Takaful and Karama a national model to be emulated globally in social protection: Al-Mashat
Al-Mashat stated the 2025/2026 development plan allocates EGP 327bn for human development, an annual 22% increase. She noted the World Bank has provided EGP 70bn in development financing for the programme since 2015, with EGP 1.2bn for economic empowerment of beneficiary families. Social protection and human development are government priorities, she added.
The celebration was attended by former Prime Minister Ibrahim Mahlab, several ministers including Khaled Abdel Ghaffar and Maya Morsy, as well as Ghada Waly, UNODC Executive Director, and Stephane Gimbert, World Bank Regional Director.
Al-Mashat highlighted the programme's reflection of state commitment to social justice and human capital. Government plans until 2027 aim to expand social protection, focusing on female-headed households.
The minister underscored Takaful and Karama integrates social protection with education and health. Since 2015, Egypt has mobilised approximately $1.4bn (EGP 70bn) from the World Bank, alongside technical support. The UK also provided a grant to enhance the Ministry of Social Solidarity's capacities.
These efforts have reached over 4.6m families and about 17m beneficiaries. Al-Mashat reported 51% of Takaful beneficiary families comply with health conditions, 63% with education requirements, and 100% receive cash electronically. Women constitute 75% of cardholders.
Al-Mashat confirmed $25m (EGP 1.2bn) from World Bank funding is for micro-enterprise financing. The 'Foras' (Opportunities) programme also trains beneficiaries.
The 2025/2026 budget allocates about EGP 732.6bn for social protection. Human development investments will reach approximately EGP 327bn.
Al-Mashat mentioned Egypt presented its Takaful and Karama experience at the 2025 World Bank Spring Meetings, where it was praised. She thanked early contributors Ghada Waly and Nevine El-Kabbaj, and congratulated Maya Morsy.
Prime Minister Madbouly honoured Al-Mashat and other ministers for their contributions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
43 minutes ago
- See - Sada Elbalad
Grand Egyptian Museum Launches Summer Jewelry-Making Program for Adults
Waleed Farouk The Education Department at the Grand Egyptian Museum in Cairo has announced the launch of a new and unique summer educational program tailored for adults. This initiative is part of the museum's ongoing efforts to raise awareness of ancient Egyptian heritage and provide distinctive learning opportunities to the public. Titled "Jewelry Making in Ancient Egypt", the program aims to introduce participants to the craftsmanship and artistry of the ancients, with a strong focus on practical and hands-on experiences. A central goal of the program is to teach participants how to work with copper sheets, a primary material in ancient jewelry-making. Attendees will learn the basic principles of artistic jewelry design, alongside essential metal-forming and assembly techniques. The program will also explore how to incorporate the aesthetic and symbolic value of gemstones into the designs, reflecting the refined artistic sensibilities that characterized ancient Egyptian civilization. Targeting adults aged 18 and above, the workshop offers a rich and engaging educational experience. It will be held weekly on Mondays at 10:00 AM at the museum's Education Department, allowing for greater flexibility and optimal benefit for participants. Importantly, this course is offered free of charge, underscoring the Grand Egyptian Museum's commitment to making knowledge accessible to all, regardless of financial barriers. Required materials for personal use will be determined in coordination with the instructor, ensuring that each participant has the appropriate tools and resources for high-quality work. This program represents a valuable addition to the museum's educational offerings, highlighting its dedication to its cultural and educational mission. It presents a harmonious blend of tradition and modern learning, while helping to revive and sustain Egypt's ancient traditional crafts. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Arts & Culture Hawass Foundation Launches 1st Course to Teach Ancient Egyptian Language Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Al-Ahram Weekly
an hour ago
- Al-Ahram Weekly
Cairo hosting trilateral talks on Gaza humanitarian aid, ceasefire - Foreign Affairs
Cairo is hosting delegations from Egypt, Qatar, and Israel for discussions on humanitarian aid for Gaza and efforts to secure a ceasefire, the Egyptian news channel Al-Qahera News reported on Tuesday. The tripartite talks are addressing the delivery of aid, the evacuation of patients, and the return of stranded individuals. The discussions are part of Egypt's ongoing efforts to broker a ceasefire in the Gaza Strip. Informed sources told the channel that the meetings have witnessed notable progress, with consensus reached on several humanitarian-related provisions within the proposed ceasefire agreement. The talks are scheduled to continue over two days. These consultations reflect Egypt's commitment to overcoming the obstacles hindering a comprehensive ceasefire and its determination to ensure the entry of sufficient and appropriate humanitarian assistance to residents of the strip, the sources added. On Monday, Al-Qahera News reported that Hassan Rashad, head of Egypt's General Intelligence Service, held talks on a Gaza ceasefire with Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, alongside Palestinian and Israeli delegations. Over the past week, indirect negotiations between Israel and Hamas resumed in the Qatari capital. Despite international momentum, the two sides remain at odds over key terms. A Palestinian source told AFP that Israel's insistence on maintaining a military presence in Gaza has stalled a proposed 60-day pause in fighting. On the other hand, an Israeli official, speaking to AFP, accused Hamas of deliberately blocking a deal, as the group rejected new Israeli demands to retain forces in over 40 percent of Gaza. Hamas accused Israeli Prime Minister Benjamin Netanyahu of being the main obstacle. Since October 2023, Israel's war on Gaza has killed 57,680 Palestinians — the majority women and children — and injured 137,409 others, according to the strip's health ministry. Egypt, alongside Qatar and the United States, has been a key mediator in efforts to end the war, now entering its 21st month. Follow us on: Facebook Instagram Whatsapp Short link:
Daily News Egypt
2 hours ago
- Daily News Egypt
Al-Sisi welcomes Trump's remarks on Nile Dam, endorses US vision for ‘just peace'
Egyptian President Abdel Fattah Al-Sisi on Tuesday welcomed recent comments by US President Donald Trump regarding the Nile Dam in Ethiopia, voicing support for what he described as Trump's 'vision for achieving a just peace' in global conflict zones. In a statement shared on his official social media platforms, Al-Sisi praised what he called the US administration's 'serious efforts' to mediate international disputes and end wars. He expressed confidence in Trump's ability to help resolve complex issues—including ongoing conflicts in Ukraine, Palestine, and across Africa. Addressing the Nile dam dispute, Al-Sisi said Egypt values Trump's interest in securing a fair agreement that safeguards the interests of all stakeholders, while reaffirming Egypt's view of the Nile as a 'source of life' for its people. Trump's remarks came during a meeting Monday with NATO Secretary-General Mark Rutte, in which he referenced the Ethiopian dam, describing it as 'one of the largest in the world.' He added that it had 'stopped the flow of water to what's known as the Nile River'—a rare public alignment with Cairo's long-held concerns that GERD poses a potential threat to Egypt's water security. 'If I were Egypt, I'd want the water in the Nile,' Trump said, before adding, 'We believe this issue will be resolved very soon.' The comments sparked debate, particularly over Trump's apparent acknowledgment that the US had supported the dam's construction—an unexpected development amid longstanding tensions between Egypt and Ethiopia over Nile water rights. Negotiations over the Grand Ethiopian Renaissance Dam (GERD), have repeatedly stalled in recent years despite international mediation. Egypt fears the dam will significantly reduce its share of Nile water, while Ethiopia insists the project is essential for economic development and electricity generation.
