Egypt’s sovereign fund invites banks for Misr Life Insurance’s 20% IPO
Egypt’s sovereign wealth fund on Wednesday invited investment banks and financial institutions to submit proposals…
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Misr Insurance Holding Company
Egypt to complete Misr Life Insurance share sale before H1-end: minister
Egypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them to strategic…
Egypt’s Misr Insurance Holding eyes 31% growth in FY2022/23 net profit
Egypt’s state-owned Misr Insurance Holding (MIHC) is targeting a net profit of 5.8 billion Egyptian pounds ($306.2…
Egypt plans to launch Misr Life Insurance IPO by June-end
Egypt plans to list state-run Misr Life Insurance in an initial public offering (IPO) of 25 percent of its shares…
Misr Insurance plans IPO for life arm in H2/2022
Egyptian state-owned Misr Insurance Holding (MIHC) plans to offer 25 percent of shares in its Misr Life Insurance…
Egypt’s sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Egypt’s Misr Insurance Holding signs deal to sell 25% of life arm in IPO
Egyptian state-owned Misr Insurance Holding (MIHC) signed on Thursday an agreement with NI Capital to start the…
Egypt’s newest Misr Life Takaful Insurance: who are the shareholders?
Around150 million Egyptian pounds ($9.4 million) have been raised into Egypt’s newest joint venture Misr Life…
Egypt cabinet approves launch of commodities exchange
Egypt’s cabinet approved on Tuesday a plan by the ministry of supply to start the Egyptian commodities exchange…
Banque Misr teams up with three partners to launch leasing unit
Banque Misr, Egypt’s second largest state lender, is linking up with Misr Financial Investments, Misr Insurance…
Misr Insurance eyes net profit of $112 million in FY2015/16
The Egyptian Misr Insurance Holding Company aims at increasing net profits to 1 billion Egyptian pounds ($112…
Egyptian Misr Insurance Holding investments hit $5bn
The total investments of Egypt's Misr Insurance Holding Company reached around 36 billion Egyptian pounds…
A.M. Best assigns ‘BBB’ rating to Egypt’s state insurance firms
A.M. Best has assigned Monday evening a financial strength rating of B++ (Good) and an issuer credit rating of…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Misr Insurance eyes watchdog’s approval to launch $6.4mn leasing arm
Egypt’s state-run Misr Insurance Holding Company (MIHC) is in official talks with the market regulator to launch a…
Egypt’s insurance holding eyes alluring foreign partners to form takaful arm
Misr Insurance Holding Company is in talks with strategic partners from UAE and Southeast Asia to participate in…
Misr Insurance Holding affiliates record revenues $11bn at end-June
The total revenues of Misr Insurance Holding Company (MIHC)’s affiliates hit 7 billion Egyptian pounds (US$10.7…
Misr Insurance commits US$10mn to Egyptian reinsurance firm’s capital
The leading insurer in MENA region, Misr Insurance Company is to commit around 5 percent equivalent to US$10…
Misr Insurance Holding: Affiliates’ net profits hit 1.4bn Egyptian pounds in year
Egypt's state-owned Misr Insurance Holding Company (MIHC) announced Tuesday that affiliates have posted a net…
Misr Real Estate Revenues record $49mln in FY 2014-2015
Misr Real Estate Assets' total volume of activity revenues reached EGP390.8 million by the end of fiscal year…
Misr Insurance records 22% Growth in 9-month Health Premiums
Egypt’s Misr Insurance Holding Company posted 309 million Egyptian pounds (US$ 40.5 million) in health insurance…
Misr Asset Management braces for Solar Cell Plant at 2015-end
Misr Asset Management (MAM) is planning to inaugurate a solar power plant by end of 2015, at investment cost worth…
EBRD may contribute to Misr Insurance’s Newest Life Takaful Arm
The European Bank for Reconstruction and Development (EBRD) initially approves to contribute to the launch of an…
Who’s Who in Egypt’s Reinsurance Company Constituent Committee
The committee to form Egypt’s first national reinsurance company will encompass 12 insurance firms alongside 3…
Misr Insurance Holding Announces Board Reshuffle for Affiliates
Egypt's Misr Insurance Holding Company is undergoing a board reshuffling for its affiliates, Misr Life Insurance,…
Who’s Who: 12 Insurance Companies Invested in Second Suez Canal Project
Twelve insurance companies operating in Egyptian market have bought EGP 549 million worth of investment…
Misr Insurance Holding to Announce for New Leasing firm within Weeks
Misr Insurance Holding Company Chairman Dr. Mohamed Youssef said it is expected that the company will announce for…
Misr Insurance Outsources US$14-mln Funds to Asset Manager
Asset management company Beltone Financial will be managing a EGP100-million (US$14 million) investment fund for…
CIS Pays EGP15mn from Loan’s Value of SFD, Misr Insurance Holding
Managing Director of Cooperative Insurance Society (CIS) Refky Lotfy Rashed revealed that his society paid…
Misr Insurance Holding Pledges EGP25mn for ‘Long Live Egypt’ Fund
Egypt's Misr Insurance Holding Company and its subsidiaries will contribute EGP 25 million to 'Long Live Egypt'…
Misr Insurance Mulls EGP200mn Compensations for Flood-stricken Hotels
Misr Insurance Holding Company is considering paying compensations of flood- stricken hotels in Taba with EGP200…
2 Egyptian Banks, MIC plan EGP100mn Co. for Mortgage Lease
Misr Insurance Holding Company Chairman Dr. Mohamed Youssef revealed that Blom bank and Egyptian Gulf bank (EGB)…
Press Syndicate Head Says Egyptian Journalists Need Life Insurance
The head of Egypt's press syndicate Diaa Rashwan gathered on Wednesday with 45 chief editors to discuss life…
Basel El Hini Urges Cooperation Among African Countries In Insurance
Basel El Hini, deputy chairman of Misr Insurance Holding Company for investment affairs, said the Egyptian…
Misr Insurance Not Set On Fire, NBE Was The Target
Misr Insurance Company was not set on fire as some websites reported, said Ahmed Khattab, member of the board of…
Misr Life Insurance Achieved EGP 1.6 Bln Premiums In FY 2011/12
Misr Life Insurance Company achieved premiums written of about EGP 1.634 billion in FY 2011/2012, compared to EGP…
Misr Insurance Holding: Training Courses Cost EGP 567,200
Misr Insurance Holding Company held 140 training courses for its employees and its subsidiaries’ employees during…
Misr Life Insurance Eyes Premiums Of EGP 2 Bln In 2014/15
Misr Life Insurance Co. targets achieving premiums of more than EGP 2 billion at the end of FY 2014/2015, in…
Misr Insurance Expected To Post Premiums Of 3.7 Bln
Mohamed Yousef, the supervisor general of the Ministry of Public Business Sector, held a meeting with Mahmoud…