حفلة 2024

FRA Oks increase in Egyptian Takaful Insurance’s capital

Egypt’s Financial Regulatory Authority (FRA) on Wednesday endorsed a planned increase in the Egyptian Takaful Insurance’s (Property) issued capital to 230 million Egyptian pounds ($14.4 million).

Last September, Egyptian Takaful Insurance’s (Property) board approved to pump 46 million pounds increase in its paid-in capital to record 230 million pounds.

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