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Financial Institutions
EFSA: 176 Complaints Against Insurance Companies, Govt. Funds In March 2012
The Egyptian Financial Supervisory Authority (EFSA) released its quarterly report that revealed that there are…
Delta: Supplemental Car Insurance Profit Hits EGP 800, 000
Ibrahim Labib, deputy head of car insurance committee at Delta insurance company, said the supplemental car…
Vienna Insurance Keeps Outlook After Q2 Pretax Beat
Strong business in emerging European markets helped second-quarter pretax profit at Vienna Insurance Group rise 7.8…
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…