Egyptian-American economist Mohamed al-Erian to run for University of Cambridge Chancellor
The Chief Economic Advisor at Allianz and President of Queens' College at the University of Cambridge, Egyptian-American Mohamed al-Erian, has formally announced his candidacy for Chancellor of the University of Cambridge – one of the most prestigious academic honors in the UK.
Erian's career has a rich history that combines academic and economic work. He served for years as Chief Economic Advisor at Allianz Insurance and Investments.
He also serves as President of Queens' College, one of the most prestigious colleges affiliated with the University of Cambridge, giving his candidacy significant academic and institutional weight.
The remaining potential candidates have yet to be announced, but Erian's announcement reflects a desire to strengthen the presence of figures with international backgrounds in the leadership of British educational institutions.
These elections are expected to be closely watched by those interested in academic and economic affairs alike.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
5 hours ago
- See - Sada Elbalad
UK Unveils £15 Bln Investment in Nuclear Warhead Program
Israa Farhan British Prime Minister Keir Starmer has announced a landmark £15 billion investment in the production of sovereign nuclear warheads as part of a comprehensive strategy to modernize the UK's military and enhance national security. The plan also includes a major expansion of the country's nuclear deterrent and increased readiness for potential global conflicts. The announcement came as part of a broader defense review aimed at addressing rising global instability and mounting security threats. Starmer declared that the UK must enter a state of *combat readiness* to effectively deter future aggressors and protect its national interests. Starmer outlined three strategic priorities for the UK's updated defense posture: 1. Enhanced War Readiness The Prime Minister stated that boosting the UK's war readiness is the most effective way to deter potential aggressors. Measures include increased pay for military personnel and the development of a fully trained and more robust reserve force. 2. Strengthening NATO's Capabilities Reaffirming a NATO-first defense policy, Starmer pledged that the UK will provide its most significant contribution to the alliance since its inception. He emphasized that the UK's commitment to NATO remains unwavering and central to its defense strategy. 3. Accelerating Defense Innovation Starmer stressed the need for the UK to become the fastest innovator within the NATO alliance. The government aims to adopt a wartime pace for defense technology development, ensuring rapid adaptation to evolving threats. As part of the defense plan, the government has pledged to: Build at least six new munitions factories across the UK. Establish a hybrid Royal Navy that combines drones, warships, submarines, and advanced aircraft. Deliver up to 12 nuclear-powered attack submarines under the AUKUS security partnership with the United States and Australia. Improve housing and military equipment for armed forces personnel. Invest £15 billion in a Sovereign Warhead Program to reinforce the UK's nuclear capabilities. Under the trilateral AUKUS agreement, the UK will enhance submarine capabilities and share defense technologies with the US and Australia. The partnership plays a pivotal role in countering threats in the Indo-Pacific region and solidifying the UK's position in global security frameworks. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News China Launches Largest Ever Aircraft Carrier News Flights suspended at Port Sudan Airport after Drone Attacks
Daily News Egypt
6 hours ago
- Daily News Egypt
Egypt reaffirms ban on industrial projects on farmland, in residential areas
In a continued effort to boost industrial development while preserving vital resources, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held a meeting with investors in Beheira to address challenges facing the region's industrial zones and explore practical solutions. During the meeting, officials reviewed the implementation status of Beheira's three approved industrial zones, which span a total of 1,162.47 feddans. These include the Wadi El-Natrun Industrial Zone, covering 519.47 feddans; the Al-Tarrana Industrial Zone in Hosh Issa, covering 346 feddans; and the Nubaria Industrial Zone, covering 297 feddans. The discussions focused on land allocation, operational readiness, the availability of utilities, and the progress of ongoing infrastructure work in each zone. Attention was also given to the textile and ready-made garments industrial zone in Kafr El-Dawar. This complex, extending over more than 618,000 square meters, currently houses 138 factories operated by 103 investors. The Minister emphasized the importance of completing infrastructure and utility connections in the area to support production readiness. Al-Wazir directed officials from the Ministry of Industry, the Industrial Development Authority, and the Beheira Governorate to intensify planning efforts aimed at localizing industries based on the specific resources and advantages of each region. He noted that strategic localization should focus on sectors that deepen local manufacturing, create employment opportunities, and enhance the added value of national resources. The Minister underscored the urgency of accelerating infrastructure and utility development, while streamlining bureaucratic procedures to facilitate the rapid operation of factories. He also reaffirmed the Egyptian state's commitment to prohibiting any industrial activity on agricultural land or within residential areas, in accordance with directives from President Abdel Fattah Al-Sisi. These directives, he said, are crucial for preserving arable land and securing food supplies for future generations. Al-Wazir reiterated the government's commitment to genuine industrial development within properly designated and fully serviced zones, which offer a sustainable and regulated environment for growth. He encouraged serious investors to make use of the 1,800 industrial plots recently made available through Egypt's Digital Industrial Platform, stressing that suitable alternatives will always be offered within the planned zones. Calling on investors to prioritize the national interest, he described the preservation of agricultural land as a shared responsibility. During the meeting, several investors raised concerns about recurrent power outages and voltage fluctuations in the Wadi El-Natrun zone, which are disrupting factory operations. In response, Al-Wazir directed immediate coordination with the Ministry of Electricity and the relevant distribution companies to identify urgent and sustainable solutions. He also instructed the development of a clear technical plan to strengthen the area's electrical network and ensure stable power supply, thereby supporting uninterrupted industrial activity and preventing production delays.
Middle East
7 hours ago
- Middle East
OPEN// PM: Egypt's role in global entrepreneurship community spotlighted
CAIRO, June 2 (MENA) - Prime Minister Mostafa Madbouly underscored the pivotal role played by the Ministerial Group for Entrepreneurship in developing a well-structured approach toward startups and entrepreneurs based on the best global experiments. The move aims to achieve sustainable economic growth and spotlight Egypt's role as a key player in the global entrepreneurship community in order to enhance entrepreneurs' confidence and attract more investors and investments into the Egyptian market, he added. The premier's remarks came while chairing a meeting of the Ministerial Group for Entrepreneurship on Monday. The meeting was attended by Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, Amr Talaat, Minister of Communications and Information Technology, Ayman Ashour, Minister of Higher Education and Scientific Research, Ahmed Kouchouk, Minister of Finance, Sherif Farouk, Minister of Supply and Internal Trade, Hassan El-Khatib, Minister of Investment and Foreign Trade along with a number of senior state officials. During the meeting, Mashat, presented a report highlighting positive indicators in many startups in Egypt. She noted significant progress in the first five months of this year, with startups attracting approximately $228 million in funding through 16 deals—11 of which totaled $156 million. This marks a 130% increase, compared to the same period in 2024. The minister also outlined the key points of Egypt's forthcoming Startup Charter, which will be launched soon. The Charter aims to build trust between startups and the government by clearly committing to the system's priorities as well as coordinating efforts by different government bodies to create a more efficient, transparent, and innovation-friendly environment in a move meant to serve entrepreneurship, she added. (MENA) Y R E/R E E
