AIG Egypt wins int’l animal health company’s $32mn policy bid
AIG Egypt Insurance, part of American International Group, Inc. (AIG), has won a policy bid to insure the assets…
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China’s Anbang to acquire Strategic Hotels for $6.5 billion
China's Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc for around $6.5 billion, as…
Wethaq Takaful wins Egyptian property developer’s $12.7mn policy bid
Egypt’s Wethaq Takaful Insurance has won a policy bid to insure the administrative buildings and vehicles owned by…
Egypt raises stake in International Islamic Trade Finance Corp’s capital
Egyptian Cabinet has endorsed Wednesday a plan to raise the country’s stake in the International Islamic Trade…
Suez Canal Insurance wins Cairo Metro Line I’s $34mn policy bid
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid launched for Cairo Metro Line…
Misr Insurance renews Al Mansour Automotive’s $229k medical insurance policy
The leading insurer in MENA region, Misr Insurance Company has renewed a medical insurance policy deal with one of…
Misr Insurance wins Suez Steel’s $1.4 billion policy bid
The leading insurer in MENA region, Misr Insurance Company has won a policy bid to insure Suez Steel Company…
Moody’s: Egypt’s USD certificates ‘positive’, but ‘insufficient to quell liquidity…
The sale of US certificates for sale to Egyptian expatriates will increase the three government-owned banks’ dollar…
IMF to identify holdings of China’s yuan in reserves surveys
The International Monetary Fund said on Friday it will separately identify China's yuan currency in its official…
Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks
Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing…