Browsing Category
Financial Institutions
IMF lays out hurdles to yuan as reserve currency
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF)…
AXA profit surge 2%, helped by weaker euro
AXA SA CS reported Tuesday a 2% rise in net profit in the first half of the year, helped by a weaker euro. Europe's…
SFD eyes Small Enterprises Licence Unit in Suez Canal’s HQ
Egypt's Social Fund for Development (SFD) is ready to establish a licence unit for the small enterprises in Suez…
Misr Insurance attains $600mln Premiums in FY 2014-15
Misr Insurance Company - Non-life obtained premiums worth EGP 4.701 billion(US$600 million) within the fiscal…
Arab Misr Insurance’s Investment Portfolio hit $67mln end June
Arab Misr Insurance Group's (GIG) investment portfolio reached 522.7 million Egyptian pounds (US$66.7 million) at…
Egypt’s Insurance Firms pay $817mln Compensations in Q1
The total volume of compensations paid by insurance firms working in Egyptian market hit EGP 6.442 billion (US$…
Insurance Companies Capitals hit $762 mln: EFSA
The total volume of Insurance companies' capitals has increased to 5.917 billion Egyptian pounds (US$ 762 million)…
Wethaq Takaful Total Assets rise by 13.1% end FY 2014-15
Egypt's Wethaq Takaful Insurance's total assets have been increased by 13.1% at the end of fiscal year 2014-15,…
SFD Egypt in Talks with World Bank over US$25.5mln-fund
Egypt's Social Fund for Development (SFD) negotiates with the World Bank Group for a fund worth EGP200 million…
Egyptian Takaful Property eyes $63mln-investments by end 2016
The Egyptian Takaful Insurance Company (Property) targets achieving investments worth 490 million Egyptian pounds…