WETHAQ TAKAFUL INSURANCE COMPANY K.S.C.P. An known buyer agreed to acquire 60% stake in Wethaq Takaful Insurance - Egypt from Wethaq Takaful Insurance Company K.S.C.C. (KWSE:WETHQ) for KWD 1.3 million on August 10, 2015. For the year ended December 31, 2014, Wethaq Takaful Insurance - Egypt reported net profit of KWD 0.28 million. The deal has been approved by the Board of Wethaq Takaful Insurance Company.
An known buyer acquired 60% stake in Wethaq Takaful Insurance - Egypt from Wethaq Takaful Insurance Company K.S.C.C. for KWD 1.3 million.
August 10, 2015
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