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Financial Institutions
Increasing Egypt’s IMF loan is Positive: Analyst
Commenting on reports that Egypt may seek to increase IMF loan to $ 4.8 billion, Hany Genena, CFA, Head of…
Car Insurance Premiums Hit EGP 2.050 Bln In 2011
Car insurance sector in Egypt had premiums of EGP 2.052 billion in 2011. The volume of direct premiums reached EGP…
SFD Finances Infrastructure Projects In Minia
Ghada Wali, secretary general of the Social Fund for Development (SFD), and Serag Al Ruby, the governor Minia,…
AMIG Launches Burglary Insurance Policy Covering South Cairo Electricity Co.
Arab Misr Insurance Group (AMIG) has launched the burglary insurance policy covering the South Cairo Electricity…
Complaints Against Insurers, Private Funds Rose To 733 In 2011: EFSA
The annual report issued by the Egyptian Financial Supervisory Authority (EFSA) showed an increase in the number of…
Egypt Likely To Ask For US$4.8 Bln Loan From IMF
Egypt will discuss the possibility of a bigger-than-expected $4.8 billion loan from the International Monetary Fund…
Suez Canal Life Insurance To Split From Parent Company Next September
The procedures concerning the split of the Suez Canal Life Insurance Company from the Suez Canal Insurance Company…
EFSA Withdraws Life Insurance License From Al Mohandes
Al Mohandes Insurance Company will not be authorized to conduct life insurance business as the Egyptian Financial…
Standard Life Profit Up On UK Growth, Cost Cuts
British insurer Standard Life on Tuesday said its half-year profit rose by a forecast-beating 15 percent thanks to…
Lebanese Delta Insurance Acquires Solidarity Takaful Egypt
The Lebanese Delta Insurance Holding Company signed the final agreement with Solidarity Family Takaful to acquire…