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.
Updated 1/27/2026 8:10:00 AM
The Egyptian government has paid off $5 billion in dues to foreign oil companies, Prime Minister Mostafa Madbouly stated.
Updated 1/22/2026 7:15:00 AMPrime Minister Mostafa Madbouly has chaired the first meeting of the Supreme Gold Committee, reviewing its efforts to maximize added value and transform Egypt from an ore exporter into an industrial hub.
Updated 1/19/2026 9:19:00 AM
Prime Minister Mostafa Madbouly announced that Thursday, January 29th, will be a paid holiday to celebrate the January 25th Revolution and National Police Day.
Updated 1/18/2026 3:02:00 PM
The Sovereign Fund of Egypt (TSFE) recorded actual growth of more than 90% in its asset portfolio between 2023 and 2025, said Minister of Investment and Foreign Trade Hassan El-Khatib.
Updated 1/18/2026 7:19:00 AMPrime Minister Mostafa Madbouly witnessed the signing of the ‘Rixos & Rixos Living – World Trade Center Cairo’ project, marking the entry of the Rixos brand into the Egyptian market.
Updated 1/18/2026 7:00:00 AMPrime Minister Mostafa Madbouly inspected the new high-quality aluminum wire production line at Egypt Aluminum Company (Egyptalum), with a capacity of 60,000 tons annually.
Updated 1/13/2026 8:47:00 AM
Prime Minister Mostafa Madbouly opened the new expansions of Kadmar International logistics center in Ain Sokhna Industrial Zone, with total investments of $24 million.
Updated 1/12/2026 9:14:00 AMPrime Minister Moustafa Madbouly inspected five healthcare facilities in Cairo and Giza governorates, with a total investment cost surpassing EGP 25 billion
Updated 1/10/2026 11:28:00 PM
Prime Minister Mostafa Madbouly has appointed Mohamed El Gawsaky as the CEO of the General Authority for Investment and Free Zones (GAFI) for a one-year term.
Updated 1/5/2026 7:31:00 AM
Prime Minister Mostafa Madbouly declared Wednesday, January 7th, as an official holiday on the occasion of Coptic Christmas.
Updated 1/5/2026 7:25:00 AMThe International Monetary Fund (IMF) mission is scheduled to visit Egypt from December 1st to 12th, Prime Minister Mostafa Madbouly announced during the Cabinet‘s weekly meeting.
Updated 11/23/2025 7:32:00 AM
Prime Minister Moustafa Madbouly has issued a decision appointing Ahmed Abdel Aziz as the deputy chairman of the board of the Financial Regulatory Authority (FRA).
Updated 11/17/2025 7:40:00 AMPrime Minister Mostafa Madbouly received a delegation from the World Bank Group to discuss strengthening cooperation in the infrastructure programs implemented by the international bank in Egypt.
Updated 11/12/2025 8:45:00 AMPrime Minister Mostafa Madbouly inspected the first locally manufactured amphibious bus, which will boost the tourism sector
Updated 11/9/2025 1:32:00 AMPrime Minister Mostafa Madbouly witnessed the expansion of a regional factory of Schneider Electric in Badr City to scale investments in the Egyptian industrial sector
Updated 11/6/2025 12:47:00 PMPrime Minister Mostafa Madbouly inaugurated the Mansour for Filters Manufacturing plant in 10th of Ramadan City, with investments totaling EGP 500 million ($11 million).
Updated 11/6/2025 11:43:00 AMPrime Minister Mostafa Madbouly approved extending the exemption from incentive fees for an additional year until December 2026, for all countries worldwide
Updated 11/6/2025 5:32:00 AMEgypt is implementing a national silo project aimed at increasing storage capacity for wheat and grains and maintaining a strategic reserve to secure the country's needs
Updated 11/3/2025 11:12:00 AMPrime Minister Mostafa Madbouly announced Thursday, October 9th, as an official paid holiday to celebrate the anniversary of the 6th of October War victory, according to a statement.
Updated 9/30/2025 6:28:00 AM