The Egyptian Mortgage Refinance Company (EMRC) intends to enter bonds market for the first time with initial …
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Financial Institution
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Financial Institutions
Egyptian pilgrim fatalities’ compensations to reach $622.5k – Insurer
by aya salahby aya salahFamilies of pilgrims killed in the recent Mecca stampede are to receive compensations ranging between 5-7 million …
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Financial Institutions
Egyptian insurance companies’ premiums rose 17.7% in 8 months
by aya salahby aya salahInsurance companies in Egypt have registered a growth rate of 17.7 percent in premiums to record 11.42 billion …
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Egypt’s Social Fund for Development (SFD) is to hold a high-profile conference inviting more than 29 global …
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Financial Institutions
Egypt: Takaful insurance firms’ compensations hit $48mn in 7 months
by aya salahby aya salahTakaful insurance companies operating in the Egyptian market had paid compensations worth 388.5 million Egyptian pounds (US$48 …
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Financial Institutions
Egypt to delay second international bond issuance – minister
by aya salahby aya salahEgypt will delay its second international bond issuance, which was initially scheduled for November, the finance minister …
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The leading insurer in MENA region, Misr Insurance Company has recorded first quarter premiums totalling 1.034 billion …
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Financial Institutions
Investments of Egyptian insurance firms rise 14.6 pct- Minister
by Noha Gadby Noha GadThe total investments of Egyptian insurance firms increased 14.6 percent, recording 48.5 billion Egyptian pounds (US$6.1 billion) …
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Financial Institutions
Orascom Telecom, Act Financial seek 100 pct of Beltone Financial
by Noha Gadby Noha GadOrascom Telecom Media and Technology and Act Financial are seeking to acquire 100 percent of Egypt-based financial …
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Financial Institutions
China forex regulator says stepping up graft risk controls
by Noha Gadby Noha GadChina’s foreign exchange regulator is stepping up its risk controls against corruption, it said in a statement …