{"id":626097,"date":"2018-08-30T04:18:42","date_gmt":"2018-08-30T04:18:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/"},"modified":"2018-08-30T04:18:42","modified_gmt":"2018-08-30T04:18:42","slug":"egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/","title":{"rendered":"Egypt could make travel insurance mandatory for tourists, to issue global tender for insurance provider"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt is considering making travel insurance mandatory for all incoming visitors<\/strong>, Financial Regulatory Authority (FRA) Deputy Head Reda Abdel Moaty said, <a href=\"https:\/\/www.itij.com\/story\/114517\/egypt-plans-compulsory-tourist-insurance\">according to International Travel and Health Insurance Journal<\/a>. The FRA will reportedly launch a global tender to select an insurance provider once it completes a study that will be used to determine the value of premiums and collection methods,\u201d which should be complete around mid-September. The winning company will be expected to provide tourists with coverage that extends to personal accidents, disability, death, as well as medical expenses. This comes days after <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/26\/egypt-prosecution-says-poison-gas-leak-not-behind-death-of-british-couple\/\">the death of British couple<\/a> John and Susan Cooper while on holiday in Hurghada last week.<\/p>\n<p><strong>Thomas Cook boss Peter Fankhauser arrived in Cairo yesterday to look further into the the case <\/strong>and is set to meet with Prime Minister Mostafa Madbouly to discuss the ongoing investigation, <a href=\"https:\/\/www.bbc.com\/news\/uk-england-lancashire-45347638\">BBC reports<\/a>. The executive is also hoping company investigators will be granted access to the room in which the couple had been staying. Earlier <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/27\/couple-who-died-in-hurghada-hotel-killed-by-something-in-their-room-says-daughter\/\">reports had suggested<\/a> that a gas leak might have been responsible, but Egyptian investigators <a href=\"https:\/\/enterprise.press\/stories\/2018\/08\/26\/egypt-prosecution-says-poison-gas-leak-not-behind-death-of-british-couple\/\">had ruled that out<\/a> and are testing food, water, and air conditioning systems at the hotel. Around 13 other holidaymakers had complained to Thomas Cook about being served \u201craw meat and drinks from unwashed glasses\u201d at the same Hurghada hotel, the Steigenberger Aqua Magic \u2014 in other words, standard tourist complaints that shed absolutely no light on how an apparently otherwise healthy couple could have died.<\/p>\n<p><strong>A UK court had ordered Thomas Cook to pay a GBP 26,000 compensation to a British family that also fell ill at the same hotel<\/strong>, <a href=\"https:\/\/www.theguardian.com\/world\/2018\/aug\/29\/thomas-cook-court-illness-egypt-hotel-british-couple-deaths\">the Guardian says<\/a>. \u201cFive other customers have lodged legal claims against Thomas Cook for illnesses allegedly caused by stays at the hotel this year.\u201d The operator has reportedly said that the number is \u201clow for a hotel of its size.\u201d<\/p>\n<p><strong>The story is topping coverage of Egypt in the foreign press<\/strong> and is being widely picked up by British media.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt is considering making travel insurance mandatory for all incoming visitors, Financial Regulatory Authority (FRA) Deputy Head Reda Abdel Moaty said, according to International Travel and Health Insurance Journal. The FRA will reportedly launch a global tender to select an insurance provider once it completes a study that will be used to determine the value [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626097","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3ba702ef-fbe6-4431-a4ad-f5ef6188982c","order":"0","is_powered_by":true,"section_story_id":"2c025b7a-751e-4c0d-af57-edf1d4e763fb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626087],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt could make travel insurance mandatory for tourists, to issue global tender for insurance provider - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt could make travel insurance mandatory for tourists, to issue global tender for insurance provider\" \/>\n<meta property=\"og:description\" content=\"Egypt is considering making travel insurance mandatory for all incoming visitors, Financial Regulatory Authority (FRA) Deputy Head Reda Abdel Moaty said, according to International Travel and Health Insurance Journal. The FRA will reportedly launch a global tender to select an insurance provider once it completes a study that will be used to determine the value [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-30T04:18:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt could make travel insurance mandatory for tourists, to issue global tender for insurance provider\",\"datePublished\":\"2018-08-30T04:18:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\"},\"wordCount\":341,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/30\/egypt-could-make-travel-insurance-mandatory-for-tourists-to-issue-global-tender-for-insurance-provider\/\",\"name\":\"Egypt could make travel insurance mandatory for tourists, to issue global tender for insurance provider - 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The contracts will pay out an amount equivalent to the loans in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626944,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/mandatory-insurance-for-tourists-in-the-works\/","url_meta":{"origin":626097,"position":1},"title":"Mandatory insurance for tourists in the works?","author":"enterpriseam admin","date":"16 July 2018","format":false,"excerpt":"Mandatory insurance for arriving tourists in the works? The Financial Regulatory Authority is drafting a bill that would force tourists to pay a nominal personal insurance fee, deputy head Reda Abdel Moty said yesterday, Al Mal reports. The preliminary draft extends coverage to life as well as healthcare, he said,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624707,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/fra-to-complete-insurance-act-draft-this-month-expects-to-send-it-to-cabinet-by-december\/","url_meta":{"origin":626097,"position":2},"title":"FRA to complete Insurance Act draft this month, expects to send it to cabinet by December","author":"enterpriseam admin","date":"17 September 2018","format":false,"excerpt":"**#3 LEGISLATION WATCH- Insurance will be mandatory for everything under the sun as part of draft Insurance Act now being finalized: The Financial Regulatory Authority is expected to complete a draft of the new Insurance Act and submit it to the board for approval before the end of this month,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621230,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/insurance-act-to-require-insurance-on-electronic-banking-transactions\/","url_meta":{"origin":626097,"position":3},"title":"Insurance Act to require insurance on electronic banking transactions","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"LEGISLATION WATCH- Insurance Act to require insurance on electronic banking transactions: The Insurance Act, which is currently under review by the Financial Regulatory Authority (FRA) board, is expected to introduce compulsory insurance on internet banking to protect banks against cyber attacks, FRA boss Mohamed Omran said. The legislation, which would\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598642,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-fra-wraps-up-insurance-act-consultations\/","url_meta":{"origin":626097,"position":4},"title":"Egypt\u2019s FRA wraps up Insurance Act consultations","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"LEGISLATION WATCH- Regulator wraps up Insurance Act consultations: The Financial Regulatory Authority (FRA) has wrapped up several rounds of consultations on the new Insurance Act, FRA head Mohamed Omran said, according to a statement (pdf). There was no mention of the outcome of the sessions, which saw participation from industry\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/232.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627048,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/fra-completes-capital-markets-act-regs-to-make-life-insurance-mandatory-for-sme-financing\/","url_meta":{"origin":626097,"position":5},"title":"FRA completes Capital Markets Act regs, to make life insurance mandatory for SME financing","author":"enterpriseam admin","date":"18 July 2018","format":false,"excerpt":"LEGISLATION WATCH- FRA completes Capital Markets Act regs allowing sukuks, margin trading, futures market, green bonds: The Financial Regulatory Authority (FRA) completed yesterday the final amendments on the executive regulations for the new Capital Markets Act, which include provisions that govern the issuing of green bonds, sukuk, margin trading, and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=626097"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626097\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626087"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626097"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626097"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}