close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

IFC plans $1B MENA investments by end-June

IFC plans $1B MENA investments by end-June

International Finance Corp., a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and Libya, its regional director said on Sunday.

0

January 15, 2012 2:45 by



“We’ve invested so far more than a billion dollar since July 2011 and plan to invest another billion,” Mouayed Makhlouf, regional director for IFC in the Middle East and North Africa, said on the sidelines of a conference in Dubai.

“We’re definitely starting to look at Libya, mainly financing trade,” Makhlouf added.

IFC, which invests in developing the private sector in emerging economies, is looking at sectors such as infrastructure, education, financial services and trade, he added.

IFC had invested $2.2 billion in the MENA region since January last year, Makhlouf said, becoming an important conduit of capital for companies impacted by unrest in the Arab world last year.

It made a $50 million equity investment in Orascom Construction Industries and agreed to lend $200 million to its subsidiary, Egyptian Fertilizer Company in July.

IFC also agreed in December to invest up to $110 million in Jordan-based Hikma Pharmaceuticals to help improve access to high-quality generic medicines in the MENA region.

Through its IFC Capitalisation Fund, which supports emerging market banks, IFC signed a $170 million subordinated loan agreement with Oman’s Bank Muscat last month.



0

Tags: , , , , , , ,

Leave a Comment