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Financial Institutions
Egypt’s health insurance premiums hit $119 million in June 2014
Health insurance premiums in Egypt have surged to 934 million Egyptian pounds (US$119 million) by the end of June…
4th Regional Forum for Medical Insurance and Healthcare kicks off in Cairo
The Fourth Regional Forum of Medical Insurance and Healthcare has kicked off in Cairo Sunday, organised by the…
Cabinet endorses Kuwait fund’s loan for Egypt-Saudi power link
Egyptian Cabinet approved Thursday a loan agreement with Kuwait Fund for Arab Economic Development (KFAED) to…
SFD in talks with Bank Audi-Egypt over $4mn-contract for SMEs
Egypt's Social Fund for Development (SFD) is negotiating with Bank Audi –Egypt on new contract estimated at 30…
Tokio Marine Egypt eyes $11mn premiums by end-June
Tokio Marine Egypt General Takaful eyes boosting premiums volume by 56.4 percent during the fiscal year 2015-16 to…
Compensations of Egypt’s Takaful insurance firms hit $63mn in 10 months- EFSA
The Takaful insurance companies working in the Egyptian market have paid compensations estimated at 494.8 million…
Alexandria Business Association injects $140mn for micro enterprises in 2015
Alexandria Business Association (ABA) has pumped 1.1 billion Egyptian pounds (US$140.4 million) 345,000 loans for…
Egyptian Takaful Property wins Egypt GAFI’s $89mn insurance policy bid
Egyptian Takaful Property and Liability Insurance (EGTAK) has won an insurance policy bid launched by the country’s…
SFD Egypt, IDWBE and PBDAC banks to sign $12.7mn finances in Q1
Egypt’s Social Fund for Development (SFD) plans to sign funding contracts worth 100 million Egyptian pounds…
Sisi’s fund to establish $255mn holding company for SMEs
The Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national…