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Financial Institutions
Alpha Capital to Run Wethaq Takaful Egypt’s EGP50mn Mutual Fund
Alpha Capital Holding (AC) has been chosen to manage Wethaq Takaful Insurance – Egypt's launched-to-be mutual fund,…
Sisi’s Government to Borrow EGP6 billion Tomorrow
Egyptian Ministry of Finance will launch Sunday new short term Treasury bills (T-bills) worth 6 billion Egyptian…
Egyptian Takaful Life Attains EGP233mln Premiums at June
Managing Director of Egyptian Takaful Company (Life) Hisham Abdel Shakour said his company succeeded in attaining…
Suez Canal Wins €30mn Insurance Policy
Egypt's Suez Canal Insurance (SCI) will provide insurance cover for one of the contracting companies specialized in…
Gras Savoye Egypt Eyes EGP50mn Premiums from Branches Abroad
Gras Savoye Insurance Broker - Egypt is targeting US$50 million premiums collected by its branches abroad within…
SFD-Egypt Pumps EGP20m to Convert 4000 Vehicles to Work on Natural Gas
Social Fund for Development (SFD) has pumped EGP20million finance in favor of project to convert vehicles to work…
Arab Misr Insurance Group GIG Attains EGP367mn Premiums in FY13/14
Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said his company succeeded in attaining…
Gras Savoye to Open Offices in Qatar and Oman Next Month
The leading insurance broker Gras Savoye is targeting new expansions in the Arab world within next month, said…
CIS Pays EGP15mn from Loan’s Value of SFD, Misr Insurance Holding
Managing Director of Cooperative Insurance Society (CIS) Refky Lotfy Rashed revealed that his society paid…
Egypt Cuts Bond Sale as Investors Drive Yields to 1-Year High
Egypt issued less than a fifth of the debt it planned to sell as investors’ demand for yield raised borrowing costs…