The total Investments value of Cooperative Insurance Society (CIS) reached around EGP75million at the end of May …
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Managing Director
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Financial Institutions
Africa Re Expands in Brazil Via Contracting with IRP-Brasil
by Salma Aymanby Salma AymanAfrica Reinsurance Corporation (Africa Re) has recently expanded in the Brazilian market in accordance with the cooperation …
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Egypt-based Acumen Holding seeks boosting its capital from EGP30million to EGP50million for the implementation of the company’s …
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Financial Institutions
Mohandes Insurance Egypt Names Reda Fathy New MD :Sources
by Salma Aymanby Salma AymanMohandes Insurance Company (MOIN) named Reda Fathy to be its new Managing Director in place of Mohamed …
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Financial Institutions
Royal Insurance to Inaugurate 2 Branches in Sharm El Sheikh and Suez
by Salma Aymanby Salma AymanRoyal Insurance-Egypt is planning expanding geographically within the upcoming period in the Egyptian market via inaugurating two …
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Financial Institutions
Arab Insurance GIG Attains EGP278mln Underwriten Premiums in FY13/14
by Salma Aymanby Salma AymanArab Misr Insurance Group (GIG) succeeded in attaining EGP278million as a total value of underwritten premiums within …
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Egypt News
Egypt’s Umployment Rate May Exceed 13% by 2015; Says IMF Chief
by Salma Aymanby Salma AymanThe Managing Director of International Monetary Fund (IMF) Christine Lagarde said the Egyptian economy rose by 4.1% …
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Banks
Misr Iran Bank Hits EGP2.5bln T-Bills and Firms Investments in Q1
by Salma Aymanby Salma AymanMisr Iran Development Bank registered EGP2.5 billion as total investments for treasury-bills and firms within the first …
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Financial Institutions
Al-Sharq Insurance Brokerage Assigns Policy for Horas Plant with EGP250m
by Salma Aymanby Salma AymanAl-Sharq Insurance Brokerage Company assigned to renew the insurance policy of Horus Pharmaceutical plant which affiliated to …
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Financial Institutions
Arab Misr Insurance-GIG Awaits A.M. Best’s Re-Evaluation by June
by Salma Aymanby Salma AymanArab Misr Insurance Group (GIG) is waiting for re-evaluation “AM Best” Foundation to its credit rating by …