Sarwa Life” Enables Secure Gold Investment in Partnership with “Al Ahly Financial Investments” and “Evolve Investment Holding” Through the Purchase of “Dahab” Fund Reinforcing the Role of Contact’s Insurance Division”

As part of Contact Financial Holding’s ambitious strategy to elevate the role of the insurance sector as one of the group’s primary growth engines, the company continues to strengthen its footprint in the non-banking financial services sector by offering integrated and innovative financial solutions that combine insurance protection with real investment opportunities. This direction aligns with the Group’s commitment to empowering customers seeking secure investment instruments that hedge against market volatility and unlock new long-term savings prospects.
Building on this strategic direction, Sarwa Life Insurance, the Group’s life insurance arm, announced today a strategic partnership with Al Ahly Financial Investments Management and Evolve Investment Holding to expand customers’ access to gold investments through the exclusive purchase of “Dahab” Gold Investment Fund units. These units will be incorporated within the investment portfolios of the individual savings policies. This partnership marks a significant milestone for Sarwa Life’s policyholders, enabling them to allocate part of their insurance premiums to invest in precious metals, particularly gold, as a secure asset class that enhances returns and portfolio diversification, all within a regulatory framework approved by the Financial Regulatory Authority (FRA).
Rimah Asaad, Managing Director of Sarwa Life, commented: “Our partnership with Al Ahly Financial Investments aligns with our vision to strengthen the investment role of the insurance division within Contact. Recognizing the importance of savings solutions backed by tangible assets, we sought to provide access to ‘Dahab’ Fund, particularly as gold remains one of the most trusted assets among Egyptians to safeguard their money. This step offers our policyholders a credible investment channel within a regulated framework, delivering real value, competitive returns, and better alignment with their long-term financial goals.”
He added: “The gold fund is not simply another investment avenue, but a core element of a comprehensive strategy to enhance portfolio efficiency by integrating sophisticated investment solutions into our product offerings. This move is fully aligned with the FRA’s efforts to promote financial inclusion and expand secure and transparent investment options for customers. This partnership marks an important step toward diversifying investment channels and strengthening portfolio performance, reinforcing Sarwa Life’s ability to manage diversified portfolios that meet customers’ long-term financial needs.”
Adel El-Waly, Managing Director and Chief Investment Officer at Al Ahly Financial Investments Management and Head of the Supervisory Committee of “Dahab” Fund, stated: “We take great pride in this strategic partnership with Sarwa Life and Contact Financial Holding, which reflects the confidence of leading financial institutions in the Egyptian market in our expertise and ability to manage investment funds. “Dahab” Fund stands as one of the most significant investment products we have established to empower institutions and individuals to hedge against market volatility and strengthen their investment portfolios over the long term.”
He added: “Dahab” Fund is built on a disciplined investment strategy that combines stringent risk management standards with full compliance with the regulations of the FRA. By integrating the fund’s units within Sarwa Life’s insurance savings portfolios, we contribute to creating a comprehensive model that bridges insurance and investment. This offers the Group’s clients an opportunity to benefit from gold returns within a balanced insurance and investment framework that supports their long-term savings objectives