Browsing: middle_east

This measure aims to synchronize the pension disbursement date for all customers, ensuring uniformity in the payout of insurance benefits and the procedures among retirees and beneficiaries of the retirement and social insurance systems in the Kingdom

The announcement followed a record $35bln investment deal with UAE and coincided with a sharp devaluation of the currency and a 600-basis-point increase in the central bank’s overnight interest rates, breathing new life into Egypt’s flagging finances