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Financial Institutions
Arab Reinsurance Reports EGP 5.4 Mln Profit In 2011
Arab Reinsurance Company’s profit reached EGP 5.496 million in 2011. The company transferred 10% of profit, EGP…
Misr Insurance: Supplemental Car Insurance Premiums Register EGP 660 Mln In FY 2011/12
Misr Insurance Company said supplemental car insurance premiums posted EGP 660 million in FY 2011/2012. The Company…
Misr Life Insurance To Develop 30% Of Branches Each Year
Misr Life Insurance has set a number of agreements with consultancy offices in order to develop its branches over…
Global Economy Is Deteriorating: IMF’s Chief
The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy,…
Egyptian Takaful: Investments Registers EGP 232 Mln In FY 2011/12
The initial financial results of the Egyptian Takaful-Property for the FY 2011/2012 showed that the volume of…
EMRC Mulls Offering EGP 140 Mln Finances To Two Mortgage Firms
The Egyptian Mortgage Refinance Company (EMRC) studies offering credit facilities of about EGP 140 million for two…
Delta Insurance Eyes 10% Growth In Investments In FY 2012/13
Delta Insurance Co. targets achieving 10% growth in the volume of investments in FY 2012/2013. Achieving such…
Morsi Strengthens Egypt’s Position In Negotiations Over US$ 3.2 Bln IMF loan: Bankers
Under the rule of an elected president, the negotiations over an US$ 3.2 billion loan from the International…
Egyptian Takaful-Life Insures Banque Misr’s Customers Against Loan Non-payment
Egyptian Takaful-Life announced it will provide one-year insurance coverage for Banque Misr’s customers against…
New Cabinet To Focus On Foreign Borrowing: FJP’s Financial Adviser
Egypt will approach the International Monetary Fund (IMF) and other financial institutions to help get its economy…
