Egypt’s agricultural exports exceeds 2.2 million tons in 1st quarter of 2024

Mon, 15 Apr 2024 - 11:15 GMT

Egypt’s Minister of Agriculture El Sayed El Quseir, announced Monday that Egyptian agricultural exports exceeded 2.2 million tons of agricultural products in the first quarter of 2024, amounting to about $1.5 billion, an increase of $300 million over the same period of the previous year.

Egypt’s Cabinet approves 2024/25 draft budget with LE 6.4T expenditures, LE 5.05T revenues

Wed, 27 Mar 2024 - 03:18 GMT

This approval comes ahead of sending the budget to the House of Representatives within the constitutional deadline at the end of this month.

Gov't denies news of deadly virus affecting poultry

Mon, 25 Mar 2024 - 01:14 GMT

The Cabinet’s media center has denied reports claiming that a new deadly virus is affecting poultry in farms.

Cabinet approves 5 draft laws for oil, petroleum exploitation

Thu, 07 Mar 2024 - 01:38 GMT

Furthermore, these draft laws include authorization for the Minister of Petroleum and Mineral Resources to contract with the EGPC and HBS International Egypt Limited. The aim is to amend the commitment agreement for oil exploitation in the southwestern El Alamein region in the Western Desert.

Cabinet approves restructuring of National Committee for Crisis Management and Disaster Risk Reduction

Wed, 06 Mar 2024 - 04:40 GMT

The committee aims to build and enhance a national system for crisis and disaster management, as well as risk reduction, based on a comprehensive institutional framework.

Cabinet spox: Egypt not selling airports, but only assigning operation, management to private sector

Tue, 05 Mar 2024 - 01:30 GMT

Counselor Mohamed Al-Homsani, spokesman for the Egyptian cabinet, said that the Egyptian state decided to choose an international consultant in the coming period to study and develop a vision and plan to offer management and operations of airports to the private sector.

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 directs to outline integrated vision to manufacture industry inputs locally

Thu, 01 Feb 2024 - 09:22 GMT

Egypt’s Prime Minister Mostafa Madbouli has stressed the necessity of developing an integrated vision for manufacturing production inputs locally,

Egypt reduces state investments to rationalize spending for FY2023/2024

Thu, 01 Feb 2024 - 05:30 GMT

According to the decision, there is a postponement in working on new projects, in addition to a prohibition on entering into any new contracts

PM: Gov't to continue structural reforms program in economic sectors

Thu, 28 Dec 2023 - 08:42 GMT

Egypt’s Prime Minister Mostafa Madbouli asserted that the government will continue working on structural reforms program in certain sectors, Cabinet Spokesman Mohamed el Homosany said.

Egypt's Cabinet to announce completion of key deal in offerings program

Wed, 20 Dec 2023 - 11:21 GMT

Maait clarified that the Prime Minister would disclose the details of the offerings plan in the coming period.

Cabinet approves 3rd Samurai bond issuance

Wed, 25 Oct 2023 - 04:59 GMT

The cabinet also ratified the procedures for the issuance of sovereign and sustainable Panda bonds in the Chinese market

Sameh Al-Khashin appointed as Spokesperson of Egypt's Cabinet

Thu, 28 Sep 2023 - 04:53 GMT

Al-Khashin holds a Master’s degree in political science from the American University in Cairo, and then joined the diplomatic corps in 2004, the cabinet added.

Egypt’s Cabinet denies collecting $1,000 from tourists visiting Egypt

Mon, 11 Sep 2023 - 11:38 GMT

The Cabinet Media Center has dismissed as groundless reports on collecting a sum of 1,000 dollars from foreign tourists visiting Egypt.

UAE company purchases 30% stake in Eastern Company, Cabinet

Sun, 03 Sep 2023 - 05:57 GMT

Ahead of expectations, the UAE’s Global Investment Holding Company has acquired 30 percent of Egypt’s Eastern Company

Egypt joins Africa50 agreements to boost infrastructure development, financing

Thu, 10 Aug 2023 - 03:17 GMT

The Africa50 Fund aims to invest in infrastructure, focusing on sectors such as energy, transportation, information and communication technology, and water.

Gov’t denies spread of Tuberculosis in Egypt

Tue, 08 Aug 2023 - 12:16 GMT

According to World health Organization (WHO), the Tuberculosis infection rate in Egypt’s neighboring countries stands at 57 cases in every 100,000 people.

Cabinet launches English e-app to highlight gov't activities, decisions

Tue, 01 Aug 2023 - 11:41 GMT

The English version of the Mobile application would mainly focus on the news of the international activities of the Egyptian government, especially with regards to the economic and investment domains, said the cabinet spokesperson.

Cabinet media center denies mistakes of Braille printing of EGP 20 currency

Wed, 26 Jul 2023 - 02:10 GMT

In a statement on Wednesday, the center said it communicated the Central Bank of Egypt (CBE) which dismissed the news as baseless.

Egyptian Cabinet drafts amendment to law regulating foreigners' real estate ownership

Thu, 06 Jul 2023 - 05:14 GMT

The Cabinet finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners.