Arab Finance: The board of directors of Mohandes Insurance (MOIN) has approved the estimated plan for fiscal year (FY) 2022/2023, with projected profits of EGP 110 million, according to a statement filed to the Egyptian Exchange (EGX) on July 26th.
Under the FY 2022/2023 plan, the company is likely to make investments worth EGP 1.065 billion.
The plan also expects installments of EGP 790 million in the current FY.
Mohandes Insurance is an Egypt-based company that offers life and non-life insurance, and reinsurance products and services. Its products and services portfolio fall into two main insurance segments, namely individual insurance and property insurance.