Egypt's cabinet has approved the continued production of oil and natural gas from development areas and contracts that have expired or are nearing the end of their validity periods
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The Egyptian Cabinet has approved the Ministry of Finance’s plan for international bond issuances worth a total of $3 billion during fiscal year (FY) 2026/2027 to diversify its financing sources and instruments while further reducing external debt.
Updated 9/3/2026 2:45:00 PM
The Cabinet’s Media Center has dismissed circulating claims attributed to Prime Minister Mostafa Madbouly regarding Suez Canal losses of approximately $500 million per month
Updated 9/1/2026 3:15:00 PM
Prime Minister Mostafa Madbouly has issued a decree appointing Mohamed Adel as the Cabinet’s official spokesperson, succeeding Mohamed El-Homsany, according to statement.
Updated 9/1/2026 8:27:00 AM
Egypt’s Cabinet has granted Nefer Minya Renewable Energy the golden license to develop a $750 million solar power plant in Minya Governorate with a generation capacity of 1,000 megawatts (MW) and a 600-megawatt-hour (MWh) battery energy storage system.
Updated 8/20/2026 8:30:00 PM
Egypt’s Cabinet approved a draft presidential decree covering two grants from the African Development Bank (AfDB) to finance preparations for the water desalination using renewable energy project.
Updated 8/6/2026 3:23:00 PM
Egypt's Cabinet has approved the continuation of the remote work system every Sunday throughout August 2026.
Updated 8/1/2026 5:21:00 PM
Egypt's Cabinet approved proceeding with contracting procedures with Elsewedy Electric to establish a manufacturing project for all types of electrical wiring harnesses and their components on a 22.6-feddan plot in the Manshaat Kamal area of Fayoum Governorate.
Updated 7/16/2026 2:43:00 PM
Prime Minister Mostafa Madbouly held a meeting with ministers and officials to review the government’s efforts to strengthen Egypt's strategic reserves of petroleum products.
Updated 7/14/2026 8:07:00 AM
The Egyptian Cabinet, headed by Prime Minister Mostafa Madbouly, approved extending the remote work system on Sundays throughout July 2026.
Updated 6/25/2026 6:04:00 AM
Egypt's Cabinet has approved the launch of the economic entities platform as part of efforts to streamline business procedures, improve investor services, and advance Egypt's digital transformation agenda.
Updated 6/21/2026 2:32:00 AM
Egypt is preparing a national strategy to regulate the establishment of data centers as the government seeks to position the country as a regional and international hub for data traffic and digital services.
Updated 5/25/2026 12:26:00 AM
The Egyptian Cabinet, headed by Prime Minister Mostafa Madbouly, approved extending the remote work system on Sundays throughout the month of June.
Updated 5/21/2026 2:17:00 AM
Egypt’s Cabinet Media Center denied social media reports claiming an expected shortage of agricultural fertilizers during the summer season, asserting that the supply system is operating normally without disruptions.
Updated 4/30/2026 2:40:00 PM
Egypt’s Cabinet approved amendments to the executive regulations of the Mineral Resources Law, expanding licensing rules for mining activities and related operations.
Updated 4/30/2026 6:39:00 AM
Egypt’s unemployment rate fell to 6.3% in 2025 from 6.6% in 2024.
Updated 4/30/2026 6:29:00 AM
Egypt’s Cabinet, chaired by Prime Minister Mostafa Madbouly, approved the continuation of a remote work system on Sundays for all employees in entities covered under the relevant decree throughout May 2026.
Updated 4/30/2026 6:22:00 AM
Prime Minister has directed the swift rollout of an incentive initiative to encourage factories and households to switch to solar energy, as the government seeks to ease pressure from the ongoing regional and global crisis.
Updated 4/27/2026 7:50:00 AM
Egypt’s Cabinet has approved authorizing the Suez Canal Authority (SCA) to establish a new Egyptian joint-stock company, under the name “Suez Canal Dredging and Marine Works Company,” in partnership with a private sector firm specializing in public procurement and contracting.
Updated 4/23/2026 4:53:00 AM
Egypt’s Cabinet has approved two draft concession agreements for the exploration, development, and exploitation of oil and gas across several key areas, with minimum investments of around $85 million.
Updated 4/19/2026 3:50:00 AM