Arab Oriental Takaful Insurance Attains EGP291.4mn Investments in September

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The total investments value of Arab Oriental Takaful insurance increased to 13.7% by the end of September 2014 to up EGP291.4 million in compared to EGP256.2 million by the upcoming period, Mohamed Akef, deputy executive director of financial and administrative affairs of the company.

In statements to Amwal Al Ghad on Sunday Akef asserted that the company attained EGP63.8 million premiums within the first quarter of 2014/2015 in compared to EGP52 million during the same period of the previous year.

Arab Oriental Takaful paid EGP28.5 million in the first 3 months of 2014/2015 against EGP12.8 million in the same period of the last year.