Home MoneyBanks Arab Misr Insurance GIG Eyes EGP530mn Investment Portfolio by FY14/15

Arab Misr Insurance GIG Eyes EGP530mn Investment Portfolio by FY14/15

by Salma Ayman

Head of Investment Sector at Arab Misr Insurance Group GIG Mohamed Nagah Nour said his company eyes increasing its investment portfolio to EGP530 million by the end of the current fiscal year of 2014/2015.

Speaking to Amwal Al Ghad Nour said the total value of his company’s investment portfolio reached around EGP470 million at the end of the last fiscal year of 2013/2014.

The Total investment income reached EGP64.5 million at the end of June, stressing that the net investment income up to EGP60million at June 2013.

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