Banking insurance activity 'expanding' in Egypt
Banking in Egypt
Cairo - MENA
There is a remarkable development in the activity of banking insurance in Egypt after the approval of the General Authority for Financial Control to allow the Egyptian Takaful Company (Life) to market its products through Audi Bank and Abu Dhabi Islamic Bank.
The remark was made by Vice President of the General Authority for Financial Control Mohamad Mo'eit on Thursday.
The banking insurance activity in Egypt was flourishing via the support of the authority to the insurance companies, he added.
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