Egypt’s UHIS’ revenue grows 63% YoY in FY2022/23

Updated 12/31/2023 7:48:00 AM
Egypt’s UHIS’ revenue grows 63% YoY in FY2022/23

Arab Finance: Egypt’s Universal Healthcare Insurance System’s (UHIS) revenues saw a 63% year-on-year (YoY) increase during the elapsed fiscal year 2022/2023, according to a statement by the Ministry of Finance on December 30th.

It also witnessed a 67% YoY growth in investment returns and a 47% YoY climb in surplus.

The statement added that the UHIS’ investment portfolio amounted to more than EGP 71 billion during the July 2022-July 2023 period.

The total funds and assets of the UHIS hit EGP 91 billion.