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Financial Institutions
IMF Approves Bailout Funds for Portugal
The International Monetary Fund said it was releasing 5.17 billion euros ($6.78 billion) to crisis-stricken…
Swiss Life’s Bruno Pfister Says M&A Are Difficult Now
Bruno Pfister, CEO of Swiss Life (SLHN.VX), believes mergers and acquisitions are difficult at the moment, with…
Japan & China to Hold Talks On IMF Contributions
Japan and China will seek to coordinate on supporting the International Monetary Fund’s effort to contain Europe’s…
Wethaq Insures Electric Cables Project In Sheikh Zayed
Wethaq Takaful Insurance Company Singed the insurance policy with value of EGP 58 million covering electric cables…
Wethaq Insures Electric Cable Company With EGP 300 Mln
Wethaq Takaful Insurance Company signed an EGP 300 million insurance policy with a company for electric cables. The…
E-Payments Result in EGP 400 Mln Additional Revenues
Ibrahim Sarhan, chairman and managing director of E-Finance Company, said that there are many advantages of…
Non-Banking Financial Services Trains EFSA’s Employees
Non-Banking Financial Services Institute ends today its Egyptian Financial Supervisory Authority (EFSA)’s employees…
IMF Director: Global Recovery Still Fragile
The global recovery is still "very fragile" despite signs of financial stabilization in the euro zone and stronger…
Jordan Rejects Liberalizing Auto Insurance Prices
Jordan’s Consumer Protection Society (CPS) refused proposals to remove the cap on the prices of compulsory third…
Shaker Elected As Managing Director of CIS
Ali Shaker, head of insurance department at Faculty of Commerce-Cairo University, was elected as the managing…
