prime minister

PM directs Ministers of Petroleum, Finance to pay 20-25% of arrears

Mon, 27 May 2024 - 06:39 GMT

Addressing the government’s fiscal priorities, Madbouly stated that the main concern is to ensure revenues match expenditures over the next three years.

Volume of Rubex International Company's investments in Egypt record $12M

Mon, 27 May 2024 - 03:38 GMT

Since its establishment, the company has already invested approximately $12 million in Egypt.

PM promotes industrial, agricultural projects during inspection tour

Mon, 27 May 2024 - 01:09 GMT

As part of this tour, he visited the Alexandria Agricultural Company Lamar in Noubaria, Beheira Governorate.

PM praises journalism as profession, journalists, Egyptian Journalists Syndicate

Thu, 23 May 2024 - 10:09 GMT

Egypt’s Prime Minister Mostafa Madbouli praised on Thursday journalism as a profession, voicing appreciation of the role played by journalists and the Egyptian Journalists Syndicate (EJS) to serve national interests.

Egypt considers Tanzania one of its most important strategic partners in Africa, PM Madbouly

Wed, 22 May 2024 - 06:44 GMT

Prime Minister Mostafa Madbouly has emphasized the strength of Egypt-Tanzania relations, noting that Egypt considers Tanzania one of its most important strategic partners in Africa.

Arab Financial Institutions, Egypt: strengthened partnership for development

Wed, 22 May 2024 - 05:14 GMT

Prime Minister Madbouly commended the Arab financial institutions for their steadfast support of Egypt in recent years, which has contributed to the financing of major development projects in the country.

State spending limit to curb inflation says PM

Tue, 21 May 2024 - 02:28 GMT

Minister of Finance, Mohamed Maait, revealed the cap back in March, noting that it aimed to create more opportunities for the private sector to participate in the economy

SCZone inks contracts for 144 projects, with $3.2B investments

Mon, 20 May 2024 - 10:02 GMT

El-Din further highlighted that the projects will create over 25,000 direct and indirect job opportunities upon completion of their establishment and operation.

Egypt’s entrepreneurship sector attracts over $2B in investments during past 4 years

Sat, 18 May 2024 - 08:17 GMT

Emphasizing Egypt’s commitment to fostering entrepreneurship, Madbouly highlighted the establishment of a dedicated unit for entrepreneurship and emerging companies.

Egypt, Saudi Arabia to foster joint collaboration

Thu, 16 May 2024 - 03:05 GMT

The meeting emphasized the importance of injecting investments into multiple sectors and highlighted the potential for capitalizing on the available opportunities within the Egyptian market.

PM Madbouly reveals Egypt has received $14B from Ras El Hekma agreement with UAE

Wed, 15 May 2024 - 03:58 GMT

In an official statement, Madbouly also stated that Egypt is working with the UAE to waive an Emirati deposit of $6 billion in the Central Bank of Egypt (CBE) and convert it to Egyptian pounds

Egypt designates land to build 10 GW wind energy project with $10B investments

Wed, 15 May 2024 - 03:20 GMT

This project is part of the memorandum of understanding signed during COP27 in Sharm El Sheikh in November 2022 between the alliance, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority.

PM: Egypt receives 2nd installment of 'Ras el-Hekma' deal from UAE

Wed, 15 May 2024 - 01:01 GMT

Egyptian Prime Minister, Dr. Mostafa Madbouly, chaired Wednesday the weekly cabinet meeting, at the government headquarters in the New Administrative Capital, where a number of important work files were discussed and reviewed.

PM meets members of ECBM, CBMI to bolster sector's exports

Tue, 14 May 2024 - 04:10 GMT

The primary objective of the meeting was to bolster the sector's exports in the upcoming period, as emphasized by Madbouly.

IFC intends to finance Egypt’s private sector by over 1B in 2024

Sun, 12 May 2024 - 02:33 GMT

The objective is to increase the private sector's contribution to the state's total investments to 65 percent.

PM emphasizes government’s commitment to support private sector

Sun, 12 May 2024 - 02:03 GMT

The Egyptian government is committed to paving the road for more contributions from the private sector, the prime minister stated

Egypt, Jordan to collaborate across media technology sector

Thu, 09 May 2024 - 03:18 GMT

The protocol encompassed a wide range of areas, with particular emphasis on emerging media technologies and cutting-edge advancements.

Egypt aims to boost South Korean investments across sectors | PM

Thu, 02 May 2024 - 12:27 GMT

The sectors focused on the meeting were electronics, electrical appliances, textiles, oil and gas, nuclear energy, iron and steel, petrochemicals, manufacturing subway cars, and importing Egyptian agricultural products.

PM discusses renewable energy projects with SCATEC CEO, focuses on clean fuel transition

Wed, 01 May 2024 - 01:42 GMT

The solar energy project will be implemented in two phases and has already secured a cooperation agreement with the Ministry of Electricity. Funding for the project will be sourced from renowned international financial institutions.

Egypt, Belarus strengthen trade system with agreement to enhance customs cooperation

Tue, 30 Apr 2024 - 03:31 GMT

This agreement is a result of the continuous collaboration between the Egyptian Customs Authority and the State Customs Committee of Belarus.