#egypt dollars
Egypt’s Financial Regulatory Authority announced the launch of the first US dollar-based pension plan for Egyptians residing overseas, on Monday, 15 August. This plan will be issued by Misr Life Insurance Company, in cooperation with the National Bank of Egypt (NBE). This pension plan, which starts with a one-time payment of a minimum of USD 500 (EGP 15,451) and a maximum of USD 10,000 (EGP 309,034), is open to Egyptian expatriates aged 18 to 59. Pensioners can choose to redeem…
