Morpho to Launch Insurance Tech Center in Egypt with EGP100mln Investments

Morpho Egypt Company which is a subsidiary of French group Safran targets to launch IT training space insurance center in cooperation with the Egyptian Telecom Ministry with total investments reach up EGP100 million within the current year.

The general manager of Morpho Egypt, Walid Fouad asserted that his company and the Ministry reviewed launching the center in Smart Village Headquarters in 6th of October City, stressing that the center will focus on the interests and the workers of insurance in all governmental sectors.

Morpho will hold series meetings during the coming few days to start the actual steps of launching the center.

French group Safran is working in the field of manufacturing aircraft engines , missiles and defense equipments.