The government will increase subsidies for people unable to pay health insurance premiums to EGP 252 mn in the upcoming fiscal year, up from EGP 219 mn currently, Al Mal reports. The Universal Healthcare Act requires the government to pay the equivalent of 5% of the standard minimum wage to cover healthcare for each person who cannot afford to pay a premium.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…