prime minister

Over 1,100 companies register for export burden rebate program

Thu, 28 Mar 2024 - 02:41 GMT

The primary objective of this program is to stimulate the growth of Egypt's exports, boost production levels, and generate more employment opportunities.

Egypt’s Premier follows up on outcomes of National Dialogue sessions

Thu, 28 Mar 2024 - 10:39 GMT

Egyptian Prime Minister Moustafa Madbouli met with the joint committee tasked with implementing the outcomes and recommendations of the National Dialogue, Extra News reported on Thursday.

Matariyah iftar banquet manifests ingenuity of Egyptian people, PM Madbouli

Wed, 27 Mar 2024 - 06:49 GMT

Egypt’s Prime Minister Mostafa Madbouli said the Ramadan 15 iftar banquet in Cairo's neighborhood of Matariyah is a great initiative that reflects the ingenuity of the Egyptian people.

Egypt inks agreement to establish LE 1.6B silo factory in East Port Said

Wed, 27 Mar 2024 - 05:28 GMT

The factory will be responsible for designing, manufacturing, and installing grain storage silos, as well as their components and accessories.

Egypt's initiative to slash commodities prices by 30% post-Eid Al-Fitr

Tue, 26 Mar 2024 - 12:51 GMT

Furthermore, the decline in prices will continue to intensify in the coming days, ultimately reaching a substantial reduction of 30 percent after the conclusion of Eid Al-Fitr.

Red sea attacks decrease Suez Canal's revenues by 50%

Mon, 25 Mar 2024 - 04:05 GMT

The purpose of this meeting is to review the recent economic developments and enhance Egypt's partnership with the United States.

Egypt’s PM Madbouly meets delegation of US Congress members

Mon, 25 Mar 2024 - 02:47 GMT

Egypt’s Prime Minister Mostafa Madbouly said Monday Egypt is keen on strategic partnership with the United States, noting many aspects of cooperation between the two countries on the basis of mutual respect and common interest.

Egypt takes measures for strategic reserve of essential goods to regulate markets: PM

Sun, 24 Mar 2024 - 03:55 GMT

He added that there is a directive for several state entities to take responsibility for providing a strategic stock of essential goods.

Emigration Minister present developments of setting up investment Company for Egyptain abroad

Thu, 21 Mar 2024 - 11:41 GMT

Its primary objective is to stimulate investments in various sectors, including agriculture, commerce, import-export, and tourism.

Prime Minister Madbouly oversees customs release of goods from Alexandria Port

Thu, 07 Mar 2024 - 06:59 GMT

According to Mohammad Al Hommosani, the spokesperson for the Egyptian Cabinet, the immediate outcome of releasing these goods has been a decrease in commodity prices and an abundance of supplies in the market

Presidential directives to immediately release goods from Egyptian ports, PM Madbouli

Mon, 04 Mar 2024 - 01:09 GMT

Egypt’s Prime Minister Mostafa Madbouli said on Monday that there are presidential directives to immediately release goods from Egyptian ports with giving priority to foodstuffs and medicines.

Egypt receives $5B in 1st installment of Ras El Hikma deal: PM

Thu, 29 Feb 2024 - 01:24 GMT

Madbouly added that measures will be taken to convert $5 billion from the United Arab Emirates (UAE) deposit to Egyptian pounds (EGP)

Egypt expected to raise local wheat procurement price to support farmers: Cabinet

Sun, 25 Feb 2024 - 06:25 GMT

The Egyptian government is anticipated to raise the local wheat procurement price per ardeb this year as a means of supporting farmers amidst inflation, according to a statement released by the Cabinet on Sunday.

Egypt approves largest direct investment deal in partnership with major entities

Thu, 22 Feb 2024 - 03:11 GMT

This comes in the context of the current state efforts to attract foreign direct investment (FDI) and increase the country's foreign exchange resources, according to the cabinet’s statement.

PM Madbouli reaffirms importance of supporting private sector in economic process

Tue, 20 Feb 2024 - 10:11 GMT

Egypt’s Prime Minister Mostafa Madbouli has stressed the importance of boosting economic development plans to help the private sector play its important role in the development process.

PM Madbouly sits down with UAE President to explore further co-op

Tue, 13 Feb 2024 - 06:27 GMT

Egyptian business tycoon Hisham Talaat Mostafa attended the meeting with the PM, which was held at Qasr Al Shati Palace in Abu Dhabi.

Egypt adopted 144 reforms to support the private sector since May 2022: PM

Mon, 12 Feb 2024 - 03:27 GMT

Madbouly said more than 1,000 private sector companies that take part in national programs which will help improve the Egyptian economy on all levels

Egypt to provide up to 8 million job opportunities until 2030, PM Madbouli

Mon, 12 Feb 2024 - 01:27 GMT

Prime Minister Mostafa Madbouli said on Monday that Egypt seeks to support economic sectors that drive growth, especially in the areas of infrastructure, to help attract more foreign and local investments.

UAE vice president asserts keenness on boosting cooperation with Egypt

Mon, 12 Feb 2024 - 01:08 GMT

UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum conveyed the appreciation of UAE President Mohammed bin Zayed Al Nahyan for President Abdel Fattah El Sisi.

PM, IMF Director discuss ongoing economic cooperation with IMF

Mon, 12 Feb 2024 - 10:34 GMT

Madbouly confirmed the Egyptian government's commitment to comprehensive economic reforms, including reducing inflation rates, decreasing the debt-to-GDP ratio, and bolstering the private sector.

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