Arab Orient Takaful To Raise Paid-Up Capital To EGP 100 Mln In 2013
The Arab Orient Takaful Insurance Company plans to increase paid-up capital to EGP 100 million in 2013, said Mohamed Abdel Gawad, managing director of the company.
The company awaits the insurance brokers’ commissions to be stable in order to pay the remaining value of paid-up capital which reached EGP 60 million, he added.
The company currently recruits high-skilled, experienced employees and also provides training opportunities for its employees to develop their skills abroad.
The company paid the costs of studies for its employees who enrolled in U.K.’s Chartered Insurance Institute to earn an associate’s degree in insurance.
