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Financial Institutions
Arab Misr Insurance (GIG) Says EGP443.5 mln Investments in Dec-End2013
Mohamed Nagah Nour, Head of Investment Sector at Arab Misr Insurance Group (GIG) said the investment portfolio of…
Egypt Sells $1.070 bln in One-Year Dollar-Denominated T-bills
The Egyptian government accepted bids for $1.070 billion worth of one-year dollar-denominated treasury bills at an…
4 Approvals Received to Establish Egypt’s First Reinsurance Firm
Senior sources revealed that the Insurance Federation of Egypt received an initial approval from 4 companies in…
Delta Insurance Renews Reinsurance Accords with Munich Re, Swiss Re
Delta Insurance Company has recently renewed its reinsurance agreements with Munich Re and Swiss Re, the company’s…
Arab Orient Takaful Eyes Premiums Amounting to EGP300mn in 3 Years
Arab Orient Takaful Insurance Company is targeting premiums amounting to EGP 300 million within the next three…
Egyptian Takaful Insurance Aims EGP28 mln Surplus Profits By June 2016
Ahmed Arfeen - Managing Director at the Egyptian Takaful Insurance (Properties) revealed that his company put…
IMF Planning to Raise Growth Forecasts: Lagarde
The International Monetary Fund (IMF) is planning to raise its global growth forecasts, amid increased optimism…
Arab Orient Takaful Renews Reinsurance Accords with Scor RE
Arab Orient Takaful Insurance Company has recently renewed reinsurance agreements for the current year, the…
Egypt Sees 3.5% Economic Growth in FY13/14 – Minister
Egyptian Minister of Planning Dr. Ashraf Al-Araby Says said the government is targeting 3.5% economic growth this…
Arab Misr Insurance- GIG Captures ‘Down Town’ Policy with EGP400 mln
Walid Sayed Moustafa, deputy general manager of Arab Misr Insurance Group (GIG) asserted that his company succeeded…