Mohandes Insurance News - Mubasher Info
UAE
Mubasher TV
 Contact Us Advertising   العربية
UAE
DFM Closed
ADX Closed
10 February 01:47 AM

Mohandes Insurance (MOIN)

Last update: 9 February 02:14 PM market time.
23.20
1.03
4.56%
Open 22.57
Previous Close 22.57
High 23.90
Low 22.23
Stock Statistics
Volume 104,049
Turnover 2,429,941.00
All data are 15 minutes late during market session

News

Photo Archive
22 December 2025 02:23 PM Mohandes Insurance unveils EGP 150m capital hike
Cairo - Mubasher: Mohandes Insurance Company (MIC) announced increasing the issued capital to EGP 650 million from EGP 500 million. The EGP 150 million hike will be financed from 2024’s profits and legal reserves, according to a bourse filing. …
General Assembly
Photo Archive
25 June 2023 02:36 PM Mohandes Insurance targets EGP 1.39bn investments in FY23/24
Cairo – Mubasher: Mohandes Insurance plans to invest EGP 1.39 billion during fiscal year (FY) 2023/2024, according to the capital budget approved by the board members on 21 June. The EGX-listed firm expects net profits and installments amounting …
Financial Results
Photo Archive
26 July 2022 05:18 PM Mohandes Insurance eyes EGP 1bn investments in FY22/23
Cairo – Mubasher: Mohandes Insurance has approved the estimated budget for the current fiscal year (FY) 2022/2023, aiming to log net profits of EGP 110 million. The Egyptian insurer intends to invest EGP 1.06 billion and register instalments worth …
Financial Results
Photo Archive
10 March 2022 11:42 AM Mohandes Insurance's net profits decline 27.5% in H1-21/22
Cairo – Mubasher: The consolidated net profits of Mohandes Insurance fell by 27.52% year-on-year (YoY) to EGP 50.33 million in the first half (H1) of fiscal year (FY) 2021/2022, compared to EGP 69.43 million in the year-ago period. The insurance …
Financial Results
The insurer will pay EGP 23.5 million to shareholders
4 November 2021 04:02 PM Mohandes Insurance's shareholders nod to dividend for FY20/21
Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved a cash dividend distribution of EGP 0.25 per share for the earnings of the fiscal year (FY) 2020/2021. The insurer will pay EGP 23.5 million to shareholders over …
General Assembly
The total proposed dividends amounted to EGP 23.5 million
20 September 2021 01:20 PM Mohandes Insurance's board proposes EGP 0.25/shr dividend for FY20/21
Cairo – Mubasher: The board of directors of Mohandes Insurance recommended a cash dividend of EGP 0.25 per share for the earnings of the fiscal year (FY) 2020/2021.  The total proposed dividends amounted to EGP 23.5 million for the year ended 30 …
Cash Dividends
The initial losses are estimated at about EGP 15 million.
17 May 2021 03:15 PM Dice's Alexandria Clothing Company hit by fire
Cairo – Mubasher: Dice Sport and Casual Wear announced that its wholly-owned subsidiary Alexandria Clothing Company was hit by fire on Sunday. The fire caused damages to some textile machines and materials which are totally insured by Mohandes …
Company News
The transaction involved the sale of 2.29 million shares
8 April 2021 05:44 PM Suez Canal Bank cuts stake in Mohandes Insurance for EGP 33m
Cairo – Mubasher: Suez Canal Bank reduced its stake in Mohandes Insurance to 0.00007% from 3.06%. The transaction involved the sale of 2.29 million shares for EGP 33.33 million, averaging EGP 14.55 per share, according to a statement to the …
Insider Trading & Treasury Stocks
The insurance activity surplus retreated to EGP 44.84 million
30 November 2020 02:11 PM Mohandes Insurance’s profit inches down in Q1-20/21
Cairo – Mubasher: Mohandes Insurance reported consolidated net profits of EGP 47.97 million in the first quarter (Q1) of fiscal year 2020/2021, falling by 3% year-on-year (YoY) from EGP 49.47 million. The company’s insurance activity surplus …
Financial Results
The company purchased 7.79 million shares for EGP 109.78 million
12 November 2020 05:11 PM Egypt Kuwait Holding ups stake in Mohandes Insurance; NBE sells entire stake
Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, has raised its stake in Mohandes Insurance to 20.38% from 9.98%. The company purchased 7.79 million shares for a value of EGP 109.78 million at …
Insider Trading & Treasury Stocks
Shareholders will receive 33.3 piasters per share
15 October 2020 04:48 PM Mohandes Insurance's shareholders approve EGP 25m dividends for FY19/20
Cairo – Mubasher: The ordinary general meeting (OGM) of Mohandes Insurance approved the board’s proposal for the cash dividend distribution for fiscal year 2019/2020.   Shareholders will receive 33.3 piasters per share at a total value of EGP 25 …
Cash Dividends
The insurer logged net profits of EGP 149.56 million in FY19/20
12 October 2020 00:01 PM Mohandes Insurance's board proposes 33.3 piasters/shr dividend for FY19/20
Cairo – Mubasher: The board of directors of Mohandes Insurance approved the amended cash dividend distribution for fiscal year 2019/2020 after taking into account the instructions of the Financial Regulatory Authority (FRA). The proposed cash …
Cash Dividends
The proposed dividends amount to EGP 30 million
9 September 2020 02:52 PM Mohandes Insurance proposes EGP 0.50/shr dividend for FY19/20
