GAIF Approves its Financial Statements, Hitting US$1.4m Revenues in 2013

General Arab Insurance Federation (GAIF) approved its financial statements for the previous year during its last meeting. Mr. Alaa El-Zohairy GAIF’s Representative in the Egyptian market said.

El-Zohairy has quoted Amwal Al Ghad Arabic’s Website that GAIF’s financial statements revealed that it attained around US$1.432 million revenues in the last year.

GAIF agreed to include 4 insurance firms to become 380 Arab firms, noting to the Arab firms in UAE, Yemen, Iraqi and Saudi Arabia, El-Zohairy added.

The Federation is considering arranging GAIF conference which schedule to hold in next September in Sharm El Sheikh.

Furthermore, GAIF has reviewed a set of seminars and conferences which have been held in the last year along with discussing the various technical committees.