In line with the Ministry of Investment and Foreign Trade’s vision, and as part of the Egyptian government’s strategy to enhance private sector participation and broaden ownership of state-owned companies through the Egyptian Exchange—under the State Ownership Policy Document—EFG Hermes has been selected to manage the offering of approximately 20% of Misr Life Insurance Company.

The Sovereign Fund of Egypt had invited investment banks to submit technical and financial proposals to act as lead manager and bookrunner for the offering of a stake in Misr Life Insurance, which is owned by Misr Insurance Holding Company, an affiliate of the Fund. Following a comprehensive evaluation process and based on the technical committee’s recommendations, EFG Hermes was appointed as the offering manager.

Misr Life Insurance is one of the leading companies in its sector. Established in 1900, it holds an estimated 22% share of Egypt’s life insurance market by premiums. The company’s equity stood at approximately EGP 42 billion as of September 2025, supported by sustained profit growth, reflecting its strong financial position and solid operational performance.