Russia's Putin announces world's first Covid-19 vaccine, claims daughter has had it    Coronavirus found on imported frozen seafood in China    Valencia report two COVID-19 positives    Scottish Premiership at risk of shutdown after player breaks quarantine    Lebanon's leaders warned in July about explosives at port: Documents    United boss Solskjaer hoping for semi-final success at third attempt    Belarusian challenger flees to Lithuania amid protests    Egyptian Takaful Insurance negotiating with Egypt Trust to activate e-signature for transactions    Egyptians start vote in Senate elections amid tight preventative measures against coronavirus    Egypt's EDA clinches deal to automate drug distribution process    UK determined to work with France to stop small boat crossings    Egypt to announce its commodities exchange before August-end: minister    174 new coronavirus cases recorded on Monday – ministry    Isolation hospitals in Egypt to reopen for second wave of coronavirus    Pentagon offers military airwaves for 5G wireless networks    Egypt reports 174 new coronavirus cases, 26 deaths on Monday    Egypt's parliamentary committee approves French grant to improve food wholesale trade markets    Britain records 816 confirmed cases of COVID-19 on Monday    Art Alert: Egyptian singer Medhat Saleh to perform at Cairo Opera    Netflix Egypt released its teaser images of Arabic original series, Ma Waraa Al Tabiaa    Algeria's gas exports to fall sharply in 2025: Minister    Sisi calls on Lebanon to unite, avoid disputes and regional conflicts    Fire breaks out near Lebanese parliament amid clashes with protesters: TV    Trump signs measure to provide extra $400 for unemployed Americans    After Microsoft known intentions, Twitter expressed interest in buying TikTok's U.S. operations    Egypt puts in place scheme ahead of Senate elections – ministry    Shooting heard at scene of demonstrations in central Beirut    Egyptian expats to vote for Senate elections by mail starting Sunday    Call for submissions for Egypt's 'Golden Talent' competition for people with special needs    Don't miss the concerts of Boghdady Jazz Big band    African Champions League final will be played on Oct. 16-17, CAF says    Egypt invites Tesla's founder to visit Giza Pyramids after controversial tweets    Sisi: Egypt favours negotiations over a military solution to resolve Nile dam crisis: Al-Sisi    No room to delay Egyptian Premier League games – EFA's board member    Egypt Cup games to resume after Premier League finishes: EFA    The Facebook Preacher's Search for Fame, and Egypt's Economy    Egypt's efforts in Libya to activate free will of Libyan people: Al-Sisi    Egypt calls on UNSC to address oil spill risks off Yemen coast    Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister    Arafa Holding reports $144,000 COVID-19-related losses in April    Hyksos campaigns were internal takeover, not foreign invaders: study    COVID-19 affects Egypt sporting clubs    COVID-19 will soon turn to seasonal like swine flu: Presidential Health Advisor    ‘Egypt's Support' coalition convenes to discuss its Senate election list    Robbery attempt leads to discovery of Ptolemaic monuments in Qena    Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam    Google ‘translate' ancient Egyptian hieroglyphs    Zaha speaks out after online racial abuse    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Insurance companies' investments in Egypt's T-bills fall 1% April-end
Published in Amwal Al Ghad on 07 - 07 - 2020

The total investments of insurance companies operating in the Egyptian government's treasury bills fell one percent year-on-year at the end of last April, according to a report.
Investments dropped to around 31.759 billion Egyptian pounds ($2 billion) from 32.109 billion pounds at the end of March, the Central Bank of Egypt's (CBE) monthly report showed on Monday.
"The investments of public-sector insurance companies in treasury bills recorded 25.540 billion pounds at the end of last April, down from 26.3 billion pounds at the end of Mach 2020," the report said.
Private-sector insurance companies have invested about 5.446 billion pounds in treasury bills at the end of April, up from 5.5 billion pounds at the end of March.
"Foreign insurance companies operating in the Egyptian market recorded total investments worth 773 million pounds in treasury bills, up from 683 million pounds at the end of March 2020," the report showed.


Clic here to read the story from its source.