EU grants Egypt €68mn for home gas delivery project
Egypt and the European Union signed Monday €68 million grant agreement for a project aimed to expand natural gas…
Browsing Tag
Financial Institutions
S&P downgrades Saudi Arabia’s credit ratings on weak oil
Standard & Poor's Ratings Services lowered Friday Saudi Arabia's long-term foreign currency sovereign credit…
Moody’s: Egypt is second biggest insurance market in North Africa
Global rating agency Moody’s said Egypt comes second place after Morocco, the biggest insurance market in North…
SFD injects $137mn into Egypt’s micro enterprises in 9 months
Egyptian Social Fund for Development (SFD) has pumped nine-month finances worth 1.1 billion Egyptian pounds…
Misr Life Insurance’s Q1 premiums grow 2%
Egypt’s Misr Life Insurance has registered a Y-o-Y growth of 2 percent in premiums to record 578.3 million Egyptian…
Standard & Poor’s assigns ‘B+’ ratings for Egyptian Life Takaful
Standard & Poor's Ratings Services has assigned its 'B+' long-term counterparty credit and financial strength…
Moody’s: Egypt insurance market displays ‘untapped potential’ despite challenges
The future prospects for Egypt's insurance market are encouraging, as a result of the improving economic backdrop…
Egyptian Railway Authority launches €200mn marine insurance policy tender
The Egyptian Railway Authority has launched a call for tenders on a marine insurance policy tailored for the…
China Re poised to raise $2 billion from Hong Kong IPO
China Reinsurance Group Corp., the country’s biggest reinsurer, is set to raise $2 billion from an initial public…
Egypt in talks with IMF for $5.5bn loan to support budget: Minister
Egypt is negotiating with the International Monetary Fund (IMF) for a US$5.5 billion loan to support the state…