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Financial Institutions
SFD injects $137mn into Egypt’s micro enterprises in 9 months
Egyptian Social Fund for Development (SFD) has pumped nine-month finances worth 1.1 billion Egyptian pounds…
Wethaq Egypt wins Tourist Village Agency’s insurance policy
Egypt’s Wethaq Takaful Insurance has won a policy tender launched by the Tourist Villages Development Agency, an…
Misr Life Insurance’s Q1 premiums grow 2%
Egypt’s Misr Life Insurance has registered a Y-o-Y growth of 2 percent in premiums to record 578.3 million Egyptian…
Egypt: Takaful insurance firms’ compensations hit $48mn in 7 months
Takaful insurance companies operating in the Egyptian market had paid compensations worth 388.5 million Egyptian…
Standard & Poor’s assigns ‘B+’ ratings for Egyptian Life Takaful
Standard & Poor's Ratings Services has assigned its 'B+' long-term counterparty credit and financial strength…
Moody’s: Egypt insurance market displays ‘untapped potential’ despite challenges
The future prospects for Egypt's insurance market are encouraging, as a result of the improving economic backdrop…
Egypt to delay second international bond issuance – minister
Egypt will delay its second international bond issuance, which was initially scheduled for November, the finance…
Egyptian Railway Authority launches €200mn marine insurance policy tender
The Egyptian Railway Authority has launched a call for tenders on a marine insurance policy tailored for the…
Misr Insurance: Q1 premiums 8% higher
The leading insurer in MENA region, Misr Insurance Company has recorded first quarter premiums totalling 1.034…
China Re poised to raise $2 billion from Hong Kong IPO
China Reinsurance Group Corp., the country’s biggest reinsurer, is set to raise $2 billion from an initial public…