Regulatory Alerts2009-01-01
Ministerial Decision No. 1480 of 2009 of the Minister of Agriculture and Land Reclamation
The Egyptian Minister of Agriculture and Land Reclamation issued Ministerial Decision No. 1480 of 2009 to amend the Internal Regulations of the Cooperative Insurance Fund for Fishing Boats. The decision raises the death compensation payable to workers on fishing vessels to twenty thousand Egyptian pounds, effective upon publication in the Egyptian Gazette. This amendment follows approval by the Financial Regulatory Authority and implements a prior resolution by the Fund's Management Committee to update worker benefits.
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