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Assets of Egypt-based Delta Insurance increased to around 805.4 million Egyptian pounds ($49.3 million) at the end of financial year 2018/2019, official sources on said Thursday.
The company’s investments rose 20 percent to about 110 million pounds at the end of last financial year, the sources further told Amwal Al Ghad.
“Our investment portfolio varies between public debt instruments, including government treasury bills and bonds, besides saving certificates and banking deposits, in addition to the company’s real estate assets,” they said.
