Fawry Obtains FRA Approval To Incorporate Fawry For Microinsurance

About this update from Fawry For Banking Technology And Electronic Payment

FAWRY FOR BANKING TECHNOLOGY AND ELECTRONIC PAYMENTS EGX:FWRY:FAWRY - SECURES MICROINSURANCE LICENSE, EXPANDING FINANCIAL INCLUSION OFFERINGS IN EGYPTFAWRY - MICRO INSURANCE COMPANY WILL INTRODUCE A SUITE OF SIMPLE, LOW-COST INSURANCE PRODUCTSFAWRY - INITIAL OFFERINGS WILL FOCUS ON ESSENTIAL PROTECTION CATEGORIESFAWRY- FAWRY FOR MICROINSURANCE HAS PAID-IN CAPITAL OF EGP 60 MILLION, WITH FAWRY HOLDING 90% STAKE

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