Mostafa Madbouli

32 Egyptian state companies to be floated on EGX over a year: PM

Wed, 08 Feb 2023 - 09:43 GMT

Offering companies on the stock exchange will be through a public offering or by selling a share to for strategic investors, the prime minister clarified.

PM: Egypt-Serbia economic relations improving significantly

Mon, 06 Feb 2023 - 06:26 GMT

Prime Minister Mostafa Madbouli said Egypt-Serbia relations are developing, pointing out to President Abdel Fattah El Sisi’s visit to the European country in July 2022.

Egypt aims to achieve 5-6% GDP growth in FY 2024/25, 2.1% primary surplus in FY 2023/24: PM

Mon, 30 Jan 2023 - 11:38 GMT

Egypt aims to achieve a growth in GDP worth 5-6 percent in the fiscal year 2024-2025 and a 2.1 percent in primary surplus in the FY 2023-2024, Prime Minister Mostafa Madbouli said on Monday.

Egypt inks MoUs with Palestine, Somalia to bolster ICT, postal cooperation

Mon, 23 Jan 2023 - 09:37 GMT

Egypt’s Prime Minister Mostafa Madbouli attended Monday the signing ceremony of MoUs with each of the Palestinian and Somali governments to promote cooperation in the information and communications technology (ICT) and postal sectors.

Egypt's PM chairs 1st meeting of higher committee on implementing State Ownership Policy Document

Thu, 19 Jan 2023 - 09:18 GMT

Egyptian Prime Minister Mostafa Madbouli chaired on Thursday the first meeting of the higher committee on implementing the State Ownership Policy Document approved by the president late last month.

Egypt's PM chairs 1st committee meeting to follow up on recommendations of economic conference

Thu, 19 Jan 2023 - 09:06 GMT

Prime Minister Moustafa Madbouli presided over the first follow-up committee meeting of the recommendations of the Economic Conference.

Egypt’s exports rose by 20% to $53.8 billion in 2022: PM

Wed, 18 Jan 2023 - 10:15 GMT

Egypt’s exports rose by 20 percent in 2022 to reach $53.8 billion, up from $45 billion in the previous year, Prime Minister Mostafa Madbouli said on Wednesday, citing preliminary data.

Egyptian gov’t increases local wheat procurement price to LE 1250 per ardeb

Wed, 18 Jan 2023 - 04:15 GMT

Prime Minister Mostafa Madbouli announced on Wednesday increasing the local wheat procurement price to LE 1,250 per ardeb during the upcoming harvest season up from LE 1,000, the guide price set by the government last year.

PM stresses Egypt's support for development efforts in Iraq

Thu, 12 Jan 2023 - 09:39 GMT

Madbouli's remarks came during his meeting on Thursday with Iraqi Ambassador in Cairo Ahmed Nayef Al-Delimi.

PM underscores significant role of Decent Life Initiative in developing countryside

Tue, 10 Jan 2023 - 09:20 GMT

Prime Minister Mostafa Madbouli has reiterated the significant role played by the Decent Life Presidential Initiative in bringing about a quantum leap in the level of various services provided to citizens in targeted villages.

Sisi orders offering worthy market price for wheat for local farmers

Tue, 10 Jan 2023 - 09:14 GMT

Egypt’s President Abdel Fattah El Sisi directed the government to offer a worthy wheat price for local farmers to make sure that they make a good profit.

Egyptian, Somali PMs start talks on bilateral relations in Cairo

Mon, 09 Jan 2023 - 01:41 GMT

Egyptian Prime Minister Mostafa Madbouli received on Monday his Somali counterpart, Hamza Abdi Barre, in Cairo.

Egypt's PM attends signing of MoU to turn gov't institutions into smart buildings

Thu, 10 Nov 2022 - 01:26 GMT

Prime Minister Moustafa Madbouli attended Thursday the signing of a memorandum of understanding between the Ministry of Communications and Information Technology and Honeywell Egypt company.

Egypt to host 10th Africities Summit in 2025, Cabinet says on COP27 sidelines

Thu, 10 Nov 2022 - 01:18 GMT

Prime Minister Moustafa Madbouli witnessed on Thursday the inking of a memorandum of understanding on Egypt's hosting of the summit in the presence of President of the United Cities and Local Governments (UCLG) organization Fatimetou Abdel Malick, the Cabinet said in a statement.

PM's Madbouli says COP27's Green Zone designed at highest possible level

Sun, 06 Nov 2022 - 06:15 GMT

Opening the exhibitions and pavilions area, Madbouli added that Egypt was keen to establish the largest Green Zone in COP's history to meet demand from all local and regional institutions.

Egypt to raise minimum wages for public employees to LE 3000: PM Madbouli

Wed, 26 Oct 2022 - 01:45 GMT

The government also decided to allocate an exceptional allowance worth LE 300 for all state workers to cope with the rising cost of living, Prime Minister Mostafa Madbouli announced in a press briefing.

Photos: Egypt, UAE hold ceremony to celebrate golden jubilee of bilateral relations in Cairo

Wed, 26 Oct 2022 - 12:08 GMT

The celebration came with the attendance of over 1,800 participants, including top officials, businessmen, investors, intellectuals, and media professionals.

State ownership document not 'sale of assets': Madbouli at Egypt's Economic Conference 2022

Mon, 24 Oct 2022 - 04:46 GMT

Madbouli elaborated that the document aims to develop a clear and specific regulatory framework for regulating relations in economic activities between the state and the private sector.

Egypt's economic conference 2022 comes amidst global crisis.. know more of Madbouli's speech

Sun, 23 Oct 2022 - 04:25 GMT

Madbouli delivered a speech at the beginning of the activities of the first day of the conference, which will last for three days, under the title (The Egyptian Economy in Forty Years... What Next?)

Egypt to extend ban on rice export to secure local needs

Thu, 20 Oct 2022 - 05:52 GMT

Madbouli met on Thursday with Minister of Supply and Internal Trade Ali El-Moselhi to follow up on the ministry’s efforts to provide rice in local markets.