insurance

Egyptian banks to provide ‘Aman’ certificate for expats
Business

Egyptian banks to provide ‘Aman’ certificate for expats

Minister of Immigration and Egyptian Expatriates’ Affairs Nabila Makram announced in a press conference on Tuesday the establishment of an…
How frequent incidents of burning tourism launch boats negatively impact tourism?
Features/Interviews

How frequent incidents of burning tourism launch boats negatively impact tourism?

Frequent incidents of burning tourism launch boats during sea and diving trips has endangered the reputation of diving tourism and water…
Social Solidarity Ministry to provide citizens with disabilities financial support
Economy

Social Solidarity Ministry to provide citizens with disabilities financial support

For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada…
Govt approves 15% pensions increase to contain soaring prices
Egypt

Govt approves 15% pensions increase to contain soaring prices

Egypt’s Cabinet approved on Monday an additional package of LE43 billion for social security, which included an LE20 billion increase…
Egypt’s insurance future positive, thanks to untapped market: Moody’s
Business

Egypt’s insurance future positive, thanks to untapped market: Moody’s

Moody’s global credit rating agency has drawn a positive picture of the future of Egypt’s insurance market, saying that low…
Govt rumored to be planning withdraw from its share in pension funding
Business

Govt rumored to be planning withdraw from its share in pension funding

In 2006, the Egyptian Government caused a stir regarding its plans to pay for pensions through official statements touting its…
Climate-linked insurance a boon for poor farmers
World

Climate-linked insurance a boon for poor farmers

Poor farmers the world over are increasingly falling prey to natural disasters, droughts and torrential rain largely due to climate…
Terrorism insurance for Armed Forces, police in the works
Egypt

Terrorism insurance for Armed Forces, police in the works

President of the Egyptian Financial Supervisory Authority Sherif Samy has met with the president of the Insurance Federation of Egypt…
EFSA: Insurance companies assets surge LE59 bn
Business

EFSA: Insurance companies assets surge LE59 bn

The total assets of insurance companies surged to LE58.81 billion during the first quarter of 2015, up 11 percent from…
Insurance company premiums total LE5.4 bn in 11 months
Egypt

Insurance company premiums total LE5.4 bn in 11 months

Financial Supervisory Authority Chairman Sherif Samy said the premiums of new and renewed property insurances from January to November 2014…
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