Regulatory Alerts2018-01-01
Ministerial Decision No. 2291 of 2018 Establishing a Government Fund for Rapid Transport Vehicle Accident Damages in Egypt
The Egyptian Ministry issued Ministerial Decision No. 2291 of 2018 to establish a government compensation fund covering damages from accidents involving rapid transport vehicles operating within Egypt. The decree mandates the fund to process claims and cover third-party liabilities arising from specified high-speed transit incidents. It also outlines the administrative and financial procedures required to operationalize the scheme and ensure consistent victim compensation nationwide.
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