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Financial Institutions
IMF Cuts Egypt’s Growth Forecast Citing Concerns on Tourism Revenues
The International Monetary Fund cut its growth forecast for the Egyptian economy on the back of security concerns…
Suez Canal Insurance Attains EGP4mn Premiums in Marine Sector in Q1
Suez Canal Insurance Company attained EGP4.05 million insurance premiums of marine sector within the first quarter…
Egypt to Raise $1-1.5bn Foreign Bonds in Q1: Minister
Egypt intends to raise international bonds at values ranging between $1-1.5 billion within the first quarter of…
Iskan Insurance Starts Bancassurance Activities via HDB’s Two Branches
Iskan Insurance Company has recently started bancassurance activities through two branches of the Housing and…
Arab Orient Takaful Wins South Valley Cement’s EGP2.5bn Policy
CEO of Arab Orient Takaful Insurance (AOTIC) Mohamed Moustafa Abdel Rasoul revealed that his company succeeded in…
Arab Oriental Takaful Insurance Attains EGP291.4mn Investments in September
The total investments value of Arab Oriental Takaful insurance increased to 13.7% by the end of September 2014 to…
Egyptian Life Takaful Plans Bancassurance Activities with ADIB Next Month
Egyptian Life Takaful Insurance Company is planning next month to start bancassurance activities through the…
Egypt to Take Part in IAIS 2014 Conference
Egypt will take part in the International Association of Insurance Supervisors – (IAIS)’s 21st Annual Conference,…
Insurance Federation of Egypt Contributes EGP1mn to ‘Long Live Egypt’ Fund
The Insurance Federation of Egypt (IFE) announced Monday a contribution of one million Egyptian pounds (around…
SFD-Egypt Nears $250mn Financing Deal from UAE, Kuwaiti Funds
Egypt’s Social Fund for Development (SFD) nears a financing deal worth US$250 million with UAE Khalifa Fund and…