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Misr Life Insurance and NSB ink bancassurance agreement

 Basel El Hini, MIHC’s chairperson and managing director said that the company is working to develop insurance products for customers, through developing products’ promotional mechanisms at the current stage, to keep pace with global and technological developments in the insurance industry.

Daily News Egypt

InsurTech Egypt promotes insurance technology, launches its first hackathon “InsurHack”

Germany’s development agency GIZ, on behalf the German government, announced the launch of “InsurTech Egypt” platform initiating “InsurHack”, the first insurance technology hackathon – a design sprint-like event – in Egypt, which tackles challenges that face the insurance industry. According to the Financial Regulatory Authority, the insurance industry is estimated to represent almost 0.91% of …

Daily News Egypt

Egypt Automotive summit to kick off 10 December

Under the patronage of Prime Minister Mostafa Madbouly, the 6th annual Egypt Automotive summit will be held in Cairo on 10 December in the presence of the Ministries of Industry and Trade, Finance, Military Production, and Public Enterprise Sector.

Daily News Egypt

Crédit Agricole Egypt and PAS sign a credit facility agreement for an aircraft purchase

According to the signed agreement, Crédit Agricole Egypt will provide a medium-term loan to be repaid over five and a half years, which shall cover 80% of the helicopter’s total value. The cooperation between the bank and PAS, which began in 1983, represents a major step in the long-term fruitful partnership aiming for the company’s expansion into air transport services inside and outside Egypt.

Daily News Egypt