Market regulator, Egyptian Financial Supervisory Authority (EFSA) is studying a new bid from Gulf investors willing to …
Tag:
AXA
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Financial Institutions
French AXA Insurance pumps $6.8 million into CIL Egypt’s capital
by Yomna Yasserby Yomna YasserFrench insurance group AXA has completed pumping 60 million Egyptian pounds ($6.8 million) into its recently-acquired Commercial …
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Financial Institutions
AXA to reduce costs to boost earnings by 3%-7%
by Yomna Yasserby Yomna YasserFrench Insurance giant AXA released Tuesday its strategic plan for the next four years, saying it will …
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Financial Institutions
AXA France CEO Nicolas Moreau to step down in June
by Yomna Yasserby Yomna YasserFrench insurer AXA SA CS said Wednesday the head of its French operations, Nicolas Moreau, will leave …
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Financial Institutions
Sawiris, Kanoo, IFC ink deal to acquire shares of AXA Investment Egypt
by Yomna Yasserby Yomna YasserThe Egyptian branch of the French company AXA Investment signed Monday a preliminary agreement with two companies …
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Financial Institutions
French AXA expands property and casualty business in Africa with Lloyd’s
by Yomna Yasserby Yomna YasserFrance’s AXA unveiled a joint venture in Africa with Lloyd’s of London insurer Chaucer, seeking to enter …
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French insurance giant AXA SA announced Monday that its Chairman and Chief Executive Henri de Castries will …
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Financial Institutions
French AXA Insurance gets regulatory approval to buy Egypt’s CIL
by Yomna Yasserby Yomna YasserFrench insurance group AXA received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire 100 percent …
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Financial Institutions
AXA: Insurers’ greater presence ‘pivotal’ to insure foreign investments in Egypt
by Yomna Yasserby Yomna YasserFrench insurance group AXA’s Deputy CEO Denis Duverne stresses the importance of expanding into the Egyptian insurance …
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Financial Institutions
AXA’s Egypt portfolio to hit 1.5bn Egyptian pounds in 3 years
by Yomna Yasserby Yomna YasserFrench AXA Insurance Company is to invest some one billion Egyptian pounds (US$127.7 million) in their first …