Egypt – EGP 55 billion insurance investments
Wednesday, 09 13 2017, Category: Insurance and Reinsurance, Country: Egypt
Mr. Sherif Samy, the economical expert, said that the total investments of Egyptian insurance companies reached EGP 55 billion, indicating also that insurance funds that cover corporate employees reached EGP 50 billion.
Moreover, he added in the program “Markets and Business” on “On Life TV”, that the size of the investments of insurance companies contributes to supporting the Egyptian economy, noting the initiative of the central bank toward small and medium-sized projects encourages financial inclusion.
Source: Veto Gate