Banks INTERVIEW: Egypt’s EFG Hermes mulls move into insurance, mortgage sectors Amwal Al Ghad English Nov 26, 2018 0 Egyptian investment bank EFG Hermes is considering expanding into the insurance and mortgage sectors after…
Money AlexBank negotiating insurers for banker’s blanket bond policy Eslam Abdelhameed Nov 19, 2018 0 AlexBank, a member of Italian bank Intesa Sanpaolo, is speaking to insurers in Egypt about plans to launch its…
Money Egyptian Life Takaful GIG, UAE’s FAB reach bancassurance deal Eslam Abdelhameed Nov 11, 2018 0 First Abu Dhabi Bank’s (FAB) Egyptian unit, one of the largest foreign banks in the country, and Egyptian Life…
Money Orient Takaful to cover new project in Egypt’s new capital Eslam Abdelhameed Nov 6, 2018 0 Orient Takaful Insurance Company said on Monday it won a mandate to provide an insurance cover for the first phase…
Money Allianz reaches group life insurance deal with Egypt’s United Bank Eslam Abdelhameed Oct 28, 2018 0 Allianz Egypt, part of German insurer Allianz, signed on Thursday a group life insurance deal with Egypt’s…
Financial Institutions ‘Insurance gap’ threatens disaster-prone developing nations: Lloyd’s Amwal Al Ghad English Oct 22, 2018 0 Disaster-vulnerable developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when…
Financial Institutions Egypt looks to tap Asian debt markets under debt restructuring Amwal Al Ghad English Oct 13, 2018 0 Egypt is considering issuing bonds in currencies other than the euro and the U.S. dollar after launching a roadshow…
Feature Egypt may turn to hedging against wheat price spike Amwal Al Ghad English Sep 6, 2018 0 To cope with a sudden hike in wheat prices, the world’s biggest importing nation is considering an unusual tactic:…
Financial Institutions Egypt inks oil hedging deals with two banks – Reuters Amwal Al Ghad English Sep 4, 2018 0 Egypt has signed insurance contracts with two global banks to hedge against fluctuating global oil prices, a senior…
Financial Institutions Egyptians spending an average of $16 on insurance: IFE Alzahraa mostafa Aug 13, 2018 0 Average per capita spending on insurance in Egypt reached $16, making it rank 85th globally, the country’s…