National Investment Bank studies $157.6 mln loan for Egypt railway authority
State-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds…
Browsing Tag
Suez Canal
Banque du Caire to fund Suez Canal Development Projects
Banque du Caire is studying the projects that are planned to be established at the Suez Canal Area Development…
SCI renews Suez Canal’s $349 mln marine fleet insurance policy
Egypt’s composite insurer, Suez Canal Insurance Company (SCI) has renewed an insurance policy contract for Suez…
Misr Insurance compensates Shelf Drilling $45 mln for drillship loss in Suez Canal
Egypt’s Misr Insurance Company has paid Dubai-based Shelf Drilling Holdings compensation worth $45 million for the…
Al Baraka Bank earmarks $112.6 mln for energy, Suez Canal projects in 2016
Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, is planning to pump one billion Egyptian pounds…
Suez Canal’s dollar reserves record $3.183 bln from Jan 1-Aug 6
Egypt’s waterway, Suez Canal made dollar revenues of $3.183 billion during the period between Jan 1 and Aug 6,…
Sisi severely criticizes ‘doubters’, says New Suez Canal a success
Egypt's President Abdel-Fattah al-Sisi slammed "doubters" in a speech given on the occasion of the first…
Tokio Marine General Takaful mulls expansion into 3 new areas in Egypt
Insurer Tokio Marine Egypt General Takaful is studying new expansions to cover three new areas in the country;…
3996 firms investing in Suez Canal cities: GAFI
There are around 3,996 companies working in Suez Canal’s three cities, with total investments standing at 59…
Suez Canal Insurance wins policy for East Port Said tunnel drilling equipment
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid to insure one of the drilling…
