Aman Takaful submitted a new request to the Egyptian regulatory authority (FRA).
The latter had previously approved the establishment of the Kuwaiti insurer in Egypt but did not follow up the legal procedures within the regulatory deadlines.
According to Reda Abdel Moaty, vice chairman of the FRA, Aman Takaful's application is still under consideration.
Read also | Increasing number of insurers in Egypt [4]
Links:
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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Faman-takaful-new-request-to-enter-the-egyptian-market&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/turbulence-in-aviation-insurance
[4] https://www.atlas-mag.net/en/article/increasing-number-of-insurers-in-egypt