Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly
Egypt’s massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly said on Sunday. Speaking at the end of a tour
Madbouly urges completion of Egypt-Saudi power link’s second phase by April 2026
Egyptian Prime Minister Mostafa Madbouly on Tuesday urged that the second phase of the Egypt-Saudi Arabia electricity interconnection project be completed so that both phases are ready for operation by April 2026. His comments came during a field visit to
PM Madbouly inspects key development, service projects in Qalyubeya
Prime Minister Mostafa Madbouly conducted a field tour in Qalyubeya on Saturday to inspect a series of ongoing development and service projects across multiple sectors, including housing, education, health, and industry. Madbouly said this visit, his second to the governorate
Dollar’s rise within normal range under flexible exchange rate system: Madbouly
Prime Minister Mostafa Madbouly affirmed on Wednesday that the recent uptick in the US dollar’s value against the Egyptian pound is a normal development within currency markets and poses no cause for concern. He emphasized that Egypt adheres to a
Egypt’s integrated national financing strategy signals new era in sustainable development: Panova
The launch of Egypt’s Integrated National Financing Strategy (INFS) marks a transformative policy shift, moving from fragmented financial approaches to a cohesive framework that aligns financial flows with national development priorities. This milestone strengthens Egypt’s role in global development financing,
Madbouly reviews financial status of Egypt’s New Urban Communities Authority
Egyptian Prime Minister Mostafa Medbouly met with Housing Minister Sherif El-Sherbiny and Mohamed Ragai, Vice President of the New Urban Communities Authority for Financial, Administrative Affairs, and Human Resources, on Wednesday evening to review the financial position of the New
Egypt, Croatia sign MoU to strengthen bilateral investment ties
Egyptian Prime Minister Mostafa Madbouly and Croatian Prime Minister Andrej Plenković witnessed the signing of a Memorandum of Understanding (MoU) between Egypt’s General Authority for Investment and Free Zones (GAFI) and Croatia’s Ministry of Economy and Sustainable Development. The agreement
Madbouly, Saudi Energy Minister discuss strengthening joint investments
Egyptian Prime Minister Mostafa Madbouly met with Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud and his delegation on Monday at Al Manara International Conferences Center. The meeting took place on the sidelines of the 8th Egypt
Madbouly visits Zohr field to inspect drilling commencement on Saipem 10000 rig
Prime Minister Mostafa Madbouly visited the Zohr natural gas field, located north of Port Said, to inspect the Saipem 10000 drilling rig. Accompanied by Minister of Petroleum and Mineral Resources Karim Badawi, he was welcomed by Francesco Gaspari, President of
PM Madbouly meets Emirati ministers to review joint Egypt-UAE projects
Prime Minister Mostafa Madbouly held a high-level meeting on Sunday to assess the progress of joint projects between Egypt and the UAE. The meeting was attended by Vice Prime Minister for Industrial Development and Minister of Industry and Transport Kamel