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Financial Institutions
IMF Plans Discuss of Egypt’s Economic, Fiscal Policies on November 11
The International Monetary Fund (IMF) mission will start on November 11 its consultations in Cairo, under Article…
Wethaq Takaful Insurance: Q1 Premiums Hit EGP25 million
Egypt’s Wethaq Takaful Insurance registered 15% growth in premiums during first quarter of current fiscal year,…
Arab Orient Takaful Wins an Insurance Policy for Key Foreign Bank in Egypt
Egypt’s Arab Orient Takaful Insurance company has won an insurance policy for one of the biggest foreign banks…
SFD-Egypt Pumps EGP1.3bn Finance for Small Projects in 9 Months
Social Fund for Development (SFD) pumped EGP1.3 billion finance for small projects in the first 9 months of this…
Egyptian Takaful to Apply Bancassurance Activity via Bank Audi in November
Managing Director of Egyptian Takaful Life Insurance Company Hisham Abdel Shakour said his company is seeking…
Mohandes Insurance Egypt Records EGP60mn Premiums in Q1
Chairman of the Board of Directors of Mohandes Insurance Company Mohamed Ahmed Lotfy said his company succeeded in…
Egypt SFD Eyes $91mn Financing from UN’s IFAD
Egypt’s Social Fund for Development (SFD) has entered talks with the International Fund for Agricultural…
Egypt’s Watchdog Approves Mohandes Life Insurance’s Launch
Egypt’s market regulator approved Mohandes Insurance Company’s request to launch its new subsidiary for Life…
GIG, Hannover Re to Start Reinsurance Treaty Renewal Talks Next Month
Egypt’s Arab Misr Insurance Group (GIG) plans early November to start talks to renew reinsurance agreements for one…
IMF Cuts Egypt’s Growth Forecast Citing Concerns on Tourism Revenues
The International Monetary Fund cut its growth forecast for the Egyptian economy on the back of security concerns…