Saudi Arabia's upcoming voluntary pension and savings scheme, open to Saudis and foreign workers, which aims at increasing household savings and potentially reduce remittance outflows is welcome, the International Monetary Fund (IMF) has said.
The Turkish insurance sector demonstrated significant growth in 2024, with total profits reaching TRY31.8bn, a 59.46% increase compared to the previous year, according to KPMG, a global professional services firm.
The Moroccan government is preparing to launch, by 2026, a structural reform of the pension system to ensure its sustainability while maintaining the rights of subscribers.