Egypt’s IT offshoring and business services sector sees strong growth momentum with 29 new agreements with technology MNCs

A signing ceremony between ITIDA and 29 global enterprises was held in Cairo, showcasing sustained confidence in Egypt’s offshoring and outsourcing sector

The agreements, witnessed by Egypt’s Prime Minister, create over 34k jobs directed towards exports 

CAIRO, Dec. 1, 2022 /PRNewswire/ — Branded as an attractive Mediterranean hub, Egypt is a choice for many as a big business destination, given its premium offshoring status. The country has proved its resilience as a leading global IT offshoring and outsourcing hub with numerous investments in the sector over the past few years. Today, the confidence of multinational partners in Egypt’s

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New life insurance program for disabled vets to launch in January

Disabled veterans will be guaranteed access to life insurance policies under a new Veterans Affairs program set to launch early next year, department officials announced Tuesday.

The move opens up basic coverage for a population of roughly 4 million individuals who in the past have struggled to qualify for life insurance plans because of their injuries and illnesses. VA officials said the new program will be open to any disabled veterans age 80 and under with no disqualifications for medical reasons.

“This is going to create more access to life insurance than ever before,” said Dan Keenaghan, executive director of

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Robinhood offering 1% retirement match as retail trading boom fades

Online brokerage Robinhood (HOOD) is rolling out retirement accounts for users of its mobile app, a move that comes as the retail trading frenzy that lifted the company’s fortunes last year fades.

Robinhood will offer customers a 1% match on its traditional or Roth IRAs, the company said Tuesday. Users can start investing on deposits of up to $1,000 before contributions settle into their accounts.

The launch brings Robinhood closer to competing more directly with established brokerages like Fidelity, Charles Schwab, and Morgan Stanley’s E*TRADE, which have participated in the marketplace for online retirement accounts for years.

Robinhood Markets, Inc.

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Asset Management: Is BlackRock becoming a tech company?

One thing to start: How Sam Bankman-Fried blurred lines between FTX and Alameda. In an interview with the Financial Times, the former billionaire admits that he was more involved in investment and financial decisions at the nominally separate trading firm than he has previously suggested.

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IRIS Business Services Launches Office 365-Based Disclosure

MUMBAI, India, Dec. 02, 2022 (GLOBE NEWSWIRE) — IRIS Business Services (NSE, BSE: IRIS), the first listed SaaS RegTech company in India, announced the launch of the latest version of their Office 365-based financial disclosure management solution. 

The disclosure management solution falls under the umbrella of the IRIS CARBON® range of products, serving global organizations with their structured financial reporting and analytics. The latest solution eliminates traditional financial and non-financial reporting hurdles by bringing in capabilities to author any report or document. This new solution highlights the collaborative capabilities it brings to finance teams for seamless financial report authoring.

Finance

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5 things to know for December 1: Ukraine, Student loans, Trump, Immigration, Uvalde



CNN
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Traders on Wall Street and many investors are in a good mood. Stocks soared Wednesday after Federal Reserve Chairman Jerome Powell said rate hikes could ease this month. With this recent rise, the Dow is more than 20% above its 52-week low, which puts it in a new bull market.

Here’s what else you need to know to Get Up to Speed and On with Your Day.

(You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.)

The US is considering a dramatic expansion in the training it provides

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Regions Bank Introduces Tuition-Free Education Benefits to All Associates Through Guild

By Evelyn Mitchell and Jeremy King

BIRMINGHAM, AL / ACCESSWIRE / December 5, 2022 / Regions Bank associates can now earn a degree, tuition-free, through Guild. The education benefits are available to all full-time and part-time associates on their first day of employment, enabling associates to further their education while building their career.

“Already, Regions Bank is an employer of choice; now, given our work with Guild, we’re empowering associates with even more opportunities to define their future while working for a company that actively invests in their success,” said Seanna McGough, head of Learning and Development for Regions Bank.

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