May 24, 2019

Egypt firms record capital increase

Insurance firms in Egypt recorded a significant increase in their capital amounting to USD549.8 million, according to a statement by the Financial Regulatory Authority (FRA). A report marked the rise by 14.4 percent, compared to EGP8.3 billion generated in the previous year. The increase was attributed to the capital increase of Misr Insurance and Misr […]
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