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Financial Institutions
Suez Canal wins Egypt Anode’s $30 million insurance policy bid
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched by the country’s coke…
South Cairo and Giza flour Mills launches $30 mln insurance policy
Egypt’s South Cairo and Giza Mills and Bakeries (SCFM.CA), a subsidiary of the Holding Company for Food Industries,…
Egyptian Tourism Federation tenders $12.6mn insurance policy
The Egyptian Tourism Federation has launched a call for tenders on a new insurance policy tailored for its assets…
Insurance Federation of Egypt raises contributions to Sisi’s fund to $376k
Insurance Federation of Egypt announced Thursday a decision to commit a third contribution to Long Live Egypt…
Alexandria tram operator launches $33.8 million insurance policy tender
The state-run Alexandria Passenger Authority (APTA) has launched a call for tenders on a new insurance policy…
AIG profit misses again as weak hedge fund returns weigh
American International Group Inc (AIG.N), under fire from investors to improve its performance, reported a…
UNDP extends partnership with Social Fund for Development in Egypt
United Nations Development Programme (UNDP) signed Thursday an agreement to extend its partnership with Egypt’s…
SFD allocates World Bank, EU funds for Egypt labour intensive project
Egypt’s Social Fund for Development (SFD) has allocated US$300 million for the country’s national Emergency Labour…
China regulator warns mainland residents against buying insurance products in Hong Kong
China's insurance regulator issued Friday a warning to mainland residents about purchasing insurance products in…
IMF’s Lagarde: debt relief for Greece critically important
Greece and its lenders have made some progress towards an agreement on reforms, but not enough to unlock new loans…