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Money
EFSA: Number Of Insurance Brokerage Firms Registered 34 In May
The Egyptian Financial Supervisory Authority’s (EFSA) report showed that the number of insurance brokerage…
CBE Leaves Interest Rates Unchanged As Inflation Dropped, GDP Grew
The Central Bank of Egypt (CBE) said it left overnight deposit and lending rates unchanged in its meeting last…
Car Insurance Accounts For 79.5% Of Complaints In May
Egyptian Financial Supervisory Authority (EFSA) received 73 complaints against insurance companies and private…
NBE In Talks With Three Customers Over Settling EGP 1 Bln Debts
The National Bank of Egypt (NBE) negotiates with three customers working in tourism sector over settling debts of…
Wethaq Expected To Post EGP 7 Mln Profit For FY 2011/12
Initial indications showed that the Wethaq Takaful Insurance Company’s profit reached EGP 7 million in FY…
Major Japanese Bank CEO Steps Down
The CEO of Japan's Nomura bank, Kenichi Watanabe, has resigned over a trading scandal in the country’s leading…
Egyptian Takaful Co. Freezes Protocol with Lawyers Syndicate
Hisham Abdel Shakour, Managing Director of Egyptian Takaful Co., said there is a crisis in operating the protocol…
Insurance Premiums Post EGP 369.4 Mln In April: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed the results of insurance companies in April as they…
United Bank Finances Cleanliness Equipments Worth EGP 3 Mln
The United Bank offered cleanliness equipments worth EGP 3 million for cleaning Nasr City and Heliopolis, as part…
Yields Fall On Egyptian Treasury Bills
Yields declined at an auction of 5.5 billion pounds ($906.2 million) of Egyptian treasury bills on Thursday, the…