prime minister

Saudi Crown Prince announces new $5B investment in Egypt via PIF

Tue, 17 Sep 2024 - 01:50 GMT

Although specific details about the investment areas and deployment timeline remain undisclosed, this move represents a significant advancement in bolstering economic cooperation between the two countries

New Egyptian-Saudi Investment Protection Agreement set to finish within 2 months: PM

Mon, 16 Sep 2024 - 04:47 GMT

Madbouly emphasized the government’s commitment to resolving these issues by the end of 2024 and highlighted the ongoing efforts to facilitate smoother interactions with Saudi investors.

New Egyptian-Saudi Investment Protection Agreement set to finish within 2 months: PM

Mon, 16 Sep 2024 - 04:47 GMT

Madbouly emphasized the government’s commitment to resolving these issues by the end of 2024 and highlighted the ongoing efforts to facilitate smoother interactions with Saudi investors.

Madbouly meets with Saudi Minister of Investment to discuss new bilateral agreements

Mon, 16 Sep 2024 - 11:59 GMT

During the meeting, Madbouly underscored the expansive investment partnership between Egypt and Saudi Arabia, emphasizing its role in delivering substantial economic benefits to both countries.

Madbouly instructs creation of new entrepreneurship-centered ministerial group

Wed, 11 Sep 2024 - 03:54 GMT

The group aims to foster competitiveness, promote knowledge-driven development, and create decent job opportunities.

Madbouly emphasizes Africa’s vast economic potential at China-Africa form

Thu, 05 Sep 2024 - 03:46 GMT

On behalf of President El Sisi, Prime Minister Mostafa Madbouly addressed the second high-level session of the Forum on China-Africa Cooperation (FOCAC), focusing on economic opportunities and strategic investments

China-Egypt bilaterial ties strengthen, China grants Egypt $14M for joint projects

Thu, 05 Sep 2024 - 12:55 GMT

Madbouly, who is attending the China-Africa Cooperation Forum (FOCAC), met with Zhao on Wednesday, praising China for its achievements in construction and urban development, positioning it as a vital ally in addressing global challenges

PM and head of drug authority review progress on improving medicine availability

Mon, 02 Sep 2024 - 01:09 GMT

Egypt has struggled with a significant medication shortage over the last few months, exacerbated by a foreign currency crisis that impacted pharmaceutical production and imports

Madbouly: Egypt to disburse LE 10B to stabilize pharmaceutical market and prices

Thu, 29 Aug 2024 - 02:15 GMT

Two weeks ago, the government announced it allocated LE 7 billion to tackle these shortages, focusing on enhancing production, securing raw materials, and developing factory infrastructure

Madbouly and Kouchouk review efforts to lower debt levels

Thu, 29 Aug 2024 - 02:10 GMT

The meeting also addressed the government’s strategies for maintaining fiscal discipline and ensuring that the debt-to-GDP ratio continues to decline

Egypt, Saudi Arabia to enhance agreement for investment cooperation

Mon, 19 Aug 2024 - 03:38 GMT

Emphasizing the pivotal role of this pact, the Prime Minister underlined how it would fortify the existing cooperation frameworks between Egypt and Saudi Arabia, fostering a surge in mutual investments.

Hydrogen Strategy expected to boost Egypt’s GDP to around $18 billion by 2040: Cabinet

Thu, 15 Aug 2024 - 02:42 GMT

The Cabinet announced on Thursday launching Egypt’s National Low Carbon Hydrogen Strategy to enhance the country’s efforts in diversifying renewable and sustainable energy sources

Madbouly and accountability authority head discuss enhancing governance and int’l coop

Mon, 12 Aug 2024 - 05:22 GMT

ASA chairman El-Faisal, who previously held the position of ASA’s Deputy Chairperson, outlined the ASA’s recent achievements during the meeting

Madbouli: Development of pyramids plateau improves tourism movement

Mon, 12 Aug 2024 - 02:42 GMT

Prime Minister Mostafa Madbouli inspected on Monday the archaeological area in the Pyramids plateau accompanied by Minister of Tourism Sherif Fathi and Giza governor Adel El Naggar.

Egypt has strong interest in growing mobile phone manufacturing industry: PM

Sun, 11 Aug 2024 - 05:10 GMT

Prime Minister Mostafa Madbouly highlighted that the government has a strong interest in the mobile phone industry, both for meeting local demand and for export purposes in a recent cabinet meeting.

Last week’s foreign capital outflows reflect only 7-8% of total holdings: PM

Sun, 11 Aug 2024 - 12:33 GMT

Madbouly noted that this movement of capital was largely due to Egypt's flexible exchange rate policy, which allowed for high-value withdrawals, according to Reuters

Hisense, FBB TECH to establish $38M electrical appliances factory in SCZone

Thu, 08 Aug 2024 - 12:21 GMT

The project, spanning 110 thousand square meters, aims to achieve a production capacity of 2.5 million units.

Egypt, Saudi Arabia cooperate to boost bilateral investments

Thu, 01 Aug 2024 - 03:06 GMT

Madbouly reiterated Egypt's commitment to overseeing and streamlining processes related to Saudi investments, aiming to attract a greater influx of new investments.

PM Madbouly launches ‘100 million seha’ initiative from Alamein

Wed, 31 Jul 2024 - 08:33 GMT

Egypt’s Prime Minister Mostafa Madbouly announced on Wednesday launching the ‘100 million seha’ initiative to provide all health services to all Egyptian citizens, during visiting the New City of El Alamein and the New Alamein Festival.

Egypt’s PM Mostafa Madbouly visits New Alamein Festival, praises United Media Services for its role

Wed, 31 Jul 2024 - 05:20 GMT

Egypt’s Prime Minister Mostafa Madbouly visited, Wednesday the New Alamein Festival, organized by the United Media Services Company, accompanied by Minister of Health Dr. Khaled Abdel Ghaffar.

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