Egyptian Prime Minister
Located in Egypt's northwestern Matrouh governorate, El Dabaa is the country's first nuclear power plant. The project is being built by Russia's State Atomic Energy Corporation (Rosatom) and will be operated by Egypt's Nuclear Power Plants Authority (NPPA).
Prime Minister Mostafa Madbouly praised Egypt's national football team following its historic FIFA World Cup campaign, thanking the players for bringing pride and joy to millions of Egyptians despite their heartbreaking round-of-16 exit to defending champions Argentina.
The committee, which typically meets every three months to review fuel prices based on technical criteria and market indicators, will therefore convene between July and September to determine whether petroleum product prices should be raised, reduced or kept unchanged.
Speaking at a press conference at the end of a visit to Beheira governorate, where he toured the Idku liquefied natural gas (LNG) plant, Madbouly said Egypt's advanced gas infrastructure had prompted neighboring countries to view it as a regional center for gas exports and trade.
The move aims to save and revitalize Historic Cairo as a cultural and heritage capital for Egypt, the Arab world and the Islamic world, Madbouly said.
Egypt says international companies have committed more than $19 billion in upcoming petroleum sector investments over the next three years.
Madbouly said the state is committed to its plans aimed at increasing investments, particularly in the Suez Canal Economic Zone (SCZONE), which offers a range of incentives for diverse projects.
Madbouly described the current regional landscape as marked by “a high degree of uncertainty,” adding that the government is treating the situation as “an unstable transitional phase.”
Under the decision, businesses will close at 11:00 PM instead of 9:00 PM from Friday, April 10 through Monday, April 13, following a recommendation by the central crisis management committee.
The government is closely monitoring developments to ensure stable supplies, enhance competitiveness and preserve economic gains achieved in recent years amid a highly volatile global environment.
The measures aim to reduce energy consumption, Madbouly said, amid the ongoing military escalation in the region.
Prime Minister Mostafa Madbouly has instructed all relevant government agencies to raise their state of alert to the highest level to handle any potential crises during the upcoming Eid Al-Fitr holiday, amid forecasts of rain and floods in some areas.
Speaking at a meeting with ministers and heads of industrial and commercial chambers, Madbouly stressed that the state’s proactive measures have strengthened the country’s ability to secure raw materials and meet all production needs, the Cabinet said in a statement.
The decision applies to employees working in ministries, government departments, public authorities, local administration units, public sector companies and public business sector enterprises.
Prime Minister Mostafa Madbouly stressed that authorities are following developments around the clock to guarantee the steady flow of essential goods and energy supplies to citizens.
Egypt and Sudan on Thursday reaffirmed their rejection of any unilateral measures in the Eastern Nile Basin that could harm their water interests, urging Ethiopia to abandon such actions.
The prime minister emphasized Egypt’s firm backing for Sudan’s unity, territorial integrity and national institutions.
The board was established by US President Donald Trump in January as an international organization aimed at formulating sustainable solutions to regional and international conflicts, particularly the Palestinian cause.
These priorities include safeguarding national security and advancing Egypt’s foreign policy, alongside driving economic development, boosting production, energy, and food security, and investing in human development.
The meeting followed their swearing-in ceremony at the Presidential Palace, during which the newly appointed Deputy Prime Minister for Economic Affairs and several deputy ministers also took the oath of office.
