On October 31, 2026, at 9:58 PM, Mustafa Al-Qamesh, Managing Director and CEO of Egypt Life Insurance Company, expressed his delight over the strategic partnership with Al Ahly, the largest club in Africa. This collaboration comes at a crucial time between two institutions with a rich history and strong ties. Al-Qamesh highlighted that both the company and the club share a similar national drive, with the company being established in 1910, three years after Al Ahly's founding.
The company, initially known as the Egyptian National Insurance Company, was founded with a similar name to Al Ahly, reflecting a shared national spirit. Al-Qamesh noted that Egypt Life Insurance Company is currently undergoing a significant phase, aiming to reach a broader segment of Egyptian society. The company is also planning to list its shares on the Egyptian Stock Exchange. Therefore, partnering with a prestigious institution like Al Ahly is highly significant and is expected to enhance the company's outreach to millions of Egyptians.
Al-Qamesh also expressed his appreciation for collaborating with Al Ahly's development foundation in its productive activities, which serve a large sector of Egyptian society across various affiliations. He concluded by congratulating Al Ahly's board chairman, Captain Mahmoud El-Khatib, on his birthday, stating that the company feels fortunate to have entered into this partnership with Al Ahly at this joyful time.
The partnership between Al Ahly and Egypt Life Insurance Company is set to last for four years. This collaboration is seen as a strategic move to leverage the strengths of both institutions. Al Ahly, with its massive following and reputation, will work closely with the insurance company to provide innovative services to its members and the wider community.
Captain Mahmoud El-Khatib, Al Ahly's chairman, welcomed the partnership, emphasizing that it reflects the significant successes achieved by both parties. He highlighted that the renewal of this partnership is a testament to the strong relationship and mutual respect between Al Ahly and Egypt Life Insurance Company.
The partnership is expected to bring numerous benefits to Al Ahly's members, including exclusive insurance services and products. This move aligns with Al Ahly's strategy to enhance its offerings and provide added value to its community. The collaboration will also support the company's goal of expanding its reach and providing comprehensive services to its members.
As part of the partnership, Al Ahly and Egypt Life Insurance Company will work together on various initiatives, including community development projects and social responsibility programs. These efforts aim to positively impact Egyptian society and contribute to the country's development. The partnership is a significant step towards achieving these objectives and reinforcing the strong bond between the two institutions.
Key points
- Al Ahly signs a 4-year strategic partnership with Egypt Life Insurance Company.
