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Milestones

EGE’s Milestones

1992

EGE Establishment

Export Credit Guarantee Co. of Egypt (EGE) was founded in 1992 with a mandatory role of facilitating a healthy development of Egypt’s foreign trade.

Member in COFACE

Joined “COFACE” as member of “Credit Alliance” Network under the auspices of COFACE – France

1994
1998

Signed Governmental Protocol

“EGE” In 1998, the Council of Ministers issued a resolution approving a protocol between the government and the Egyptian Export Guarantee Corporation to support Egyptian exports  .

Member in “Prague Club”, “Berne Union”  Now

Joined as member of “Prague Club”  to support new and maturing export credit agencies and insurers setting up and developing export credit and investment insurance schemes

2004
2006

Member in FCI

Joined as a member of “FCI”, the Global Representative Body for Factoring and Financing of Open Account Domestic and International Trade Receivables.

Signed  the 1st Transaction
Under the Governmental Protocol

1st transaction under the government protocol with Kenya.

2007
2008

Hosting Credit Alliance
 Annual General Meeting

“EGE” of Egypt hosted Annual Meeting of Credit Alliance and the workshop.

“EGE” Credit Ratings

“EGE” was given a National Scale Rating “A-” by “MERIS”

2010
2010

Member in “AMAN Union”

“EGE” Joined as member of “AMAN Union”

Presidency of “ Prague Club ”

Nominated as a President  by “Prague Club” since Nov.  for 3 years

2011
2010

Signed MOU with ATI

“EGE ”signed Memorandum of Understanding with The African Trade Insurance (ATI)

Signed MOU with EXIAR

“EGE ”signed Memorandum of Understanding with The Export Insurance Agency of Russia (EXIAR)

2015
2017

Signed MOU with SINOSURE

“EGE ”signed Memorandum of Understanding with The China Export & Credit Insurance Cooperation (SINASURE)

Hosting AMAN Union Annual Meeting

“EGE” of Egypt hosted Annual Meeting of AMAN Union and the workshop.

2018
2019

Signed MOU with SACE

“EGE ”signed Memorandum of Understanding with SACE Italy

Change in “EGE`s” Management

Mrs. Mervat Sultan joined EGE as non-executive chairperson

2018
2019

Hiring New Managing Director

Mr. Mohamed Azzam joined EGE as a Managing Director  

Signed an MOU with ECI

“EGE ”signed Memorandum of Understanding with The Etihad Credit Insurance (ECI)

2019
2019

Clyde & Co Letter of Agreement

“EGE ”signed a Letter of agreement to offer Collection Services for exporters.

Signed Tinubu Square Agreement

EGE signed a software service agreement with Tinubu square to upgrade our operations software

2020