Cairo University fund board approves budget with 14.8% rise, studies higher benefits

Cairo University's Zamala Fund board adopted fiscal-year accounts showing a 14.8% increase and ordered a study of higher member benefits.

• The fund's board, chaired by university president Mohamed Sami Abdel Sadiq, approved the budget and final accounts for June 30, 2026, showing a 14.8% increase.
• Abdel Sadiq directed presenting the accounts to the fund's actuary to study increasing member financial benefits.
• The board approved selecting an investment manager and directed a committee to continue choosing a second to diversify fund management.
• The Financial Regulatory Authority approved Decision No. 1127 of 2026 amending the fund's statute, effective retroactively from August 1, 2025.