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Financial Institutions
AMF Arranges US$ 65 Mln Loan For Egypt
The Arab Monetary Fund (AMF) said on Sunday it was arranging a US$65 million credit facility for Egypt to help the…
IMF Expects Kuwaiti Growth To Slow To 6.6% In 2012
Kuwait's economic growth is expected to slow to 6.6% in 2012 from 8.25% in 2011, though higher public spending and…
Insurance Brokers Reached 5989 In April 2012: EIBA
Egyptian Insurance Brokers Association (EIBA) said the number of insurance brokers reached 5989 in April 2012,…
IMF Approves Withdrawing US$430 Bln From External Resources
The International Monetary Fund agreed on Friday that it would only draw on the US$430 billion in extra resources…
Insurance Companies Post EGP 167.5 Mln Premiums In March
The Egyptian Financial Supervisory Authority revealed the results of insurance companies in March as they posted…
Fitch Lowers Egypt’s Credit Rating To B+ On Political Turmoil
Fitch Ratings downgraded Egypt's sovereign credit rating deeper into junk status on Friday, citing the rising…
EMRC’s Finances Portfolio Register EGP 479 Mln In May
Egyptian Mortgage Refinance Company (EMRC) offered EGP 30 million finances for the period from the beginning of…
Daman Health Insurance Launches Operations In Qatar
Daman Health Insurance Qatar LLC ( Daman Qatar) has announced the launch of its operations in Qatar, stating that…
Delta Insurance: 250 Claims For Stolen Vehicles Since 2011’s Revolution
Delta Insurance Company said it received 250 claims for stolen cars and motorcycles since last year’s revolution…
Insurance Market To Flourish On Lowering RRR On Deposits: Adel Mounir
Adel Mounir, deputy chairman of Egyptian Financial Supervisory Authority, told Amwal Al Ghad that the Central Bank…