Egypt Kuwait Holding increases stake in Mohandes Ins. to 22%
Tuesday, 11 17 2020, Category: Insurance and Reinsurance, Country: Egypt
Egypt Kuwait Holding (EKH) has purchased another 2% stake in Mohandes Insurance, just a few days after it doubled its ownership in the insurance provider, according to a regulatory filing (pdf). EKH now holds 22% in Mohandes. Pharos Holding executed the transaction on the OTC market.