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IFC acquired 15% in Medgulf

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Magazine Issue: 
FANAF, an operational model [3]
Magazine date: 
Mar 2012

IFC, subsidiary of World Bank Group, has invested 124 million USD in the acquisition of Medgulf. This move will allow the regional insurer to extend its health and non-life operations to North Africa and the Middle East, especially in Egypt, Iraq and Turkey. Thanks to this investment, IFC now controls 15% of Medgulf.

Wed, 17/04/2013 - 16:55

Source URL: https://www.atlas-mag.net/en/article/ifc-acquired-15-in-medgulf

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