Egyptian Prime Minister
Egypt’s Prime Minister Mostafa Madbouly has arrived in London to take part in King Charles III's coronation ceremony on 6 May on behalf of President Abdel Fattah El-Sisi.
Egypt’s Prime Minister Mostafa Madbouli stressed that the state “did not and will not fail to pay its [financial] obligations in a press conference on Saturday.
Egypt is preparing to offer 10 more companies belonging to the Armed Forces on stock exchange after it had offered shares in army-owned Wataniya Petroleum Company and National Company for Producing and Bottling Water (Safi), Prime Minister Mostafa Madbouli said on Saturday.
Egypt and Austria signed on Thursday a letter of intent to enhance the economic cooperation between the two countries.
Manpower Minister Hassan Shehata announced Tuesday that next Monday will be considered a paid day off for private sector employees and civil servants, alike, on the occasion of Sham El-Nessim.
A number of ministries already moved in full to the government district in the new capital, Madbouly stressed.
Egypt’s Prime Minister Mostafa Madbouli reviewed on Thursday a new program that aims at achieving a “substantial increase” in Egyptian exports as one of the most important sources of foreign currency.
“My office is ready to take any ideas or complaints about challenges the private sector is experiencing to help to overcome all obstacles hampering business activities,” he added at a news conference following his inspection tour of projects in the 6th of October City.
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.
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.
The Egyptian companies will implement the projects agreed upon in Senegal at the highest standards of quality, Prime Minister Mostafa Madbouly affirmed to Senegalese President Macky Sall.
Prime Minister Mostafa Madbouli revealed on Wednesday that the government will announce soon its plan of listing more than 20 companies on the Egyptian Stock Exchange (EGX).
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’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.
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.
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 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.
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.
The Suez Canal Economic Zone (SCZone) announced on Saturday that the development plan of Al-Arish Port in northeastern Egypt will be concluded in 2024.
Egypt will adopt a five-year initiative worth LE 150 billion to support the agricultural and industrial production sectors, especially by reducing their loans’ interests, in the face of the repercussions of the global crises, the Cabinet has announced.
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