Egypt – Insurers to join the Bourse
Saturday, 11 25 2017, Category: Insurance and Reinsurance, Country: Egypt
Financial experts welcomed the announcements of insurance companies operating in the Egyptian market, which said they want to register in the Bourse in the coming period in order to end a period of under-representation in the bourse. Investors would like to invest in new securities issued by insurers, which would give them dividends.
Moreover, the experts said that the increase in the number of insurance companies in the bourse will strengthen the financial sector as banks have been to date the main financial sector in the bourse. Moreover, foreign investors are looking to acquire the shares of insurance companies.
Source: Al Mal News