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Financial Institutions
Egypt Seen Muddling Through Without IMF
Egypt may struggle on for the rest of the year without an IMF loan, enduring a summer of fuel shortages and power…
Reaching Final Agreement With IMF Is Imminent: Planning Minister Says
Dr Ashraf Al Araby, Egyptian Minister of Planning and International Cooperation, said the negotiations with the…
IMF Lowers Growth Forecasts For Egypt Economy To 2%
The International Monetary Fund (IMF) cut its 2013 growth forecast for the Egyptian economy to 2% in its April 2013…
Milliman Launches Second Global Family Takaful Report
Milliman today released the 2013 Global Family Takaful Report at the World Takaful Conference in Dubai. Milliman’s…
Cooperative Insurance Society’s Direct Premiums Hit EGP 16.7 Mln At End-2012
The Cooperative Insurance Society Egypt achieved direct premiums of EGP 16.7 million in the first half of FY…
Egypt Loan Talks End Without Deal But IMF Sees Progress
Egypt and the International Monetary Fund failed to agree on terms for a $4.8 billion (3.1 billion pounds) loan…
ACE Announces Launch Of Agriculture Property & Casualty Business
The ACE Group announced the formation of its agriculture property and casualty insurance business, ACE…
AMIG’s Investments Hit EGP 398 Mln In 9 Months
The Arab Misr Insurance Group (AMIG) achieved EGP 398 million worth of investments in the first nine months of FY…
Shura Council’s Approval Not Required For IMF Loan Agreement
The Egyptian Minister of Planning and International Cooperation Dr. Ashraf Al Araby affirmed that the government’s…
World’s Takaful Leaders to Discuss Strategies for Sustaining Growth, Boosting…
More than 400 international Islamic insurance industry leaders from the Middle East, South East Asia, Africa and…