Egypt signs $0.5 billion soft loan deals with Japan’s JICA
Egypt has signed Monday three soft loan agreements totalling $0.5 billion with Japan International Cooperation…
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Financial Institutions
Misr Insurance wins Banque du Caire medical insurance policy bid
The leading insurer in MENA region, Misr Insurance Company has won a medical insurance policy bid launched by…
CI affirms Egypt’s sovereign ratings at ‘B-‘
Capital Intelligence (CI), the international credit rating agency, announced Saturday that it has affirmed Egypt's…
Misr Insurance wins Alex-based textile firm’s $127.7mn policy bid
The leading insurer in MENA region, Misr Insurance Company has won a policy bid to insure the assets, factories,…
Moody’s affirms Spain’s ‘Baa2’ rating, yet cuts outlook to…
Moody's Investors Service affirmed Friday Spain's sovereign rating of "Baa2" but lowered the outlook on the rating…
Christine Lagarde wins second term as IMF chief
The Executive Board of the International Monetary Fund (IMF) approved Friday to appoint Christine Lagarde for a…
Jordan’s APEX looks to expand in Egypt reinsurance brokerage market
Jordan-based APEX Insurance is seeking to obtain regulatory approval to practice reinsurance brokerage activities…
Beltone Financial prepares IPOs in EGX for more than $1.8bn
Beltone Financial is preparing the initial public offerings (IPO) of several companies in the retail and food…
Sisi’s fund to establish $13 million leasing firm
Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national…
Suez Canal Insurance launches representative office in Fayoum
Egypt's leading composite insurer, Suez Canal Insurance has inaugurated a new branch and representative office in…