Cairo – Mubasher: The board of directors of Mohandes Insurance recommended a cash dividend distribution of EGP 0.50 per share for fiscal year 2019/2020. The proposal includes dividends of EGP 30 million to shareholders, in addition to …
Cash Dividends
Insurance activity surplus rose to EGP 182.41 million
3 September 2020 04:39 PM Mohandes Insurance’s profit edges up in FY19/20 initial results
Cairo – Mubasher: The financial indicators of Mohandes Insurance showed net profits of EGP 149.56 million during fiscal year 2019/2020, up by 3.2% year-on-year (YoY) from EGP 144.96 million, including minority shareholders’ rights. The insurer’s …
Financial Results
The company’s insurance activity surplus rose to EGP 130.4 million
20 July 2020 00:01 PM Mohandes Insurance's profit up 10% in 9M initial consolidated results
Cairo – Mubasher: The unaudited consolidated financial results of Mohandes Insurance posted a 10.4% year-on-year (YoY) increase in its net profits to EGP 111.98 million in the first nine months of fiscal year 2019/2020 from EGP 101.44 million. The …
Financial Results
The deal involved the trading of 1.5 million shares
8 July 2020 02:57 PM Mohandes Insurance sees EGP 26.4m block-trading deal
Cairo – Mubasher: Mohandes Insurance witnessed a block-trading transaction worth EGP 26.4 million on the Egyptian Exchange (EGX). The deal involved the trading of 1.5 million shares, the Egyptian bourse said in a statement on Wednesday. It is …
Insider Trading & Treasury Stocks
The company’s insurance activity surplus increased to EGP 75.25 million
29 June 2020 02:37 PM Mohandes Insurance's standalone profit up 10% in 9M
Cairo – Mubasher: The standalone financial results of Mohandes Insurance reported net profits of EGP 88.07 million in the first nine months of fiscal year 2019/2020, up by 10% year-on-year (YoY) from EGP 80.08 million. The company’s insurance …
Financial Results
The dual-listed firm acquired 5.99 million shares
17 June 2020 06:08 PM Egypt Kuwait Holding acquires stake in Mohandes Insurance for EGP 105m
Cairo – Mubasher: Egypt Kuwait Holding (EKH), listed on the Egyptian Exchange (EGX) and Boursa Kuwait, purchased a 9.98% stake in Mohandes Insurance, Pharos Securities Brokerage said in a statement to the Egyptian bourse on Wednesday. The …
Mergers and Acquisitions
The company also plans to achieve direct premiums of EGP 566.5 million
21 May 2020 03:43 PM Mohandes Insurance targets EGP 11.2.5m profit in FY20/21
Cairo – Mubasher: Mohandes Insurance announced that its board of directors approved the company’s estimated budget scheme for fiscal year 2020/2021. The insurer aims to register net profits of EGP 112.5 million in the coming fiscal year, according …
Financial Results
The insurance activity surplus stood at EGP 87.57 million
1 March 2020 02:19 PM Mohandes Insurance logs EGP 72m consolidated profit in H1-19/20
Cairo – Mubasher: The consolidated financial statements of Mohandes Insurance showed a 14.6% year-on-year profit rise during the first half of fiscal year 2019/2020. The insurance company’s net profits grew to EGP 72.36 million in the six-month …
Financial Results
The insurance activity surplus totalled EGP 87.57 million
27 February 2020 04:41 PM Mohandes Insurance’s profit rises 15% in H1-19/20 initial consolidated financials
Cairo – Mubasher: The unaudited consolidated financial results of Mohandes Insurance showed a 14.7% year-on-year rise in its net profits during the first half of fiscal year 2019/2020. The insurer’s net profits amounted to EGP 72.33 million during …
Financial Results
One bonus share will be distributed for every four shares held
17 February 2020 01:45 PM Mohandes Insurance’s shareholders approve capital raise via bonus issue
Cairo – Mubasher: The shareholders of Mohandes Insurance approved a proposal to increase the company’s capital to EGP 187.5 million from EGP 150 million through a bonus issue. The company’s ordinary general meeting (OGM) gave the green light to …
General Assembly
Insurance activity surplus rose to EGP 57.69 million in 6 months
4 February 2020 04:22 PM Mohandes Insurance’s net profits up 16% in H1 FY19/20
Cairo – Mubasher: Mohandes Insurance saw a 16% year-on-year (YoY) increase in net profits to EGP 72 million during the first half of fiscal year 2019/2020, compared to EGP 62.04 million during the same six months of the prior fiscal year, the …
Financial Results
The company’s capital reaches EGP 150 million
16 January 2020 02:24 PM Mohandes Insurance sees EGP 104m block trade on Thursday
Cairo – Mubasher: Mohandes Insurance has witnessed a block transaction worth EGP 104.39 million on its shares. The deal involved the trading of 5.9 million shares at a price of EGP 17.5 per share, the Egyptian Exchange (EGX) said in a statement on …
Insider Trading & Treasury Stocks
The board decided to distribute 0.25 bonus share for every share held
4 December 2019 02:05 PM Mohandes Insurance to raise capital by EGP 37.5m via bonus shares
Cairo – Mubasher: The board of directors of Mohandes Insurance decided to increase the company’s issued capital to EGP 187.5 million from EGP 150 million through the issuance of bonus shares. The insurer’s issued capital is proposed to be …
Board of Directors