Banks Kuwait’s Al Ahli gets Egypt regulatory approval to buy Piraeus unit Yomna Yasser Aug 20, 2015 0 Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire a…
Financial Institutions Iskan Insurance eyes regulatory approval over new mutual fund Yomna Yasser Aug 9, 2015 0 Cairo-based Iskan Insurance Company is considering starting talks with the country's market regulator so as to…
Banks Central Bank of Egypt approves Kuwaiti Al Ahli’s Piraeus Egypt Takeover Yomna Yasser Aug 5, 2015 0 Kuwait's Al Ahli Bank received approval from the Egyptian central bank (CBE) to buy Piraeus Bank's unit in the…
Financial Institutions EFSA ratifies $255mn-investments for Private Insurance Funds Noha Gad Jul 11, 2015 0 Egyptian Financial Supervisory Authority (EFSA) has endorsed investments worth EGP2 billion (US$ 255.3 million) for…
Financial Institutions Arab Misr Insurance eyes $61mln-premiums by end FY 2015-16 Noha Gad Jul 8, 2015 0 Arab Misr Insurance Group (GIG) targets boosting the volume of its total premiums to reach EGP 480 (US$…
Financial Institutions Egypt’s First Microfinance Union names Mona Zulficar as Chairman Noha Gad Jun 23, 2015 0 The first Egyptian Union of Microfinance has elected Mona Zulficar- Chairman of Al Tadamun Microfinance Foundation-…
EGX Egypt takes part in IOSCO’s 40th Annual Conference in London Yomna Yasser Jun 14, 2015 0 Egypt’s market regulator is taking part in the 40th Annual Conference of the world's largest organisation of…
Financial Institutions Wethaq Takaful Egypt starts Regulatory Talks for $6.5mn Property Fund Yomna Yasser Jun 14, 2015 0 Egypt’s Wethaq Takaful Insurance has started talks with the country’s market regulator, seeking to launch its first…
EGX Capitals of EGX-listed Firms hit $3 billion in 4 Months – EFSA Noha Gad Jun 9, 2015 0 The total increase in capitals of listed firms in the Egyptian Exchange (EGX) reached EGP21.5 billion(US$…
EGX UAE’s Abraaj withdraws Egyptian Affiliate IPO on Cairo Bourse – Paper Yomna Yasser May 21, 2015 0 UAE’s Abraaj Capital, the Middle East's largest private equity firm, has decided to give up initial public offering…