Water Ministers of Egypt, Nigeria meet to enhance collaboration

Egyptian Minister of Water Resources and Irrigation, Hani Sewilam, and Nigerian Minister of Water Resources, Joseph Utsev, met to discuss ways to strengthen bilateral cooperation in the water sector. Minister Sewilam expressed his pleasure in meeting with Minister Utsev and emphasised his commitment to solidifying the existing relationship between the…

Egypt to organize reverse exhibitions for local spare part production

Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, announced a series of initiatives aimed at advancing national industry and protecting the interests of manufacturers. These include measures to prevent land speculation in industrial zones, ensuring that no industrial facility is closed without a…

Egypt sets new minimum capital requirements for insurers

The Board of Directors of Egypt’s Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decree No. 196 of 2024, setting new minimum capital requirements for insurance companies. The decree implements provisions of the Unified Insurance Law issued in July 2024. The decree mandates a phased capital increase for…

E-Gate platform for ship supplies launches in Egypt, UAE, and Greece

Dominic Development and Investment Company has unveiled its integrated electronic platform, The E-Gate, designed to streamline ship supply services. Initially launched in Egypt, the platform will expand to the UAE and Greece. The E-Gate aims to enhance maritime supply services for vessels transiting the Suez Canal and Egyptian ports, marking…

University of Exeter to establish first African campus in Egypt

Prime Minister Mostafa Madbouly attended on Sunday the signing ceremony of a memorandum of understanding (MoU) to establish the first-ever African campus for the University of Exeter, a member of the UK’s prestigious Russell Group of Universities. This pioneering campus will be located in Egypt, marking a significant milestone in…
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