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Financial Institutions
Gras Savoye Egypt to Open up a New Branch in Kuwait by July
Gras Savoye Egypt – Insurance Broker plans to open up its new branch in the Arab region, in Kuwait next month, said…
Arab Orient Takaful Insurance Opens New Subsidiary in Heliopolis
Arab Orient Takaful Insurance has inaugurated new subsidiary in Masr El Gedida 'Heliopolis' for customers services,…
SFD Egypt in Talks with 3 Global Lenders over USD85 mln Loans and Grants
Egypt's Social Fund for Development (SFD) is currently holding talks with 3 international financial institutions…
Egyptian Firms’ Mortgage Finance Surged to EGP4.4bn in March: EFSA
Egyptian General Supervisory Authority (EFSA) Chairman Sherif Samy said the granted mortgage from mortgage finance…
Misr Insurance Launches Mutual Fund with EGP100mn in June-End
Managing Director of Misr Insurance Company Adel Moussa said his company is planning launching mutual fund with…
Takaful Life Insurance Awaits CBE’s Approval for Protocols with 3 Banks
Egyptian Life Takaful Insurance Company awaits the approval of the Central Bank of Egypt (CBE) in order to start…
Royal Insurance Egypt’s Assembly Approves Launching EGP50m Mutual Fund
Royal Insurance Egypt's shareholders approved during general assembly meeting to found mutual fund, with an initial…
Six Local Insurers Compete for Cairo Airport’s $600mn Insurance Policy
Six Egyptian insurance companies are competing to win the tender announced by Cairo International Airport about…
CBE Requests EGP35 bln from Banks at 45th Deposit Operation Bid
Egypt’s Central Bank (CBE) requested today 35 billion Egyptian pounds of domestic surplus liquidity from local…
Wethaq Takaful Eyes Capital Increase to Launch a Mutual Fund
Egypt's Wethaq Takaful Insurance will pump EGP 40 million to increase its capital to EGP 100 million within the few…