DW Simpson
08-16-2007, 11:53 PM
http://www.gulfnews.com/business/Insurance/10147165.html
August 16, 2007
Cairo: Egypt plans to merge state insurance companies, to create one of the five biggest insurance firms in the region, and then prepare the new company for privatisation, Investment Minister Mahmoud Mohieldin said.
The companies include Misr Insurance, Chark Insurance and National Insurance, which between them control 70 per cent of an industry which holds net investments of about 18.7 billion Egyptian pounds ($3.3 billion).
More...
August 16, 2007
Cairo: Egypt plans to merge state insurance companies, to create one of the five biggest insurance firms in the region, and then prepare the new company for privatisation, Investment Minister Mahmoud Mohieldin said.
The companies include Misr Insurance, Chark Insurance and National Insurance, which between them control 70 per cent of an industry which holds net investments of about 18.7 billion Egyptian pounds ($3.3 billion).
More...