Egyptian Prime Minister

Egypt’s PM arrives in London to attend King Charles coronation

Fri, 05 May 2023 - 12:40 GMT

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.

Egyptian state will not fail to pay its financial obligations: PM

Sat, 29 Apr 2023 - 09:08 GMT

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 to offer 10 more Armed Forces’ companies on stock exchange: PM

Sat, 29 Apr 2023 - 07:55 GMT

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, Austria sign letter of intent to enhance economic cooperation

Thu, 27 Apr 2023 - 07:01 GMT

Egypt and Austria signed on Thursday a letter of intent to enhance the economic cooperation between the two countries.

Monday 17 April paid day off for employees of Egypt's public, private sectors on Sham El-Nessim

Tue, 11 Apr 2023 - 09:48 GMT

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.

Egypt's PM affirms need for completing relocation of ministries to new capital

Wed, 29 Mar 2023 - 04:05 GMT

A number of ministries already moved in full to the government district in the new capital, Madbouly stressed.

PM Madbouli reviews new program to achieve 'substantial increase' in Egyptian exports

Thu, 09 Mar 2023 - 10:22 GMT

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.

Egyptian state supports private sector to increase its economic share: PM

Sat, 11 Feb 2023 - 07:50 GMT

“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.

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.

Egyptian companies to implement projects in Senegal with highest quality standards: PM to Sall

Fri, 03 Feb 2023 - 09:49 GMT

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.

Gov’t to announce soon plan of listing 20 companies on Bourse: PM

Wed, 01 Feb 2023 - 08:27 GMT

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 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.

Photos: Arish Port development plan to be concluded in 2024: Egypt’s SCZone

Sat, 14 Jan 2023 - 01:56 GMT

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 to adopt LE 150B initiative to back production sectors, cut loans’ interests

Sat, 14 Jan 2023 - 11:17 GMT

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.