Egypt launches mutual fund to restructure hotel establishments: c.bank governor
Egypt has launched a new mutual fund designated to renew and renovate the hotel establishments in the country,…
Browsing Tag
mutual fund
Egyptian Life Takaful-GIG in talks to relaunch NBK bank’s fund
Egyptian Life Takaful Company – GIG seeks to relaunch the National Bank of Kuwait –Egypt’s (NBK Egypt) mutual fund…
IDB, EBRD mull SME fund launch for Egypt, 3 Arab states
The Islamic Development Bank (IDB) is studying establishing a mutual fund for the small and medium-sized…
Egypt’s Al-Ahly plans launch of stock fund before 2016-end
National Fund Management Company (Al-Ahly), the investment arm of Egypt’s biggest state lender National Bank of…
Egypt’s Premiere to finalise $32 million mutual fund late Q1
Egypt-based financial service company, Premiere Holding intends to finalise procedures to establish a new mutual…
Market regulator approves Suez Canal Insurance’s $6.4mn fund
Egypt's leading composite insurer, Suez Canal Insurance has obtained a regulatory approval to establish its cash…
Rasmala Egypt says to launch Banque Du Caire’s fund at end-March 2016
Rasmala Egypt Asset Management is to run Banque Du Caire’s anticipated mutual fund of capital worth 100 million…
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…
Suez Canal Insurance Preps for EGP50mn Initial Cap. Mutual Fund
Suez Canal Insurance Company is planning to launch a new equity mutual fund in the coming period, said managing…
Interview: Delta Insurance’s Life Arm Plans to Launch Mutual Fund Soon
Egypt’s Delta Insurance Company (Non-life) plans to launch soon its mutual fund, with an estimated capital worth…
Banque Du Caire to Select Manager of Its EGP100mn Fund Soon
Banque Du Caire has reached an advanced stage of talks before choosing one of five investment firms competing to…
Egypt’s Royal Insurance Assigns Credit Agricole to Receive its Underwrite EGP50mn
The Deputy Managing Director Finance at Royal Insurance Company, Ahmed Hosny said Royal has contracted with…
Delta Life Insurance’s Newest Mutual Fund Approved –Regulator
Egypt’s financial regulator announced Sunday the approval of Delta Life Insurance’s newest mutual fund. According…
GIG Insurance to Launch EGP50 million Mutual Fund Next Month
Egypt's Arab Misr Insurance Group (GIG) plans to launch by next month its second mutual fund, said head of…
Arab Insurance GIG May Attain EGP360mn Premiums by 2014-End
Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said the size of premiums which expected…
Banque Du Caire to Receive GIG Insurance Mutual Fund’s Subscriptions
Banque Du Caire is set to receive subscriptions on Arab Misr Insurance Group (GIG)'s second mutual fund, said head…
Misr Insurance Launches Mutual Fund with EGP100mn in June-End
Managing Director of Misr Insurance Company Adel Moussa said his company is planning launching mutual fund with…
Wethaq Takaful Eyes Capital Increase to Launch a Mutual Fund
Egypt's Wethaq Takaful Insurance will pump EGP 40 million to increase its capital to EGP 100 million within the few…
Total Investments of CIS-Egypt Up to EGP75mln in May
The total Investments value of Cooperative Insurance Society (CIS) reached around EGP75million at the end of May…
Egypt’s Ridge Capital to Launch Fund For Default Firms by Q4
Ridge Islamic Capital, a Sharia- compliant investment bank, is seeking to finalize within the fourth quarter of…
Cairo Capital Not To Start Mutual Fund of $156 Mln On Market Instability
Cairo Capital Group, has mentioned that it will not go through establishing the mutual fund of £ 100 million…