Arab Orient Takaful Insurance Opens New Subsidiary in Heliopolis

Arab Orient Takaful Insurance has inaugurated new subsidiary in Masr El Gedida ‘Heliopolis’ for customers services, Mohamed Abdel Gawad – Managing Director said.

Arab Orient has 4 branches in Alexandria, El Mohandeseen, Hurghada and Port Said.

The company has recently opened new branch in Port Said for serving all its customers, stressing that the political turmoil which experienced by Egypt in the recent period leads to postponing the branch many times, Abdel Gawad added.

Meanwhile, Arab Orient attained EGP197 million insurance premiums within the first 9 months of the fiscal year 2013/2014, against EGP152 million in the previous FY, move up by 29.6% growth rate.