Consortium of banks, insurers set to acquire majority stake in B Investments Healthcare

CAIRO 10 August 2025: A banking and insurance alliance, comprising the Commercial International Bank (CIB), Al Baraka Bank Egypt, Misr Insurance, and Misr Life Insurance, is in the final stages of acquiring a controlling stake in B Investments Healthcare, a subsidiary of B Investments Holding.

 

According to a disclosure from B Investments to the Egyptian Exchange (EGX), B Investments Healthcare is close to securing regulatory approval for a capital increase to LE 1 billion. The increase will be funded by the entry of new investors, including CIB, Al Baraka Bank Egypt, Misr Insurance, and Misr Life Insurance, alongside existing shareholders such as the Egypt Sub-Fund for Healthcare and Pharmaceutical Services, part of the Sovereign Fund of Egypt, and a private investor.

 

The capital raise is designed to support an aggressive growth plan targeting both the Egyptian market and key Gulf countries, boosting the company’s footprint in the healthcare industry at national and regional levels.

 

The Egyptian Competition Authority had previously confirmed the planned acquisition, which would grant joint control of the company to CIB, Al Baraka Bank Egypt, Misr Insurance, Misr Life Insurance, the Sovereign Fund’s healthcare sub-fund, B Investments Holding, and businessman Ahmed Sami Abdel Maqsoud Ibrahim Omara.