In an interview with Daily New Egypt, Director of Sovereign and International Public Finance Ratings at Standard …
Financial Institution
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Tokio Marine Egypt General Takaful has recently inaugurated a new branch in Ismailia governorate, situated on the …
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The world’s lender of last resort, the International Monetary Fund (IMF), has said up-and-coming nations must do …
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Financial Institutions
IMF’s Lagarde says restructuring should suffice for Greek debt
by Noha Gadby Noha GadA form of debt restructuring rather than outright forgiveness should enable Greece to handle its “unviable” debt …
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Financial Institutions
Direct foreign investments in Egypt hit $6bn in nine months
by Noha Gadby Noha GadThe volume of net direct foreign investments in Egypt hits US$5.7 billion in the first nine months …
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Financial Institutions
Fed says rate hike next month hinges on market volatility
by Noha Gadby Noha GadThe Federal Reserve on Friday left the door open to a September interest rate hike even while …
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Financial Institutions
Misr Insurance Holding: Affiliates’ net profits hit 1.4bn Egyptian pounds in year
by aya salahby aya salahEgypt’s state-owned Misr Insurance Holding Company (MIHC) announced Tuesday that affiliates have posted a net profit of …
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Financial Institutions
Duet-CI Capital assigns Amr Helal to head Egypt Opportunities Fund
by aya salahby aya salahDuet-CI Capital said it had hired Amr Helal to head its $300-million private equity fund for investing …
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Financial Institutions
Allianz Egypt to reveal business results and strategies this August 26
by aya salahby aya salahLeading insurer Allianz Egypt is to hold its annual press conference on August 26 this year to discuss …
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The newly-launched Global Lease Company is negotiating with eight banks for funds worth 800 million Egyptian pounds …