El Sisi calls for establishing a life insurance system for private sector workers

El Sisi calls for life insurance system covering private-sector workers: President Abdel Fattah El Sisi called on Thursday for the establishment of a life insurance scheme for private sector workers, according to a statement from Ittihadiya. El Sisi proposed that workers pay EGP 500-2,500 into the system, and would receive payouts of up to 100x that amount in the event of their death by natural causes or work related incidents. We’re as yet unaware of any legislation in the pipeline to this effect, but we’ll keep our eyes peeled.