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EGE

Export Credit Guarantee Company of Egypt

Joined BU in: 2003
Institution Type: ECA
EGE

aboutAbout us

EGE is the government export credit agency offering its clients global credit solutions including credit insurance, factoring, information reports and debt recovery. EGE's mandatory role is to  facilitate a healthy development of Egypt’s foreign trade, as well as supporting the development of the private sector. EGE acts as the official ECA of Egypt & it follows the regulation of Financial Regulatory Authority of Egypt. 
 

The Government of Egypt provides EGE with access to an additional hybrid capital in the form of subordinated Export development Bonds to be issued by EGE upon need and is fully subscribed by the National Investment Bank ( The Sovereign Fund of Egypt) . The bonds do not have a specific maturity date & extend until the end of the life of the company. EGE currently has an outstanding Export Development Bonds of 50 Million which forms part of its capital base. 

 

adress Address details

Email:
nora.amir@ege-eg.com
Phone:
+202 2263 6740/ 6745 / 6762
adress Address:
5 El Nasr Road, Nasr City, 4th Floor, Cairo, n/a, Egypt

facilitesMajor facilities

✓ Export and domestic credit insurance
✓ Whole turnover policy
✓ Single shipment policy
✓ Unconfirmed letters of credit policy
✓ Services policy
✓ Export, import and domestic factoring
✓ Insurance, finance and collection of export and domestic trade receivables on recourse and non-recourse basis

historyHistory

Export Credit Guarantee of Egypt (EGE) was established in 1992 with a presidential decree issued by the president of Egypt & approved by the People’s Assembly. 

Ownership: Export Development Bank of Egypt (EBE) : 70%, National Investment Bank (State Investment): 21%, Misr Insurance (State Owned): 6%, Al Ahli Capital ( State Owned): 1.2%

contactsMain contact

name job title
Nora  Ami
Nora Ami
Head of Communications & Corporate Responsibility

contactsSenior Management

name job title
Mr. Gamal Awa
Mr. Gamal Awa
General Manager