Wethaq-Egypt board Oks paid-in capital increase
Wethaq Takaful Insurance-Egypt’s board has endorsed a planned increase in its paid-in capital to 190 million…
Author
Egyptian Takaful Insurance strikes bancassurance deal with United Bank
Egyptian Takaful Insurance Co. (Property) has reached bancassurance partnership agreement with United Bank of…
Egypt’s Misr Insurance Holding to launch life takaful unit mid-2020
Egypt’s state-run Misr Insurance Holding plans to establish a new unit for life takaful activities by mid-2020,…
Egypt allocates $301k for blast-hit cancer institute
Egyptian Social Solidarity Minster Ghada Waly on Tuesday approved to allocate 5 million Egyptian pounds ($301,670)…
Egypt to launch first natural disasters insurance pool in 6 months
Egypt is planning to launch its first ever insurance pool against nature disasters in the next six months, head of…
Misr Insurance Holding’s affiliates eye 34.5% surge in FY20 net profits
Egyptian state-owned Misr Insurance Holding said on Sunday affiliates are targeting a 34.5 percent growth in net…
Misr Insurance to cover BP’s West Nile Delta project
Egyptian state-owned Misr Insurance says it won an insurance policy to cover the construction works of West Nile…
Egyptian Takaful Insurance posts 19% surge in nine-month profits
Egyptian Takaful Insurance Company (Property) posted a 19 percent year-on-year surge in its profits to record 99…
Egyptian Saudi Insurance House posts $18.9 mln premiums in 9 months
Egyptian Saudi Insurance House achieved premiums worth 320 million Egyptian pounds ($18.9 million) during the first…
Misr Insurance pays first tranche of compensation to Pharaonic Petroleum
Egyptian state-owned Misr Insurance paid the first tranche of compensation, estimated at around $3.9 million to…
AfDB 2023