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Financial Institutions
Egypt’s Insurance Brokerage Division Signs Cooperation Protocol With IIE
The Insurance Institute of Egypt (IIE) chaired by Dr. Adel Mounir has signed a protocol of cooperation with…
Africa Re Eyes US$ 770 Mln Premiums In 2013
African Reinsurance Corporation (Africa Re) targets to achieve premiums of US$ 770 million by the end of 2013, said…
Africa Re Eyes Launching 4 New Regional Offices
The African Reinsurance Corporation (Africa Re) plans to inaugurate four new regional offices in Africa in the…
IFE Not Notified Officially With New Bancassurance Regulations
The Central Bank of Egypt (CBE) has not officially informed the Insurance Federation of Egypt (IFE) with the new…
FX Reserves A Concern For Egypt Rating -Fitch Analyst
Egypt's low level of foreign exchange reserves is a key issue for its rating, which is on negative outlook, a…
Gras Savoye Mulls Launching Two Branches In Ethiopia, Angola
Gras Savoye plans to inaugurate two new branches in Ethiopia and Angola in the upcoming period, said Hamed Mabrouk,…
IMF Says Egypt Budget Gap Worrying, Urges Yemen To Finalize Economic Program
Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a…
IFE’s Group Life Committee Prepares A Guiding Life Takaful Policy
The group life insurance committee at the Insurance Federation of Egypt (IFE) has finalized writing the guiding…
SFD Finances 19,000 Small Enterprises In Upper Egypt With EGP 145.3 Mln
The Social Fund for Development (SFD) financed about 19,000 micro- and small enterprises in Minya, Beni Suef,…
Misr Insurance Covers Supply Company’s Project In Iraq With US$ 1 Bln
Misr Insurance Company has signed a contract to insure a project of an Egyptian supply company in Iraq with US$ one…