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Raya to study the possibility of establishing a micro-insurance company

Medhat Khalil, Chairman of the Board of Directors of Raya Holding for Financial Investments, has announced that the company intends to complete the group’s financial inclusion system.

That’s by studying the establishment of a micro-insurance company under the umbrella of “Aman Holding.”

Aman Holding is 76% owned by Raya Holding and 24% by the National Bank of Egypt.

The company’s capital is about EGP 615 million.