Egypt: Insurers' net profits up 43% to US$130 mln in FY2011/12
Source: Middle East Insurance Review | May 2013
The Egyptian insurance sector posted a 43.3% growth in net profit to EGP894 million (US$130.1 million) in the financial year ended June 2012, despite political and economical turbulence across the country, said media reports citing figures from the Egyptian Financial Supervisory Authority (EFSA).
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