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Financial Institutions
IMF, World Bank Approves US$ 4 Bln Debt Relief For Cote D’Ivoire
The International Monetary Fund (IMF) and the World Bank announced on Tuesday more than US$ 4 billion in debt…
IMF Says Ready To Support Egypt
The International Monetary Fund (IMF) said on Tuesday it stands ready to support Egypt in dealing with its…
Absorbing Capacity Of Fire Insurance Raised By EGP 30 Mln This Year: Arfin
Ahmed Arfin, managing director of the Egyptian Takaful Insurance Company (Property), said the last reinsurance…
Misr Life Insurance Eyes Premiums Of EGP 2 Bln In 2014/15
Misr Life Insurance Co. targets achieving premiums of more than EGP 2 billion at the end of FY 2014/2015, in…
S&P Places Egypt Rating On CreditWatch Negative As Junta Consolidates Powers
Credit Watch Ratings agency Standard & Poor's placed Egypt's long-term sovereign ratings on CreditWatch…
Insurers Optimistic On Political Stability, Morsi’s Reassuring Speech
“President for all Egyptians,” the elected Egyptian Mohamed Morsi stated yesterday relieving employees at…
Bahraini Takaful International Launches Mobile Takaful Service
Takaful International, the 1st leading Islamic insurance (Takaful) company in Bahrain, has launched a new mobile…
IFE Considers Raising Insurance Awareness In Schools
Training, Development and Insurance Awareness Committee of the Insurance Federation of Egypt discussed the possible…
EFSA Approves Wethaq’s Amendments To Fire Insurance Policy
Wethaq Insurance Co. has received the Egyptian Financial Supervisory Authority’s approval on the amendments the…
Chartis Egypt Insurance Moves To Mohandseen On Cost-Cutting Plans
Chartis Egypt Insurance Co. plans to move to its old headquarters in Mohandseen by the beginning of the new fiscal…