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Financial Institutions
Ernst & Young Launches World Takaful Report 2012 In Dubai
The World Takaful (Islamic Insurance) Report 2012, developed in collaboration with leading international advisory…
Hong Kong Ship Insurers Unable To Cover Iran Oil
Hong Kong maritime insurers will not provide full cover to tankers carrying Iranian oil after EU sanctions take…
Egypt Participates In Arab Insurance Conference
Egypt is participating in the 29th Conference of General Arab Insurance Federation in Marrakech, Morocco from 21st…
Gras Savoye’s Hamed Mabrouk: 20 Insurance Brokers To Go Bankrupt In 5 Years
Hamed Mabrouk, managing director of Gras Savoye Insurance Brokerage Company, expected that 20 out of 33 insurance…
Israel’s Clal Insurance Looks To Sell U.S. Unit
Israel's Clal Insurance Enterprises Holdings (CLIS.TA) said on Sunday it has signed a non-binding letter of intent…
Oman’s Muscat Finance Approves 20% Dividend
Omani Muscat Finance, the pioneer in auto finance, equipment leasing, working capital finance and debt factoring…
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…