7 insurers vying to cover Egypt-based Alexandria Sporting Club’s assets – sources
Seven insurance companies are competing to win an insurance policy tender to cover assets, properties, and…
Browsing Tag
Wethaq Takaful Insurance
Wethaq-Egypt’s insurance activity surplus hits $4.3 mln in FY2019
Wethaq Takaful Insurance-Egypt generated surplus from insurance activity of 70 million Egyptian pounds ($4.3…
Wethaq to insure Egypt investment authority’s assets
Cairo-based Wethaq Takaful Insurance has won an insurance policy bid to cover the assets of Egypt’s General…
Cairo metro to announce winner of marine cargo insurance tender on Tuesday
Egypt’s metro authority will announce the winner of its marine cargo insurance tender on Tuesday. Misr Insurance,…
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…
India’s GIC Re renews reinsurance deals with Egypt’s Wethaq Takaful
Egypt’s Wethaq Takaful Insurance has renewed its reinsurance treaties for 2016 with India-based the General…
Egypt’s Wethaq Takaful, India’s GIC Re seen renewal by mid-December
Egypt’s Wethaq Takaful Insurance starts talks to renew reinsurance treaties for 2016 with a number of global…
Wethaq Egypt wins Tourist Village Agency’s insurance policy
Egypt’s Wethaq Takaful Insurance has won a policy tender launched by the Tourist Villages Development Agency, an…
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…
Wethaq Takaful Egypt starts Regulatory Talks for $6.5mn Property Fund
Egypt’s Wethaq Takaful Insurance has started talks with the country’s market regulator, seeking to launch its first…
Wethaq Takaful Egypt eyes Launch of Two Real Estate Funds in 2016
Wethaq Takaful Insurance – Egypt plans to establish two real estate funds aimed to pump investments expected to…
Who’s Who in Egypt’s Reinsurance Company Constituent Committee
The committee to form Egypt’s first national reinsurance company will encompass 12 insurance firms alongside 3…
Wethaq Takaful to Start Reinsurance Renewal Talks with GIC India early December
Egypt’s Wethaq Takaful Insurance plans to start talks to renew reinsurance treaties with a number of global…
Wethaq Takaful Insurance: Q1 Premiums Hit EGP25 million
Egypt’s Wethaq Takaful Insurance registered 15% growth in premiums during first quarter of current fiscal year,…
Who’s Who: 12 Insurance Companies Invested in Second Suez Canal Project
Twelve insurance companies operating in Egyptian market have bought EGP 549 million worth of investment…
Wethaq Takaful Insurance Invests EGP17 million in New Suez Canal Certificates
Egypt’s Wethaq Takaful Insurance purchased today EGP 17 million worth of investment certificates to fund the new…
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…
2 Insurance Firms Agree to Contribute in Establishing Reinsurance Co
Senior sources in the Insurance Federation of Egypt revealed that Iskan Insurance and Suez Canal Life Insurance…
Wethaq Takaful To Increase Capital To EGP 60 Mln Next March
Wethaq Takaful Insurance Company plans to increase its capital from EGP 55.5 million to EGP 60 million next March.…
Wethaq Takaful In Talks With Reinsurers To Renew Contracts
Wethaq Takaful Insurance Company is conducting negotiations with foreign reinsurers to renew reinsurance agreements…
Wethaq Takaful Insures Two Drillers With 160 Mln
Wethaq Takaful Insurance Company signed engineering insurance contract to insure two drillers for a year with more…
Wethaq Takaful Insures Paint Company’s Employees With EGP 650,000
Wethaq Takaful Insurance Company signed medical insurance contract to insure the employees of a paint company for a…
Wethaq Takaful Reported EGP 200,000 Insurance Surplus Increase In Q1
Wethaq Takaful Insurance Company achieved an increase of EGP 200,000 in insurance surplus in Q1 of FY 2012/2013.…
Wethaq Insurance’s New Branch In Nasr City Costs EGP 500,000
Abdel Aziz Labib, financial director of Wethaq Takaful Insurance Company, said the costs of developing and…
Insurance Companies Compete Over Al-Sheikh Zayed’s Tender
An official source has revealed that 3 insurance companies are waiting for tender’s financial envelopes to be…
Wethaq Eyes EGP 7 Mln Net Profit In FY 2012/2013
Wethaq Takaful Insurance Egypt targets achieving net profit of EGP 7 million in the next FY 2012/2013. Shareholders…
Wethaq Amends Fire Insurance Policy
Wethaq Takaful Insurance intends informing Egyptian Financial Supervisory Authority with the latest amendments of…