Egyptian insurance market gains LE 20B in FY 2016/17

Tue, 04 Jul 2017 - 02:08 GMT

Total premiums of the Egyptian insurance companies exceeded LE 20 billion ($1.12 billion) in the fiscal year 2016/17, up LE 2 billion year-on-year.

Egypt Aluminum posts LE 1.3B profits in 11 months

Tue, 04 Jul 2017 - 11:58 GMT

Egypt Aluminum’s earnings are expected to rise to more than LE 1.5 billion by the end of the fiscal year 2016/17 for the first time in the company’s history.

Economic growth rate likely to register 4% in FY 2016/17

Tue, 04 Jul 2017 - 11:43 GMT

Egypt’s gross domestic product (GDP) rate is forecasted to reach 4 percent during the past fiscal year.