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Financial Institutions
Iskan Insurance eyes regulatory approval over new mutual fund
Cairo-based Iskan Insurance Company is considering starting talks with the country's market regulator so as to…
Around 2368 Sudanese receive $3,5mn pensions from Egypt annually
Some 2615 Sudanese are taking pensions from Egypt in accordance with a mutual pension agreement that was enacted in…
No IMF decision on Greek bailout until autumn
There is strong support at the IMF for joining a new bailout package for Greece but the fund will not decide…
Iskan Insurance eyes Premium Portfolio top-up this fiscal year
Cairo-based Iskan Insurance Company is targeting a boost in portfolio of premiums to 150 million Egyptian pounds…
IMF lays out hurdles to yuan as reserve currency
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF)…
AXA profit surge 2%, helped by weaker euro
AXA SA CS reported Tuesday a 2% rise in net profit in the first half of the year, helped by a weaker euro. Europe's…
SFD eyes Small Enterprises Licence Unit in Suez Canal’s HQ
Egypt's Social Fund for Development (SFD) is ready to establish a licence unit for the small enterprises in Suez…
Misr Insurance attains $600mln Premiums in FY 2014-15
Misr Insurance Company - Non-life obtained premiums worth EGP 4.701 billion(US$600 million) within the fiscal…
Arab Misr Insurance’s Investment Portfolio hit $67mln end June
Arab Misr Insurance Group's (GIG) investment portfolio reached 522.7 million Egyptian pounds (US$66.7 million) at…
Egypt’s Insurance Firms pay $817mln Compensations in Q1
The total volume of compensations paid by insurance firms working in Egyptian market hit EGP 6.442 billion (US$…