Egypt’s Suez Canal Insurance witnessed a decline of 8% in investments by end of first quarter of …
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Suez Canal investment certificates
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Banks
Egyptian Arab Land Bank: Al Masry Fund Records EGP77mn Net Profits
by Yomna Yasserby Yomna YasserThe Egyptian Arab Land Bank announced Thursday its mutual fund ‘Al Masry’ recorded a net profit of …
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Banks
Suez Canal Certificate Sales Pump EGP27bn into Egypt’s Banks: Official
by Yomna Yasserby Yomna YasserInvestment certificates issued earlier this month to finance the digging of a new Suez Canal have attracted …
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Financial Institutions
Arab Misr Insurance GIG Plans Opening New HQ in New Cairo with EGP90mn
by Salma Aymanby Salma AymanHead of Investment Sector at Arab Misr Insurance Group GIG Mohamed Nagah Nour said the investment cost …
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Central Bank of Egypt (CBE) Governor Hisham Ramez said the proceeds from selling the new Suez Canal …
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Industry & Trade
Naguib Sawiris Invests EGP100 million in New Suez Canal Project
by Yomna Yasserby Yomna YasserEgyptian business tycoon Naguib Sawiris purchased Sunday EGP 100 million (around US$14 million) worth of investment certificates …
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Tech news
Egypt Post Offers Suez Canal Certificates through Nationwide Offices
by Salma Aymanby Salma AymanEgypt Post started offering Suez Canal investment certificates for clients from 1600 of its offices across governorates …
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Financial Institutions
Arab Orient Takaful Invests EGP50 million in New Suez Canal Project
by Yomna Yasserby Yomna YasserEgypt’s Arab Orient Takaful Insurance company purchased today EGP 50 million (around US$7 million) worth of investment …
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Industry & Trade
Egyptian Industries Federation Invests EGP25 million in New Suez Canal Project
by Yomna Yasserby Yomna YasserFederation of Egyptian Industries (FEI) purchased EGP 25 million (USD 3.5 million) worth of investment certificates to …
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8 billion Egyptian pounds (US$1.12 billion) were raised on the fourth day of selling Suez Canal investment …
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