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Takaful and Karama pension fund approved
The Takaful and Karama welfare programs will be getting their own dedicated investment fund after the prime minister approved a…
Social spending programs in the Middle East are still lagging behind the EM average
Social spending programs in the Middle East and Central Asia are still lagging behind the EM average, despite making “notable…
Egypt receives first installment of USD 500 mn World Bank facility
The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful…
Gov't could manage takaful, karama pension via dedicated investment fund
Gov't could manage takaful, karama pension assets via dedicated investment fund: Prime Minister Moustafa Madbouly discussed a proposal by the…
Egypt mulls increasing budget allocations for subsidies in FY2020-2021
BUDGET WATCH- Gov’t mulls increasing subsidy allocations next fiscal year: The government is in talks with the House of Representative…
Egypt to add 170k beneficiaries to Takaful, Karama safety nets soon
The government expects to add 170k Takaful and Karama beneficiaries in the coming period, Nivine Kabbag said at her first…
Cabinet signs off on USD 500 mn World Bank facility for Egypt’s social safety net
CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt’s…
Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year
Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity…
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