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Financial Institutions
Tanmeyah Microfinance Egypt Gets EGP420 Loan from EGB
Tanmeyah Micro Enterprise Services has obtained EGP420 million total funds from Egyptian Gulf Bank (EGB) and it is…
Egyptian Takaful Insurance Eyes EGP410mn Investments in FY14/15
Managing Director of the Egyptian Takaful Insurance Company (Property) Ahmed Arfeen revealed that his company eyes…
Loans Portfolio of Tanmeyah Microfinance Egypt up EGP325mln at May
The value of loans portfolio of Tanmeyah Micro Enterprise Services reached EGP325 million at the end of May, Amr…
Africa Re allocates 2% of Profits to the Social Responsibility Fund
The African Reinsurance Corporation (Africa Re)'s General Assembly approved in its latest meeting held Thursday,…
2 Egyptian Banks, MIC plan EGP100mn Co. for Mortgage Lease
Misr Insurance Holding Company Chairman Dr. Mohamed Youssef revealed that Blom bank and Egyptian Gulf bank (EGB)…
Gulf Insurance Group Eyes Boosting its Stake to 60% in Egyptian Takaful
Managing Director at the Egyptian Takaful Insurance (Properties) Ahmed Arfeen revealed that Gulf Insurance Group…
Africa Re Endorses 5-Year Expansion Plan, to Open new HQ in Sudan
The African Reinsurance Corporation (Africa Re)'s board of directors endorsed a five-year strategy (2014 - 2019) to…
SFD Egypt Disburses EU’s $50mn Grant for Labor-Intensive Project Next Week
Egypt's Social Fund for Development (SFD) will start disbursing an US$100 million grant from the European Union…
Banque Du Caire to Receive GIG Insurance Mutual Fund’s Subscriptions
Banque Du Caire is set to receive subscriptions on Arab Misr Insurance Group (GIG)'s second mutual fund, said head…
Africa Re’s Rating Likely to be Raised to ‘a’
The credit rating of the African Reinsurance Corporation (Africa Re) is expected to be raised to "A" within the…