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Financial Institutions
Misr Insurance wins Alex-based fertilisers firm’s $255mn policy bid
The leading insurer in MENA region, Misr Insurance Company wins a policy bid to insure the assets, facilities,…
Moody’s: Saudi Arabia, China financial support is ‘credit positive’ for…
The recent pledges for financial support by Saudi Arabia and China to Egypt are credit positive for the country as…
Iskan Insurance says investments surged to $25.2 million in FY2014-15
The investment portfolio of Cairo-based Iskan Insurance Company reached 197.2 million Egyptian pounds (US$25.2…
Misr Insurance wins Alex-based petrochemical firm’s $383mn policy bid
The leading insurer in MENA region, Misr Insurance Company has won a policy bid to insure the assets, premises,…
Orient Takaful wins UNB-Egypt’s $63.8 million insurance policy bid
Egypt’s Orient Takaful Insurance Company has renewed an insurance coverage agreement with the Union National…
Misr Insurance wins Ethylene producer Ethydco’s $1.9 billion policy bid
The leading insurer in MENA region, Misr Insurance Company has won a policy bid for Egyptian Ethylene and…
Darling of Davos, Christine Lagarde has second IMF term sewn up
The darling of the Davos political and financial elite, Christine Lagarde has a second term at the helm of the…
IMF’s Lagarde says markets need clarity on China currency
Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the…
IMF’s Lagarde: migrants can boost EU growth, if states share burden
An influx of refugees into Europe need not harm its economy, provided there is an EU agreement on distributing…
Africa Retakaful: 9-month premiums hit $27 million in Egypt
African Takaful Reinsurance Company (Africa Retakaful), a subsidiary of Africa Reinsurance Corporation, has…