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Financial Institutions
S&P Sounds Warning on Chinese Property Sector, Russian Banks
Credit rating agency Standard and Poor's said on Wednesday that China's over-priced and over-supplied property…
Wethaq Takaful to Start Reinsurance Renewal Talks with GIC India early December
Egypt’s Wethaq Takaful Insurance plans to start talks to renew reinsurance treaties with a number of global…
Banque Misr, SFD in Talks over EGP100mn Microfinance Contract
Banque Misr is currently holding talks with the Social Fund for Development (SFD) over an EGP 100 million contract…
Egypt Investment Ministry Offers Insurers EGP500mn Insurance Policy Tender
The insurance companies operating in the Egyptian market are currently facing off to win an insurance policy in…
Suez Canal Life to Start Reinsurance Renewal Talks with 3 Companies
Egypt’s Suez Canal Life Insurance Company intends to start negotiations to renew agreements with three global…
S&P Affirms Egypt’s Credit Rating at B-/B, with ‘Stable’ Outlook
The global rating agency Standard & Poor's (S&P) has affirmed Egypt’s credit rating at B-/B, with Stable…
Interview: Delta Insurance’s Life Arm Plans to Launch Mutual Fund Soon
Egypt’s Delta Insurance Company (Non-life) plans to launch soon its mutual fund, with an estimated capital worth…
Egyptian Takaful Insurance Records EGP10mn Premiums in Petroleum Sector
General Manager of Reinsurance at Egyptian Takaful (Property and Liability) Company Mr . Hamed Mahmoud revealed…
IMF Mission to Visit Egypt Today for Assessment
A mission from the International Monetary Fund will arrive in Egypt on Wednesday to begin "article IV"…
Visa, SFD ink Protocol to Support Egypt’s Small, Micro Projects
Egypt’s Social Fund for Development (SFD) signed Tuesday a protocol on cooperation with the world's leading payment…