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Financial Institutions
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…
Arab Orient Insurance Renews Policy Covering UNB With EGP 300 Mln
The Arab Orient Takaful Insurance Company (AOTIC) renewed the insurance policy covering the Union National Bank…
Insurers Compete for Al Sheikh Zayed Development Authority
Insurance companies are expected to go into a strong competition to insure Al Sheikh Zayed Development Authority.…
Egypt Post To Insure 50 Cars Against Armed Robbery
Egypt Post said it will contract to new companies to insure 50 cars which transfer funds during the coming days.…
Al Mohandes: Insurance Activity Surplus Fell 9% In FY 2011/12
Al Mohandes Insurance Company approved the budget for FY 2011/2012 ended on June 30th 2012. The insurance activity…
Misr Insurance Insures Wadi El Nile’s Employees With EGP 1.7 Mln
Misr Insurance Company signed a one-year term insurance contract to insure the employees of Wadi El Nile for…
Suez Canal Insurance Launches Three New Branches In September
Suez Canal Insurance Company targets to launch from five to ten new branches this fiscal year, said Ahmed Shoukry,…
Misr Insurance Pays EGP8 Mln Compensations For Stolen Cars In July
Misr Insurance Company reported 119 stolen cars last July, although the security officials returned to the streets,…