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Financial Institutions
Suez Canal Non-life Insurance Posts 3.9% Increase In Premiums; H1, FY 2012/13
Suez Canal Non-life Insurance Company achieved premiums of EGP 213 million in the first half of FY 2012/2013,…
SFD To Offer EGP 1.5 Bln SME Finances In 2013
The Social Fund for Development (SFD) targets to offer finances worth EGP 1.5 billion in 2013 to small and medium…
SFD Receives US$ 5 Mln Grant From MENA Transition Fund
The Social Fund for Development (SFD) has received a grant worth US$ 5 million from MENA Transition Fund,…
AMIG Asks EFSA To Add Political Risks To Exports Insurance Policy
Arab Misr Insurance Group (AMIG) awaits the Egyptian Financial Supervisory Authority’s (EFSA) approval to add…
Egyptian Life Takaful Insures Alfa Ceramic’s Employees With EGP 147 Mln
The Egyptian Life Takaful Company signed a contract to insure the employees of Alfa Ceramic for a year with value…
Insurers Compete To Insure Egyptian Holding Company For Silos & Storage
Insurance companies are competing in a bid to insure the Egyptian Holding Company for Silos and Storage (EHCSS),…
AMIG Insures Middle East Glass Manufacturing Company With EGP 560 Mln
Arab Misr Insurance Group (AMIG) signed a contract to insure Middle East Glass Manufacturing Company (MEG) for a…
SFD Signs US$ 50 Mln Contract With Islamic Development Bank
The Social Fund for Development (SFD) signed a finance contract worth US$ 50 million last month with the Islamic…
Royal Insurance Offers MENA Submarine EGP 5 Mln Compensation
Royal Insurance Company has offered MENA Submarine Cable Systems, subsidiary of Orascom Telecom Holding,…
El-Morsi Hegazy Expects Signing IMF Deal Before Parliamentary Elections
The Egyptian government has sent the economic reform plan to the International Monetary Fund (IMF) last week to…