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Financial Institutions
Obama unveils wage insurance scheme to spur job seekers
U.S. President Barack Obama laid out Saturday a plan to help support the income of workers who lose their jobs and…
IMF approves third disbursement of $114.6mn to Ghana
The International Monetary Fund's board approved Wednesday a third disbursement of $114.6 million under Ghana's…
Africa Re to establish HQ in Egypt
African Reinsurance Corporation (Africa Re), Africa’s leading reinsurer, is to inaugurate a new headquarters in…
Egypt’s health insurance premiums hit $119 million in June 2014
Health insurance premiums in Egypt have surged to 934 million Egyptian pounds (US$119 million) by the end of June…
4th Regional Forum for Medical Insurance and Healthcare kicks off in Cairo
The Fourth Regional Forum of Medical Insurance and Healthcare has kicked off in Cairo Sunday, organised by the…
Cabinet endorses Kuwait fund’s loan for Egypt-Saudi power link
Egyptian Cabinet approved Thursday a loan agreement with Kuwait Fund for Arab Economic Development (KFAED) to…
SFD in talks with Bank Audi-Egypt over $4mn-contract for SMEs
Egypt's Social Fund for Development (SFD) is negotiating with Bank Audi –Egypt on new contract estimated at 30…
Tokio Marine Egypt eyes $11mn premiums by end-June
Tokio Marine Egypt General Takaful eyes boosting premiums volume by 56.4 percent during the fiscal year 2015-16 to…
Compensations of Egypt’s Takaful insurance firms hit $63mn in 10 months- EFSA
The Takaful insurance companies working in the Egyptian market have paid compensations estimated at 494.8 million…
Alexandria Business Association injects $140mn for micro enterprises in 2015
Alexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for…