The amount of the retirement pension is one of the most significant concerns for individuals who are eligible to receive an old-age pension after years of work. Therefore, many prospective retirees wonder which year would be more advantageous for retirement. The answer to this question is not explicitly stated in Social Security Legislation, and calculations must be made separately for each year, considering the economic indicators of that year.

Egypt holds a significant place in the world with its rich history and strategic geographical location. Projected to be the third-largest economy in Africa and the 43rd largest in the world by 2024, Egypt serves as a bridge between the Middle East and Africa. Beyond being a tourist destination, it offers substantial opportunities for the business world. Hosting critical trade routes such as the Suez Canal makes Egypt a strategic player in global trade.

The rapid development of artificial intelligence (“AI”) systems, diversification of focus areas, and the increasing number of users have introduced potential harms related to privacy, ethics, security, and fundamental rights. In response to the need to mitigate these potential harms and prevent possible violations, the Council of the European Union approved the Artificial Intelligence Act (“AI Act”) on May 21, 2024, which has been under preparation since April 21, 2021, as a framework law¹.