National Organization for Social Insurance (NOSI) announced an increase in both the minimum and maximum insurable wage limits, effective January 1st, 2026, as per a statement.

Kaf Insurance, a joint venture between EFG Finance, an EFG Holding company, and GB Corp, has expanded its corporate solutions with a digital pension platform designed to support employee benefits in Egypt.

The Egyptian government is working on issuing a new social protection package.

The disbursed pensions via Egypt Post’s branches have witnessed a 22.6% climb in FY2022/2023, reaching a total of EGP 140.5 billion, compared to EGP 114.6 billion worth of pensions disbursed in FY2021/2022.

For millions in Egypt, the social insurance and pension systems serve as a crucial safety net, providing financial security during retirement, disability, and other life transitions. Managed by the National Authority for Social Insurance (NOSI) through two separate funds, these systems play a vital role in ensuring the well-being of citizens. However, the landscape is evolving. While recent reforms demonstrate a commitment to building a stronger system, ongoing challenges like inflation and limited coverage threaten its long-term sustainability.

The Egyptian government has decided to increase the minimum pension to EGP 1,300 from EGP 1,105 and the maximum pension to EGP 10,080 from EGP 8,720 as of January 2024, Chairman of the National Authority for Social Insurance Gamal Awad said.

Egyptian President Abdel Fattah El-Sisi directed the government to raise the minimum wage of the sixth category public sector employees at the state’s administrative apparatus and economic bodies to EGP 4,000 monthly.

The Egyptian Financial Regulatory Authority has launched the first US dollar-dominated pension and insurance certificate for Egyptian expats.

Egyptian President Abdel Fattah El-Sisi has directed the government to pay July’s pensions before Eid Al-Adha holiday.