A global project for the Pyramids area… happy surprises from Egyptian banks… and an important agreement with Jordan… Welcome to Monday News Harvest
And starting with the Council of Ministers… Dr. Mostafa Madbouly, Prime Minister, held a meeting today; To review the global proposal procedures for planning the area surrounding the pyramids and the Grand Egyptian Museum, and up to Sphinx Airport in the north and Dahshur in the south, in the presence of Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities, and Abdel Khaleq Ibrahim, Assistant Minister of Housing.
At the beginning of the meeting, the Prime Minister indicated that this meeting comes within the framework of a series of meetings and gatherings that are being held within the framework of interest in the pyramids area, the Grand Egyptian Museum, which we will witness the opening of soon, and the neighboring and surrounding archaeological areas, which are registered with UNESCO.
Pointing out the unique historical and archaeological treasures contained in this region and its surroundings, which requires placing it on the agenda of attention and raising the efficiency of the level of services provided to its foreign and Egyptian visitors, in a manner commensurate with its status and archaeological and historical value.
And we go to important news… In conjunction with the International Day of People of Determination, which is celebrated tomorrow, December 3, and the financial inclusion activities for people of determination under the auspices of the Central Bank, which continue for two weeks until the middle of this month, several banks operating in the banking sector revealed a set of their free services, which vary between… Opening current and savings accounts for free, without a minimum and opening fees, issuing debit and credit cards for free, and opening electronic wallets for free, in addition to cashback on financial transactions.
Banque Misr revealed many free services in conjunction with the financial inclusion initiative for people of determination under the auspices of the Central Bank, including opening a current or savings account without fees and without a minimum for opening the account, in addition to obtaining a free prepaid instant debit card (for a current and savings account). Only), exemption from prepaid card issuance fees within the youth program for customers under 16 years old
The Commercial International Bank announced a package of free services, also without a minimum, including opening a “Bedaya” account with an annual return of 6% and a monthly return payment period, issuing a direct debit card for free, in addition to benefiting from other services such as the prepaid Meeza card “Carti” and the smart wallet. cib.
We go to Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, who witnessed, along with his Jordanian counterpart, Dr. Saleh Al-Kharabsheh, Minister of Energy and Mineral Resources of the Hashemite Kingdom of Jordan, the signing of a cooperation agreement in Cairo, according to which the economic benefit from the Egyptian infrastructure to receive imported liquefied natural gas to serve the Jordanian side will be maximized.
Following the signing, Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, stated that the agreement comes within the framework of the commitment of the two brotherly countries to continuous integration in the natural gas sector to participate in securing supplies and achieving mutual benefit, by enhancing the benefit from the infrastructure, which is the cornerstone of this cooperation and integration that achieves For the benefit of both sides, he thanked the work team from both sides, represented by the Ministries of Petroleum and Energy, the Egyptian Natural Gas Holding Company, and the Jordanian National Electricity Company for the efforts that contributed to the completion of this agreement. .
We go to Gamal Awad, Chairman of the Board of Directors of the National Social Insurance Authority, who announced that the minimum insurance subscription wage would be raised to 2,300 pounds instead of 2,000 pounds. The maximum insurance subscription wage was also raised to be 14,500 pounds instead of 12,600 pounds, effective January 1, 2025. .
Awad explained that this will result in raising the minimum pension for those whose service ends as of January 1, 2025, to become 1,495 pounds instead of 1,300 pounds, and the maximum pension will reach 11,600 pounds instead of 10,080 pounds.
Awad stressed that the decision to raise the minimum and maximum limits for the insurance contribution wage is in accordance with the provisions of the Social Insurance and Pensions Law promulgated by Law No. 148 of 2019, which included an annual mechanism to increase these two limits, and this comes within the framework of implementing the axes of reforming the social insurance system with the aim of improving the values of pensions due to the insured. Upon the end of their service and entitlement to pension.
