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Financial Institutions
Egypt’s FinMin Plans Cancelling 90% of Petroleum Subsidiary over 4 Years
Egyptian Minister of Finance Hany Kadry revealed that the government is planning to cancel 90% from the four-year…
MetLife Alico Cooperates with AlexBank and Barclays for Bancassurance Activities
Egypt’s Pharaonic American Life Insurance Company- Alico (MetLife Alico) is aiming to obtain a regulatory approval…
Egyptian Saudi Insurance House Invests EGP20mn in New Suez Canal Project
Egyptian Saudi Insurance House (ESIH) bought today EGP 20 million (US$2.8 million) worth of investment certificates…
Delta Life Insurance’s Newest Mutual Fund Approved –Regulator
Egypt’s financial regulator announced Sunday the approval of Delta Life Insurance’s newest mutual fund. According…
Arab Orient Takaful Invests EGP50 million in New Suez Canal Project
Egypt’s Arab Orient Takaful Insurance company purchased today EGP 50 million (around US$7 million) worth of…
E-Finance to Launch EGP70mn New HQ in Smart Village by May
E-finance, the First and Largest Electronic Payment and Collection Gateway in Egypt will finalise launching its new…
GIG Insurance Invests EGP5 million in New Suez Canal Project
Egypt’s Arab Misr Insurance Group (GIG) bought today EGP 5 million (USD 699.056) worth of investment certificates…
Wethaq Takaful Insurance Invests EGP17 million in New Suez Canal Certificates
Egypt’s Wethaq Takaful Insurance purchased today EGP 17 million worth of investment certificates to fund the new…
E-Finance Egypt Holds Conference for Petroleum Smart Cards System
E-finance, the First and Largest Electronic Payment and Collection Gateway in Egypt, will be holding today press…
Suez Canal Insurance Invests EGP10mn in New Suez Canal Project
Suez Canal Insurance has bought today EGP 10 million worth of investment certificates dedicated to finance the new…