Browsing Category
Financial Institutions
Insurance Sector Seen 8% To 10% Growth In FY2011/12
Dr. Adel Mounir, Egyptian Financial Supervisory Authority (EFSA) Vice-Chairman, said the insurance sector is…
Media Raises Fake Concerns On Reinsurance Agreements
There is no doubt that media was a main player in raising concerns elaborated about a fake disagreement between…
Egyptian Insurance Sector Awaits Political Stability To Recover: Experts
Experts said insurance sector will be witnessing a decline and turmoil in case of the eruption of riots and…
Vehicle Insurance Sector Accounts For 91.2% Of Complaints In April
Egyptian Financial Supervisory Authority received 58 complaints against insurance companies and private insurance…
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…