المحتوى

The General Assembly of the Fund was attended by Eng. Mohamed Alawi and Eng. Hassan Ibrahim, members of the Company’s Board of Directors, along with members of the Executive Committee and the Company’s sector heads. In his address, Eng. Ahmed El Assar expressed his appreciation to those managing the Fund for their outstanding efforts in maintaining its excellence and leadership, as reflected in its strong financial position. The Chairman also announced a number of decisions concerning employees, which were approved by the General Assembly, including a 15% increase in pensions for retirees from the Arab Contractors Company and its affiliated companies, applicable to pensions in force as of 31/12/2025, following the approval of the Financial Regulatory Authority. For his part, Mr. Adel El-Sheikh stated that, by the grace of God, the Fund continues to maintain its distinguished position among private insurance funds. This is attributed to the policies adopted to achieve the targeted growth of its assets and the continuous modernization of service delivery methods for its subscribers and beneficiaries. This is clearly reflected in the steady growth of the Fund’s reserves year after year, reaching EGP 6.706 billion as of 31/12/2025, compared to EGP 6.071 billion as of 31/12/2024, representing an increase of 10.46% of the Fund’s total assets. This provides a positive and reassuring indicator to members regarding the Board’s commitment to continuously developing the Fund’s reserves. He further noted that one of the key indicators of the financial statements as of 31/12/2025 is the net value of invested funds, which reached EGP 4.678 billion, compared to EGP 4.076 billion in the previous year, marking an increase of 14.76%. This growth is attributed to the reinvestment of returns generated from existing investments into new investment vehicles, while maintaining diversification across various financial instruments that yield the highest market returns. He added that the Fund’s operating revenues for 2025 amounted to EGP 315.40 million, while operating expenditures—represented by insurance benefits and pensions paid during the year—reached EGP 721.23 million. Accordingly, revenues were lower than expenditures by EGP 405.83 million, and this deficit was covered by investment income. Meanwhile, net investment income for 2025 amounted to EGP 1.114 billion, compared to EGP 883 million in the previous year, representing an increase of 26%. The average return on investment in 2025 reached 19.09%, compared to 16.51% in the previous year. Net fixed assets amounted to EGP 1.580 million in 2025, compared to EGP 2.438 million in 2024. The Fund also achieved a surplus of EGP 634.59 million for the fiscal year ending 31/12/2025, compared to EGP 569.55 million in the previous year, representing an increase of 11.59%.