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Financial Institutions
Bee Deals With AMIG Over Home Protection Insurance Policy
Arab Misr Insurance Group (AMIG) signed a deal with Bee Smart payment Solutions to offer home protection insurance…
Moody’s Lowers Jafza Outlook To Negative
Moody's Investors Service has changed the outlook for the Corporate Family (CFR) and Probability of Default Rating…
Abu Dhabi Investment Fund Mubadala Spends $5.5bn
The Abu Dhabi government's investment vehicle, Mubadala expects to spend about Dhs20.1bn ($5.47bn) this year, as it…
IMF: Lebanon Needs More Work To Reduce Debts
The International Monetary Fund (IMF) has said Lebanon has not made much-needed efforts to reduce the country's…
S&P: GCC Insurers Depend On Health Insurance
Regulatory change has favored health insurance, making it one of the main engines of revenue growth for the…
Allianz CEO: Europe Stimulus Programs May Widen Deficit
Programs to spur the economy in euro zone debtor countries are risky if they are financed through more deficit…
Aviva’s Andrew Moss Steps Down After Shareholder Revolt
The chief executive of Britain’s second-biggest insurance group Aviva stepped down on Tuesday, becoming the latest…
Adel Shaker Elected As Chairman of EIBA
Egyptian Insurance Brokers Association (EIBA) held an annual general meeting to elect a new board of directors.…
Wethaq Eyes EGP 7 Mln Net Profit In FY 2012/2013
Wethaq Takaful Insurance Egypt targets achieving net profit of EGP 7 million in the next FY 2012/2013. Shareholders…
Delta Insurance Holds Negotiations Over New Investment Fund
Delta Insurance suspended negotiations with a bank over launching an investment fund, due to the current unrest in…
