Egypt, USTDA to collaborate on methane emission reduction roadmap
Egypt’s Prime Minister, Mostafa Madbouly, has approved a draft presidential decree for an agreement between the Egyptian General Petroleum Corporation (EGPC) and the US Trade and Development Agency (USTDA) to prepare a “Roadmap for Methane Emission Reduction in Egypt.” This
Egypt receives first €1bn EU funding instalment
Egypt has received the first instalment of a €1bn funding package from the European Union, with the funds being deposited into the Central Bank of Egypt (CBE) on Friday, Prime Minister Mostafa Madbouly announced. The European Commission had previously announced
Housing Ministry considers launching new lands for mixed-use, tourism projects in New Alamein
Prime Minister Mostafa Madbouly convened a meeting with Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, to review the latest developments across several national projects. During the meeting, El-Sherbiny presented several proposed land plots along Egypt’s North West Coast
Mansour Group, SAIC Motor announce $135m auto plant in Egypt
Prime Minister Mostafa Madbouly attended on Sunday the signing ceremony of a landmark agreement between Mansour Group and China’s SAIC Motor to establish a $135m automotive manufacturing plant in Egypt. The agreement includes a technical licensing deal to produce MG
Al-Sisi urges continued efforts to modernize Egypt’s education system
Egyptian President Abdel Fattah Al-Sisi has emphasized the importance of ongoing reforms to modernize the country’s educational system, aiming to enhance the quality of both the educational process and its key components—students, teachers, and digital infrastructure. The directive was issued
“500500” Hospital project to enhance cancer care, says Egyptian PM
Egypt’s Prime Minister Mostafa Madbouly convened a meeting on Tuesday to review the progress of the new National Cancer Institute in Sheikh Zayed, known as the “500500 Hospital.” The Prime Minister emphasised the hospital’s critical role in enhancing cancer treatment
Egyptian Prime Minister reviews electricity sector project progress
Egypt’s Prime Minister Mostafa Madbouly convened a meeting Tuesday to assess the progress of several key projects within the electricity sector. The meeting included Minister of Electricity and Renewable Energy Mahmoud Essmat, Deputy Minister of Electricity and Renewable Energy Sabah
Egypt to list 10 public entities by 2025, including 4 military-affiliated firms
Egypt plans to list at least 10 companies on the stock market in 2025, Prime Minister Mostafa Madbouly announced at a press conference on Wednesday. Of these, four companies are affiliated with the military. The government intends to offer both
Egypt’s Prime Minister reviews economic entity restructuring efforts
Egyptian Prime Minister Mostafa Madbouly chaired a meeting Monday to assess the progress of the committee responsible for reforming and restructuring the nation’s economic entities. The meeting included Planning and International Cooperation Minister Rania Al-Mashat and Hussein Eissa, head of
Egypt, Qatar discuss economic cooperation at Doha Forum
Egypt’s Prime Minister Mostafa Madbouly held discussions on Sunday with his Qatari counterpart, Mohammed bin Abdulrahman Al Thani, focusing on joint economic cooperation and strengthening bilateral relations. The meeting coincided with Madbouly’s participation in the 22nd Doha Forum 2024, representing