Wethaq Takaful Egypt to launch 2 real estate funds

14/02/2015 05:19 AST

Wethaq Takaful Insurance - Egypt is set to launch two real estate funds to pump investments up to 500 million Egyptian pounds ($65.5 million) within 2016, according to a report.

The funds will include real estate investments varied between administrative and residential facilities, Antar Gad, chairman, was quoted as saying in the Amwal Alghad report.

The company will also submit an official request to the Egyptian Financial Supervisory Authority (EFSA) so as to launch the two new funds within next year, it added.


Trade Arabia

News

Banking accounts should be insured against internet piracy - Wethaq

07/02/2012

Wethaq Takaful Insurance Company advised, on Tuesday, to ensure personal and business banking accounts against data loss due to increasing attacks of internet piracy.

Manager of the Reinsura

KUNA

Kuwait-based Wethaq Takaful outlook revised to stable

16/12/2010

Standard and Poor's Ratings Services said today it has revised the outlook on takaful player Wethaq Takaful Insurance Co. (Wethaq) to stable from negative. At the same time, we have affirmed the 'BB'

AME Info

S&P rates Kuwait's Wethaq Takaful Insurance at 'BBB-'

28/05/2009

Standard and Poor's Ratings Services said today that it placed its 'BBB-' counterparty credit and insurer financial strength ratings on Kuwait-based Wethaq Takaful Insurance Co KSC (Closed) on Credit

Arab Times

Most Viewed Companies

Ticker Price Volume

Valuation

WETHAQ Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BUPAARABIA 179.70 -1.50 (-0.83%)
TAWUNIYA 128.70 -4.00 (-3.02%)
ALRAJHITAKAFUL 110.80 -0.40 (-0.36%)
RASAN 133.90 3.40 (2.60%)
QATI 2.24 -0.03 (-1.33%)

Recent News

QLM reports QR15.3mn net profit on QR364mn revenues in Q1

27/04/2026

QLM Life and Medical Insurance Company has reported strong insurance revenue of QR364mn in the first quarter (Q1) of 2026, up 22% on annualised basis.

Net profit was flat at QR15.3mn in Q1-2

Gulf Times

Burgan Bank's flagship Kanz returns, crowning more than 250 winners and its 4th millionaire

27/04/2026

Burgan Bank has concluded the resumption draws for its flagship Kanz account, crowning more than 250 winners - including Kanz's fourth millionaire - across postponed draws covering the period from Ma

Kuwait Times

Gulf Bank continues to support Kuwaiti enterprises, gifts customers Arfaj flower cake

27/04/2026

As part of its ongoing commitment to supporting small and medium sized enterprises and empowering Kuwaiti entrepreneurs, Gulf Bank resumed its distinctive community initiative, "Nuqsat Al Khaleej," i

Kuwait Times

almeera AGM approves distribution of QR0.40 dividend

27/04/2026

Al Meera Consumer Goods Company (almeera) is eyeing expansion plans, which include adding more branches across Qatar, developing private labels, and expanding partnerships with local suppliers to pro

Gulf Times

Dukhan Bank reports QR429.5mn Q1 profit

27/04/2026

Dukhan Bank has reported a net profit of QR429.5mn in the first three months of 2026, leading to earnings per share of QR0.075.

Total equity in Q1 2026 stood at QR15.6bn, reflecting a 2.5% i

Gulf Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap