The Egyptian Cabinet passed the Economic and Social Development Plan for fiscal year (FY) 2026/2027, targeting overall investments of EGP 3.8 trillion.

The Egyptian Cabinet approved the state budget for the fiscal year (FY) 2026/2027, which targets a 27.6% increase in public revenues to reach EGP 4 trillion.

Egyptian Prime Minister Mostafa Madbouly chaired the government’s weekly meeting on Thursday, March 26th, in the New Administrative Capital, where ministers reviewed a range of domestic and regional issues, including the economic fallout from rising tensions in the region.

The Cabinet approved a $1.2 million grant agreement between the government of Egypt and the European Investment Bank (EIB) to finance consultancy services for upgrading the capacity of wastewater treatment plants in Alexandria and Damietta.

Prime Minister Mostafa Madbouly revealed that the new minimum wage is likely to be announced along with the state budget, scheduled for release at the end of March 2026.

The cabinet approved expanding the scope of the financing facilities initiative for priority industries with the launch of its second phase.

Egypt’s cabinet has reviewed a proposed package of tax facilitation measures and reforms for fiscal year (FY) 2026/2027, as part of efforts to rebuild trust with taxpayers and improve services.

President Abdel Fattah El-Sisi oversaw the swearing-in ceremony of a new deputy prime minister, ministers, and deputy ministers on Tuesday, February 11th, according to a statement by the Spokesperson of the Egyptian Presidency.

The Egyptian House of Representatives held a plenary session on Tuesday, February 10th, to consider a cabinet reshuffle and to obtain the necessary constitutional approval.

The Ministry of Finance provided EGP 2.5 billion to the Egyptian Authority for Unified Procurement (UPA) as part of settling various obligations owed to drug and medical supplies companies, Prime Minister Mostafa Madbouly noted.

The Cabinet has granted logistics company Medlog a golden license to build and operate a dry port and logistics center in the 10th of Ramadan City, according to a statement.

The Egyptian cabinet approved a request by the Ministry of Transport to contract between the Egyptian National Railways Authority (NAT) and Italian firm Arsenale for the provision, management, and operation of a luxury tourist train that will be supplied and fully funded by the Italian firm.

The Egyptian cabinet has approved granting Alamein Silicon Products Company a golden license to establish and operate a silicon manufacturing and purification facility on a 714,000-square-meter site in New Alamein City in Matrouh Governorate.

The Egyptian cabinet has approved a draft presidential decree for Egypt to join the Green Middle East initiative, which supports environmental protection and climate-change mitigation across the region.

The Cabinet granted the Egyptian Soda Ash Company (LLC) a golden license to establish and operate a factory for the manufacture and production of soda ash and its derivatives

The Cabinet has approved establishing “Feerum Egypt”, a joint-stock company formed by Egypt’s Samcrete and Poland’s Feerum, to localize the production of grain silos.

Prime Minister Mostafa Madbouly approved extending the exemption from incentive fees for an additional year until December 2026, for all countries worldwide

Prime Minister Mostafa Madbouly approved implementing the new Egyptian standards, proposed by the Financial Regulatory Authority (FRA), for auditing and financial review and regulating oversight of non-banking financial markets and instruments.

The Egyptian cabinet has approved the signing of two power purchase agreements (PPAs) between the Egyptian Electricity Transmission Company (EETC) and a consortium comprising Abu Dhabi's Masdar, Infinity Power, and Hassan Allam Utilities to generate solar power with a combined capacity of 1,200 megawatts.

Egypt PM appoints Hashem El Sayed Hashem as CEO of state-owned enterprises unit.