News Middle East29 Mar 2018

Egypt:Several insurers increase capital

| 29 Mar 2018

Six Egyptian insurance companies are preparing capital increases amounting to EGP138 million (US$7.8 million) to EGP168 million each during the current financial year ending 30 June 2018. The total capital of each of these companies will range between EGP502 million and EGP670 million after the increases.

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