Wethaq Egypt to launch property fund next November
Egypt’s Wethaq Takaful Insurance is to launch its first real estate fund during upcoming general assembly scheduled…
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Egyptian Financial Supervisory Authority
AXA: Insurers’ greater presence ‘pivotal’ to insure foreign investments in Egypt
French insurance group AXA’s Deputy CEO Denis Duverne stresses the importance of expanding into the Egyptian…
AXA’s Egypt portfolio to hit 1.5bn Egyptian pounds in 3 years
French AXA Insurance Company is to invest some one billion Egyptian pounds (US$127.7 million) in their first year…
Kuwait’s ABK exempted from submitting mandatory offer for Piraeus Egypt unit
Egypt’s watchdog has exempted Al Ahli Bank of Kuwait (ABK) from submitting a mandatory tender offer to a 98.49…
Kuwait’s Al Ahli gets Egypt regulatory approval to buy Piraeus unit
Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire a…
Iskan Insurance eyes regulatory approval over new mutual fund
Cairo-based Iskan Insurance Company is considering starting talks with the country's market regulator so as to…
Central Bank of Egypt approves Kuwaiti Al Ahli’s Piraeus Egypt Takeover
Kuwait's Al Ahli Bank received approval from the Egyptian central bank (CBE) to buy Piraeus Bank's unit in the…
Egypt’s Insurance Firms pay $817mln Compensations in Q1
The total volume of compensations paid by insurance firms working in Egyptian market hit EGP 6.442 billion (US$…
Insurance Companies Capitals hit $762 mln: EFSA
The total volume of Insurance companies' capitals has increased to 5.917 billion Egyptian pounds (US$ 762 million)…
Kuwait’s Al Ahli to change Piraeus Bank Egypt’s Brand by end 2015
Kuwait's Al Ahli Bank (ABK) aims to change the brand of Piraeus Bank Egypt after getting the approvals of Egypt's…
