{"id":633472,"date":"2024-07-15T00:00:00","date_gmt":"2024-07-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/15\/unified-ins-law-is-now-the-law-of-the-land\/"},"modified":"2024-07-15T00:00:00","modified_gmt":"2024-07-15T00:00:00","slug":"unified-ins-law-is-now-the-law-of-the-land","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/15\/unified-ins-law-is-now-the-law-of-the-land\/","title":{"rendered":"Unified Ins. Law is now the law of the land"},"content":{"rendered":"

Good afternoon, friends and happy Monday. <\/strong>We are still waiting for the newscycle to pick up on the second day of the business week. Meanwhile\u2026<\/p>\n

PSA- <\/p>\n

We have another long weekend ahead. <\/strong>The public and private sectors will be off on Thursday 25 July in observance of the 23 July Revolution, Prime Minister Moustafa Madbouly announced today<\/a>.<\/p>\n

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THE BIG STORY TODAY-<\/p>\n

El Sisi ratifies Unified Ins. Law following approval from the House:<\/strong> President Abdel Fattah El Sisi has given the final approval for the Unified Ins. Law, which will draw up new and comprehensive rules for regulating the ins. industry and widen compulsory ins. coverage, according to the Official Gazette. <\/p>\n

What it entails:<\/strong> The law will \u201cregulate ins. companies, special funds, obligatory operations such as highway accidents, and state the new supervisory rules for the ins. industry,\u201d Economic Affairs Committee Head Mohamed Soliman said<\/a> in April.<\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

The headlines are still following the fallout from the attempted assassination of <\/strong>Donald Trump.<\/strong> World leaders including current POTUS and Trump\u2019s Democratic opponent Joe Biden, have spoken out against the attempted assassination on the presumptive Republican candidate\u2019s life. Despite the Democrats\u2019 decision to halt campaigning, the presidential elections are still underway as planned with Trump\u2019s support. Experts predict that the attack has increased Trump\u2019s odds of clinching the elections. Trump is expected to be formally nominated as a presidential candidate at the Republican National Committee on Thursday. (NYT<\/a> | Reuters<\/a> | Bloomberg<\/a> | CNN<\/a>)<\/p>\n

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