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Financial Institutions
EIBA asks to be notified with insurance amendments
Egyptian Insurance Brokers Association (EIBA) intends asking Insurance Federation of Egypt (IFE) to notify them…
Ganzouri approves Suez Canal’s ownership of 80% of Life Insurance
Kamal El-Ganzouri, prime minister, approved Suez Canal Insurance’s ownership of 80% of Suez Canal Life Insurance…
MP: $3.2bn IMF loan to Egypt shall be approved first by Parliament
Freedom and Justice Party approves foreign borrowing but only when necessary, Ashraf Badr El-Din, Party’s Member of…
Lebanese non-life premiums increase to $870m in 2011
Total non-life premiums generated in the Lebanese insurance market reached $869.6 million in 2011, constituting an…
Accident Committee approves political violence insurance policy
General Committee of accident insurance unit at Insurance Federation of Egypt (IFE) will approve the new political…
Minister of planning to sign agreement with Japan
Faiza Abul Naga, minister of planning and international cooperation, will sign next week the mutual agreements of…
Experts recommend establishing micro-insurance company
Insurance experts welcomed the idea of establishing a micro-insurance company, noting that this will benefit…
IMF offers €28 bn for Greece bailout
The International Monetary Fund plans to offer a new loan for Greece worth €28 billion (EGP…
Ganzouri approves Delta Insurance 99.9% buyout of Delta Life Co.
Prime Minister Kamal El-Ganzouri approved Delta Insurance’s buyout of 99.9% of Delta Life Insurance and sent a…
US may nominate Gates for World Bank
President Barack Obama and his advisers, casting a wide net for potential candidates to lead the World Bank,…
