Prime Minister Mostafa Madbouly met with Minister of Petroleum and Mineral Resources Karim Badawi to review the executive status of projects related to phosphate ore industries and expansion efforts of adding value to this valuable ore.

Prime Minister Mostafa Madbouly issued Decree No. 1432 of 2026, appointing Islam Azzam as an expert board member of the General Authority for Investment and Free Zones (GAFI), replacing Tarek Shoukry.

International oil companies (IOCs) are committed to pumping investments exceeding $19 billion into Egypt’s petroleum sector under three-year executive programs announced by these firms, Prime Minister Mostafa Madbouly stated.

Prime Minister Mostafa Madbouly has inaugurated Egypt’s first premium tax services center in New Cairo to streamline procedures and create an attractive business environment.

Egypt’s tourism sector recorded a 21% growth in 2025, which continued at the beginning of 2026 with a monthly increase of 20% when compared to last year, Minister of Tourism and Antiquities Sherif Fathi noted.

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.

Prime Minister Mostafa Madbouly called for accelerating capital market reforms and speeding up the listing of state-owned companies on the Egyptian Exchange (EGX), following the appointment of a new bourse chief.

The Egyptian Cabinet decided to increase the minimum wage by EGP 1,000 to EGP 8,000 monthly, commencing from July 1st, according to a statement.

The Egyptian government plans to temporarily list 20 companies affiliated with the Ministry of Public Business Sector on the Egyptian Exchange (EGX) by the end of April, Hashem El Sayed, Assistant Prime Minister, said.

Prime Minister Mostafa Madbouly chaired a roundtable discussion with representatives from global energy companies and financial institutions on the second day of the EGYPS 2026

Prime Minister Mostafa Madbouly reviewed the latest developments of TotalEnergies’ projects in Egypt during a meeting with the company’s CEO Patrick Pouyanné, according to a statement.

Prime Minister Mostafa Madbouly held a roundtable discussion with the executive leaders of international energy companies operating in Egypt and discussed plans to expand investment and boost production.

Prime Minister Mostafa Madbouly rolled out plans to cut fuel allocations for government vehicles by 30% and pause major ongoing projects that consume high levels of fuel and diesel for at least two months.

Prime Minister Mostafa Madbouly announced the government’s plans to implement a considerable raise in the minimum wage.

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.

Prime Minister Mostafa Madbouly reviewed the government’s economic reform program and measures to alleviate the impact of regional conflict on supply chains and global trade, according to a statement.

President Abdel Fattah El-Sisi met with Prime Minister Moustafa Madbouly and Minister of Finance Ahmed Kouchouk to review the fiscal year (FY) 2026/2027 budget,

Prime Minister Mostafa Madbouly held a meeting with several ministers and officials to follow up on several projects within the Suez Canal Economic Zone (SCZONE), according to a statement.

President Abdel-Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi to discuss efforts for boosting oil and gas production through hydraulic fracturing and horizontal drilling.

Prime Minister Mostafa Madbouly announced that the period from Thursday, March 19th, until Monday, March 23rd, will be an official holiday on the occasion of Eid El-Fitr