Egypt offers to reduce compensation claim for Suez Canal blockage
Egypt offered to cut claims by a third for compensation from owners of the giant container ship Ever Given that…
Browsing Tag
Compensations
Egypt’s Delta Life Assurance pays $8.2mn compensations in FY2019 – sources
Egyptian Delta Life Assurance has paid total compensations up to 133.3 million Egyptian pounds ($8.2 million) to…
Four contractors get $39 mln in compensations – Egypt’s EFCBC
Four construction firms have received 700 million Egyptian pounds ($39.1 million) in compensations from four…
Kuwaiti EMAC to win infrastructure mandates in Egypt’s new capital
EMAC Contracting, affiliated to Kuwait’s Al Kharafi and Sons Group, plans to win a mandate to execute a number of…
Egypt’s construction firms seize 1.1 bln pounds compensations in 2018
Egypt’s three construction firms have captured compensations worth 1.1 billion Egyptian pounds ($21.1 million)…
Egypt’s state-run construction firms receive 200 mln pounds dues at end-2017
A number of Egypt’s construction firms have received a part of its financial dues worth around 200 million Egyptian…
China Hyundai dealers seek up to $135mn in compensation
A group of 30 Hyundai Motor Co (005380.KS) dealers in China plans to seek 800 million-900 million yuan ($120…
General Motors escapes some claims from 2014 recalls
A U.S. judge on Friday dismissed some claims brought against General Motors by customers seeking compensation for a…
Misr Insurance pays $1.35 mln compensations for drugmaker Pharco
The leading insurer in MENA region, Misr Insurance Company, has paid the Egyptian drugmaker Pharco Pharmaceuticals…
Compensations of Egypt’s Takaful insurance firms hit $63mn in 10 months- EFSA
The Takaful insurance companies working in the Egyptian market have paid compensations estimated at 494.8 million…
Investments of Egyptian insurance firms rise 14.6 pct- Minister
The total investments of Egyptian insurance firms increased 14.6 percent, recording 48.5 billion Egyptian pounds…
Misr Insurance attains $600mln Premiums in FY 2014-15
Misr Insurance Company - Non-life obtained premiums worth EGP 4.701 billion(US$600 million) within the fiscal…
Egypt’s Insurance Firms pay $817mln Compensations in Q1
The total volume of compensations paid by insurance firms working in Egyptian market hit EGP 6.442 billion (US$…
Africa Re: 2014 Total Investments hit US$893 million
The African Reinsurance Corporation (Africa Re) registered a growth in total investments to US$893 million by end…
Egypt: Families of ISIS Victims to receive US$26183.8 in Compensation
Families of 21 Copts killed in Libya by Islamic State militants will be offered 200.000 Egyptian pounds ($3280) in…
Egyptian Takaful Insurance ‘Property’ Attains EGP25mn Profits in 6 Months
Egyptian Takaful Insurance Property's profits increased by 47.9% to become EGP25 million at the end of June 2014 in…
EFSA Says EGP12.2bln Premiums of Insurance Companies in 2013
The Egyptian Financial Supervisory Authority (EFSA) announced that the insurance companies which operating in the…