insurance
The authority is capable of paying all its financial dues on time, Ma’it said, noting that about 425 million pounds have, so far, been paid.
A few months ago, the Cabinet approved a decision to establish two funds to provide insurance for pre-academic students nationwide and for Al-Azhar students.
Minister Al-Mashat stated, "increased coordinated action to expedite healthcare spending and pave the way for an inclusive post-COVID economic recovery is a national priority."
The new amendments provide an annual increase of 15% to the gross salary and compensation of the army personnel for seven years.
Preparations to introduce the universal health insurance system in Luxor are underway as the pilot phase will be launched by March.
The system was introduced as a pilot phase in one governorate in July.
The Ministry of Health and Population announced on Saturday the progress achieved on the Universal Health Insurance System since it was launched a month ago.
The official added that the authority studies increasing treatment locations of blood diseases to reduce the distances traveled by patients.
Hermes is also looking to enter a new market in Asia or Africa within a year, Karim Awad told Reuters in an interview.
Port Said will be the first governorate in which the new health insurance system will be applied.
Chairman of FRA Mohamed Omran said the FRA has launched the electronic platform in cooperation with Insurance Federation of Egypt (IFE).
A wrap-up of the most prominent business news of the day.
Banque Du Caire issued Aman Certificates for temporary and casual workers with LE 12 million in three weeks, the bank’s chairman Tarek Fayed said.
Chairman of the Agriculture Bank of Egypt al-Sayed al-Kosair said that the bank issued 44,000 Aman certificates with a total yield of LE 796 million.
Chairman of the bank, Al-Sayed al-Kosair said Sunday that his bank issued certificates with LE 20 million in two weeks.
A wrap-up of the most prominent business news of the day.
Four Egyptian banks will issue Sunday the Aman Certificate (Security Certificate), a new life insurance plan for casual and temporary workers.
Ismail clarified that Aman certificate’s monthly installment starts from LE 4 and its highest monthly installment is LE 20 with a benefit period of 5 years or 10 years.
British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location through their mobile phones.
The amount of mortgage finance granted by mortgage finance companies until the end of November 2017 reached LE 1.4 billion
