News Middle East20 Apr 2025

Egypt:Insurers to adjust investment strategy following interest rate cut

| 20 Apr 2025

The Central Bank of Egypt's decision last week to cut interest rates by 225 basis points has direct and indirect repercussions on the Egyptian insurance market, with the impacts varying depending on the type of insurance and the nature of the companies operating, said Mr Alaa El-Zoheiry, chairman of the Federation of Egyptian Insurance Companies.

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