Back to the complete issue
Thursday, 16 September 2021

Ins. fund for medical staff approved by cabinet

There was not much of note from the cabinet’s weekly meeting yesterday, which saw the approval of:

  • An ins. fund that would pay out EGP 100k to the families of medical professionals who sustain an injury that causes disability or die on the job. Compensation of EGP 20k-80k would be paid to those who had sustained a partial disability, while 100k would be paid in the event of total disability or death.
  • A draft presidential decision to establish a branch of Canada’s Ryerson University in Egypt, and amendments to the 2019 law regarding the establishment of Canadian universities in Egypt to allow them to offer MBA programs.
  • A partnership between the Education Ministry and Silo Egypt for Food Industries for the provision of school meals. This comes as part of a larger presidential mandate to improve child nutrition which is expected to cost a total of EGP 7.7 bn.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.