09:26
cairo, gmt + 2
24 June
Wednesday, 2026
Tue, 23 Jun 2026 - 12:31 GMT
The Ministry of Social Solidarity is also working with government entities, private-sector partners and civil society organisations to expand economic empowerment programmes for beneficiaries.
Magazine
Be Social
Their registration marks the launch of a new regulatory framework introduced under FRA Board Resolution No. 278 of 2025, which created a dedicated register for receivables collection companies.
The directive also prohibits the use of bank financing for cash dividend distributions and employee bonus shares, as part of efforts to strengthen controls over the use of credit across the banking sector.
The benchmark EGX30 rose by 0.11 percent to close at 52,679.45 points.
The ministry said the new well is scheduled to begin production by the end of the current month, with an initial output of around 15 million cubic feet per day, in addition to 500 barrels per day of condensates.
The comments came during a ceremony marking a partnership between Egyptian company Midar Investment and Urban Development and UAE-based Majid Al Futtaim to develop an integrated urban project in Mada City, New Cairo.
The analysis reviewed more than 5.4 million job applications submitted by over 400,000 active job seekers across more than 50,000 job postings, examining recruitment patterns, employer engagement, and salary expectations.
The signing ceremony was held at the Cabinet headquarters in the New Administrative Capital.
The agreements are designed to support Egyptian exporters, strengthen local supply chains, accelerate digital transformation and smart manufacturing, and improve the competitiveness of Egyptian industry in domestic and international markets.
Following ceremony, Al-Mashat expressed her gratitude to the United Nations Secretary-General and the Commission’s Member States for the confidence they placed in her.
The Prime Minister welcomed Rania Al-Mashat, voicing his sincere compliments on her appointment to her new position and wishing her success in her duties, which will contribute to strengthening the role of ESCWA in supporting development efforts and economic integration in the Arab region.
New Issue
