Tags Result

NOSI raises insurable wage limits starting January 2026

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.

Updated 12/1/2025 7:27:00 AM
Fawry, Orange Egypt to boost insurance services via Fawry Cover

Fawry for Banking Technology and Electronic Payment has partnered with Orange Egypt to launch Fawry Cover services, provided through Fawry Insurance Brokerage, to all Orange customers

Updated 11/30/2025 3:52:00 PM
FRA allows insurers to invest in gold for 1st time in Egypt

The Financial Regulatory Authority (FRA), headed by Mohamed Farid, allowed insurance and savings companies to directly invest in precious metals, mainly gold, for the first time in Egypt.

Updated 11/12/2025 3:16:00 AM
Al Khair River renews cleaning services contract with NOSI

Al Khair River for Development, Agricultural Investment, and Environmental Services renewed its contract with the National Organization for Social Insurance (NOSI) for another year.

Updated 10/21/2025 9:20:00 AM
FRA-supervised financings total EGP 773B by July 2025

The total financing granted by entities subject to the Financial Regulatory Authority's (FRA) oversight, including capital market and non-banking financing activities, hit EGP 773 billion during the period from January to July 2025.

Updated 10/2/2025 11:46:00 AM
Kaf Insurance expands corporate solutions with digital pension platform in Egypt

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.

Updated 9/1/2025 12:22:00 PM
FRA issues new financial solvency standards for insurance companies

The board of the Financial Regulatory Authority (FRA), headed by Mohamed Farid, issued Decision No. (148) of 2025 regarding new standards for financial solvency required at insurance and reinsurance companies.

Updated 8/5/2025 12:59:00 PM
FRA, Jefferies outline plans to reinforce Egypt’s non-banking financial sector

Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA), met with representatives of Jefferies to explore investment opportunities in the non-banking financial segments, particularly the insurance sector

Updated 7/20/2025 2:52:00 AM
Egypt rolls out broader personal accident insurance policy for citizens abroad

The Ministry of Foreign Affairs and Immigration, in cooperation with the Financial Regulatory Authority (FRA), has developed a more comprehensive personal accident insurance policy for Egyptians abroad and their families.

Updated 7/6/2025 3:56:00 AM
FRA extends submission deadlines for insurance companies’ financial statements

The Financial Regulatory Authority (FRA) has issued decision No. 126 of 2025 extending the deadlines for submitting periodic financial statements for insurance companies and insurance pools, as part of ongoing efforts to ease procedural requirements and support sector growth.

Updated 6/19/2025 11:56:00 AM
FRA issues new rules for insurance, reinsurance brokerage under unified insurance law

The Board of Directors of the Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued decision No. 69 of 2025, setting professional rules and standards for the registration and practice of insurance and reinsurance brokerage.

Updated 6/18/2025 12:11:00 PM
Beyond Paperwork: The Rise of Digital Insurance in Egypt

In recent years, Egypt has embarked on a significant journey to transform its health insurance sector through digital transformation. Such a shift promises to unlock substantial economic benefits for the nation.

Updated 5/12/2025 8:55:00 AM
FRA mandates real-time data registration for insurance companies

The board of directors of the Financial Regulatory Authority (FRA) issued Decree No. 58 of 2025 regarding obligating insurance companies to register their real-time data on the electronic platform linking them with the authority.

Updated 3/27/2025 10:07:00 AM
FRA sets new capital requirements for insurance firms

The board of directors of the Financial Regulatory Authority (FRA) issued Decree No. 196 of 2024, setting the minimum capital for Egypt-based insurance companies

Updated 1/20/2025 8:51:00 AM
Total funding from FRA-supervised entities hit EGP 718B in 10 months

Total financing allocated by the entities subject to the Financial Regulatory Authority’s (FRA) supervision amounted to EGP 718 billion during the first 10 months of 2024.

Updated 1/5/2025 1:53:00 AM
Egypt’s Insurance Industry: Economic Stability and Promising Future

The insurance system in Egypt plays a pivotal role in the country's economic framework, providing essential coverage across various sectors to both individuals and corporates. The economic impact of the insurance sector in Egypt is profound, as it mitigates risk and enhances financial stability, particularly for small- and medium-sized enterprises (SMEs). Insurance provides a safety net, fostering a conducive environment for business growth and innovation.

Updated 12/16/2024 8:21:00 AM
Egypt’s IFE acquires 350 carbon certificates to support sustainability 

The Insurance Federation of Egypt (IFE) has acquired 350 carbon emission reduction certificates from the Minya Group Project, an initiative by the Egyptian Biodynamic Association.

Updated 12/3/2024 4:10:00 PM
FRA approves digital issuance, distribution of standard insurance policies

The Financial Regulatory Authority (FRA) has issued decision No. 267 of 2024 regulating the issuance and distribution of new standard insurance policies electronically.

Updated 11/24/2024 5:23:00 AM
IFE seals 3 MoUs to support the insurance industry in Egypt

The Insurance Federation of Egypt (IFE) has signed three separate memoranda of understanding (MoUs) with each of Egypt Post, e-Finance, and the General Arab Insurance Federation (GAIF) to support the insurance industry.

Updated 11/11/2024 12:52:00 PM
FRA-supervised entities provide EGP 51.5B in total financing end-August

The total financing granted by entities under the supervision of the Financial Regulatory Authority (FRA) reached EGP 51.5 billion by the end of August 2024.

Updated 11/7/2024 3:09:00 AM