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Egypt pays off $5B in dues to foreign oil companies: Madbouly

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 AM
El-Sisi orders settling dues of oil, natural gas companies

President Abdel Fattah El-Sisi has directed settling the dues of oil and gas companies operating in Egypt to increase domestic production.

Updated 1/18/2026 8:13:00 AM
Egyptian-American Economic Forum’s 2nd edition to kick off in 2026

President Abdel Fattah El-Sisi received U.S. Senior Advisor for Arab and African Affairs Massad Boulos and discussed holding the second edition of the Egyptian-American Economic Forum 2026

Updated 1/14/2026 1:58:00 PM
EU to disburse €1B in MFA to Egypt: Kallas

Egypt will receive €1 billion in macro-financial assistance from the EU in the coming days, marking the second tranche of the €7.4 billion financial package

Updated 1/10/2026 11:15:00 PM
El-Sisi issues decree forming CBE board for 1-year term

President Abdel Fattah El-Sisi has issued presidential decree No. 733 of 2025, forming the board of the Central Bank of Egypt (CBE) for a one-year term, effective November 27th.

Updated 12/23/2025 11:27:00 AM
Italy's Eni to invest $8B in Egypt over 5 years: Descalzi

Italy’s Eni plans to inject additional investments totaling $8 billion into the Egyptian market over the next five years, CEO Claudio Descalzi said in a meeting with President Abdel Fattah El-Sisi.

Updated 11/26/2025 8:09:00 AM
El-Sisi inaugurates maritime projects in SCZONE

President Abdel Fattah El-Sisi has inaugurated several maritime stations in the Suez Canal Economic Zone (SCZONE) at East Port Said Port, Spokesman for the Presidency Mohamed El-Shennawy announced.

Updated 11/17/2025 7:29:00 AM
El-Sisi awards Nile Collar to Trump for his peace efforts

President Abdel Fattah El-Sisi has decided to award the Nile Collar, Egypt’s highest state honor, to US President Donald Trump in recognition of his distinguished contributions to supporting peace efforts and defusing regional conflicts.

Updated 10/13/2025 8:29:00 AM
Egypt, Vietnam sign MoU to deepen economic development, trade cooperation

Egypt and Vietnam signed a memorandum of understanding (MoU) to deepen cooperation in economic development and bilateral trade.

Updated 8/6/2025 12:36:00 PM
Grand Egyptian Museum set to open on November 1st

President Abdel Fattah El-Sisi has approved the opening of the Grand Egyptian Museum on November 1st, Prime Minister Mostafa Madbouly announced during the cabinet meeting.

Updated 8/6/2025 1:54:00 AM
El-Sisi ratifies new Old Rent Law

President Abdel Fattah El-Sisi has officially ratified the new amendments to the old rent law.

Updated 8/4/2025 4:08:00 AM
El-Sisi approves EGP 85B in additional appropriation for FY2024/25 budget

President Abdel Fattah El-Sisi issued Law No. 158 of 2025, approving an additional appropriation of EGP 85 billion in the state budget for the fiscal year (FY) 2024/2025

Updated 7/30/2025 7:54:00 AM
El-Sisi reviews latest developments on petrochemical, mining projects

President Abdel Fattah El-Sisi emphasized the importance of petrochemical and mining projects implemented by the Ministry of Petroleum and Mineral Resources, Spokesman for the Presidency Mohamed El-Shennawy stated.

Updated 7/27/2025 3:58:00 AM
El-Sisi reviews natural gas cooperation with Cyprus amid plans to bolster regional energy hub

Egypt plans to reinforce cooperation with Cyprus to diversify gas supplies and activate the regional gas trading center strategy, Spokesman for the Presidency Mohamed El-Shennawy announced.

Updated 7/17/2025 9:49:00 AM
Egypt wins FAO council leadership for 1st time

Egypt has secured the chairmanship of the United Nations Food and Agriculture Organization's (FAO) executive council for the next four years, Egypt’s Ambassador to Italy Bassam Rady announced.

Updated 7/6/2025 5:47:00 AM
El-Sisi orders airport development push, eyes PPPs for Hurghada airport by end-2025

President Abdel Fattah El-Sisi directed proceeding with the development of airports to offer Hurghada Airport for public-private partnerships (PPP)by the end of 2025, Spokesman for the Presidency

Updated 6/29/2025 6:09:00 AM
Egypt, Greece strengthen ties with joint strategic declaration

Egyptian President Abdel Fattah El-Sisi and Greek President Konstantinos Tasoulas signed joint declaration on the strategic partnership between the two countries as well as agreements to enhance cooperation in various fields

Updated 5/8/2025 9:50:00 AM
El-Sisi signs new labor law

Egyptian President Abdel Fattah El-Sisi signed a new labor law on the occasion of Labor Day.

Updated 5/4/2025 7:29:00 AM
Labor Minister greenlights Ramadan, Eid El-Fitr grants for irregular workers

Minister of Labor Mohamed Gobran approved the disbursement of Ramadan and Eid El-Fitr grants for 2025 to irregular workers registered at the ministry's database through contractors and companies.

Updated 3/27/2025 9:46:00 AM
Egypt suffers $800M monthly losses in Suez Canal revenues: El-Sisi

Egypt incurs monthly losses estimated at nearly $800 million in Suez Canal revenue due to the current situation in the region

Updated 3/18/2025 7:33:00 AM