Mostafa Madbouly
Madbouly noted a notable decrease in inflation rates, which fell to approximately 27.5 percent in June 2024 from around 35.8 percent in the corresponding month of the previous year.
Priorities also included accelerating the activation of the Continental Free Trade Agreement, as well as enhancing the benefits provided to member states
Starting from Sunday, the Egyptian government will suspend its load-shedding program for the summer until mid-September, as announced by Prime Minister Mostafa Madbouly last week.
Minister of Investment and Foreign Trade, Hassan El-Khatib, further elaborated on the meeting's significance.
The government's complete dedication to supporting the ministerial group responsible for industrial development was emphasized, spanning all facets from licensing to operational execution.
The Minister of Finance will act as the group’s official spokesperson.
Emphasizing the North Coast's proximity to Europe, Madbouly and Vučić highlighted the advantage of shorter flight durations between the area and the European continent.
With the theme "Accelerating Sustainable Development: Continuing Actions for A Better Future," the forum delves into strategies and initiatives to foster sustainable development.
Similar to its human development counterpart, the Ministerial Group for Industrial Development will convene weekly, with a technical secretariat ensuring operational efficiency and regular reporting to the Prime Minister
The approval of these agreements is expected to contribute to Egypt's efforts to increase its oil and gas reserves and production and to meet the growing demand for energy in the country
The report further highlights the remarkable progress in Egypt's outsourcing services sector, which recorded a growth rate of 54.2 percent in FY 2022/2023.
Central to Madbouly's agenda are immediate actions on critical issues, including economic stability, healthcare, education, and industrial growth.
Egypt’s Prime Minister Mostafa Madbouly previewed the new government program, Monday before the Parliament during a plenary session, at the Council’s headquarters in the Administrative Capital.
Based on extensive national dialogue sessions, the program prioritizes key areas such as economic growth, inflation control, and elevating Egypt’s international standing.
Egypt’s new government, headed by Prime Minster Mostafa Madbouly, is expected to present its program to the House of Representatives during the plenary session, Monday, at the Council’s headquarters in the Administrative Capital.
The objective is to fully leverage Egypt's capabilities across various industries, as outlined in the state ownership policy document.
The project will offer a window on Egypt’s history, and also aims to be a tourist attraction for regional and international visitors
Based on astronomical calculations, the 1st of Al-Muharram is expected to occur on Sunday in Egypt, as well as in other Arab and Islamic nations
The new government's agenda highlights its commitment to economic growth, improved infrastructure, and increased transparency through public engagement
During the meeting, Madbouly delegated the task of devising a plan to ensure the availability of goods and price control to Minister of Supply and Internal Trade, Sherif Farouk.
