The International Finance Corporation (IFC) penned an agreement with Egypt’s Ministry of Civil Aviation to advise on introducing public-private partnerships (PPP) in 11 airports across Egypt to improve infrastructure, connectivity, and passenger services.
Updated 3/25/2025 8:14:00 AM
Prime Minister Mostafa Madbouly declared the period from Saturday to Tuesday an official holiday in celebration of Eid El-Fitr,
Updated 3/24/2025 7:08:00 AM
Prime Minister Mostafa Madbouly denied reports claiming the sale of Banque du Caire at a value of $1 billion.
Updated 3/20/2025 8:39:00 AM
Prime Minister Mostafa Madbouly announced that the opening ceremony of the Grand Egyptian Museum is set to take place on July 3rd
Updated 3/18/2025 11:57:00 AM
British Petroleum Energia Espana penned an agreement to resume the operations of the Egyptian Anode Blocks Company in the Ain Sokhna Free Zone
Updated 1/27/2025 10:04:00 AMPrime Minister Mostafa Madbouly said Egypt has maintained its position for the seventh year in a row as the largest country of operations for the European Bank for Reconstruction and Development (EBRD) in the Southern and Eastern Mediterranean region in 2024.
Updated 1/23/2025 10:16:00 AM
Prime Minister Mostafa Madbouly discussed Egypt’s economic reform file with Jared Cohen, Co-Head of Goldman Sachs Global Institute.
Updated 1/23/2025 8:07:00 AM
Drilling operations at the Zohr natural gas field will be resumed on January 28th or 29th, 2025, Claudio Descalzi, CEO of Italian company Eni, told Prime Minister Mostafa Madbouly.
Updated 1/23/2025 2:21:00 AM
Prime Minister Mostafa Madbouly has declared a decision to form six specialized advisory committees to enhance communication channels between the government and the private sector.
Updated 1/23/2025 1:19:00 AM
Egypt and Switzerland penned an agreement to establish the Joint Economic Committee to enhance trade exchanges and facilitate investments from both countries.
Updated 1/22/2025 8:53:00 AMThe Cabinet granted two golden licenses to two projects in Egypt.
Updated 1/19/2025 11:39:00 AM
Prometoen Tyre Group Egypt, fully owned by China National Tire & Rubber Company Limited, is seeking to establish two new projects in Egypt.
Updated 1/14/2025 10:12:00 AMPrime Minister Mostafa Madbouly has reviewed the unified subsidy card system aimed at supporting the objectives of financial inclusion.
Updated 1/13/2025 9:54:00 AMEgypt's Ministry of Petroleum and Mineral Resources has saved $1.5 billion in its petroleum import bill, Prime Minister Mostafa Madbouly said in a press conference..
Updated 1/9/2025 8:33:00 AM
Prime Minister Mostafa Madbouly followed up on the procedures for the offerings of the National Co for Producing and Bottling Natural Water (Safi) and Wataniya.
Updated 1/6/2025 2:45:00 AM
Prime Minister Mostafa Madbouly unveiled a new initiative worth EGP 30 billion to support Egypt’s industrial sector over the next five years.
Updated 1/2/2025 11:46:00 AM
Prime Minister Mostafa Madbouly officially inaugurated the Abydos 1 Solar Power Plant in Kom Ombo.
Updated 12/15/2024 12:00:00 PM
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva will visit Egypt next week, Prime Minister Mostafa Madbouly confirmed in a press conference.
Updated 10/31/2024 8:27:00 AM
The cabinet has approved a proposal to develop a mechanism to fund studies and implement developmental and infrastructure projects in the Nile Basin countries.
Updated 10/17/2024 8:25:00 AM
The government is working on the state’s initial public offering (IPO) program and will make important announcements soon regarding the offering of several airports and banks.
Updated 10/15/2024 8:32:00 AM