiating €207 million financing from Germany during Sisi’s visit
Egypt will negotiate a €207 million ($231.7 million) financing from Germany during Egyptian President Abdel Fattah…
Beltone’s BPE Partners seeks Egypt bourse listing in Oct.
BPE Partners, the venture capital arm of Egypt’s asset manager Beltone Financial, plans to list some of its shares…
Egypt attracts $8.4 bln foreign investment in domestic debt since pound float
Egypt attracted $8.4 billion of foreign investment in domestic debt instruments since the flotation of its pound in…