Arab Finance: The board of Mohandes Insurance (MOIN) approved the company's estimated budget for 2026, targeting net profits of EGP 326 million, according to a bourse disclosure.
As per the budget, the insurance firm aims to register total premiums of EGP 2.2 billion.
It also targets total investments of EGP 3 billion.
Last month, the Egyptian Exchange’s (EGX) listing committee approved listing the shares resulting from the increase in the issued and paid-up capital of Mohandes Insurance from EGP 500 million to EGP 650 million.