Featured Egypt’s insurance premiums soar 34% YoY at June-end – FRA chair Yomna Yasser Jan 20, 2025 0 Egypt’s Financial Regulatory Authority (FRA) reported on Monday a 34 per cent year-on-year growth in total…
Featured Egypt’s FRA raises minimum capital requirements for insurance companies Yomna Yasser Jan 19, 2025 0 Egypt’s Financial Regulatory Authority (FRA) has issued on Sunday a new decree to strengthen the financial solvency…
Featured Egypt launches first microinsurance company Yomna Yasser Oct 3, 2024 0 A groundbreaking partnership signed on Thursday between Post for Investment Company and AXA Egypt has resulted in…
Featured EBRD invests €5m in first Tier 3 subordinated bond by Slovenia’s Sava Re Aya El Sayed Oct 2, 2024 0 The European Bank for Reconstruction and Development (EBRD) is investing €5 million in the inaugural debt capital…
Featured S. Arabia’s GDP down by 0.3% in Q2 ’24 Aya Anwar Sep 8, 2024 0 Saudi Arabia’s real GDP declined by 0.3 per cent in Q2/2024, while seasonally adjusted GDP increased by 1.4 per…
Egypt News Egypt delivers free medical care for 3.3m people in ’22 Nada Ali Apr 7, 2024 0 Egypt provided free-of-charge medical care for over 3.3 million people in 2022, at a total cost of 14.4 billion…
Featured Egypt mulls issuing bonds in UAE, India currencies Aya El Sayed Jan 29, 2024 0 The Egyptian government is considering issuing bonds in Emirati dirhams, Indian rupees, and Hong Kong dollars for…
Featured $95bln insurance losses from natural disasters in ’23 Aya El Sayed Jan 9, 2024 0 Natural disasters, including earthquakes in Turkey and Syria and storms in the United States, resulted in an…
Featured Ericsson targets 50% of mobile wallets in Africa Aya Anwar Jan 9, 2024 0 Ericsson AB, a manufacturer of 5G networks globally, is expanding a financial technology company that facilitates…
Africa News Afreximbank signs $10 million facility deal with Zambia’s IGI Nada Ali and Sama Mousa Nov 12, 2023 0 The African Export–Import Bank (Afreximbank) has signed on Sunday a $10 million facility agreement with Zambian…