NBE & Misr Life launch 'Al Ahly Hayah' under AFIM management
The National Bank of Egypt and Misr Life Insurance launched the Al Ahly Hayah balanced fund under AFIM management, supporting financial inclusion via NBE branches nationwide.
The fund widens retail access to diversified, professionally managed investment — subscriptions are available at any NBE branch, bringing balanced-fund investing to first-time savers across the country.
Contact Financial's life-insurance arm announced a strategic partnership including exclusive purchases of Dahab gold-fund certificates for unit-linked savings policies.
The Financial Regulatory Authority reported Dahab's IPO closed in July 2024 with over EGP 30 million in subscriptions — triple the EGP 10 million target.