Lagarde: Egypt is making good progress in IMF programme
Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its…
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Financial Institutions
Orient Takaful renews insurance cover deal for Hilton Hurghada, Alex hotels
Egypt’s Orient Takaful Insurance Company has renewed an insurance coverage agreement with Hilton Hotels Group for…
IMF ‘mindful’ of Trump’s attempt to repeal Dodd-Frank banking law:…
International Monetary Fund managing director Christine Lagarde urged Sunday financial regulators not to undo the…
Egypt’s Misr Insurance net profit climbs 21.91% in Q1-FY2016/17
Egypt's state-owned Misr Insurance Company announced Saturday that net profit rose 21.91 percent to 302.3 million…
France’s political turmoil clouds Moody’s ratings review
Heightened political risk and policy uncertainty in France, reflected by a jump in sovereign yields and a weaker…
Africa Reinsurance sees 4% in 2017 Egypt premiums after float
African Reinsurance Corporation (Africa Re) said Wednesday that it expects this year premiums in Egypt would shrink…
Greece should meet lower fiscal surplus target; says IMF
The International Monetary Fund (IMF) said Monday that Greece's economy would only grow by just under 1.0 percent…
Munich Re posts 2016 net income of €2.6 billion, raises dividend
German reinsurer Munich Re has increased its dividend for 2016 by more than 4 percent to €8.61 per share, above…
IMF to review Egypt’s economic reforms progress before loan 2nd tranche
A delegation from the International Monetary Fund (IMF) started Saturday meetings in Cairo with ministers of the…
Orient Takaful wins Nestlé Egypt’s $150 mln insurance policy tender
Egypt’s Orient Takaful Insurance Company has won a tender to provide insurance cover for Nestlé Egypt’s ice cream…