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Cabinet greenlights Feerum Egypt’s establishment to localize grain silos production

The Cabinet has approved establishing “Feerum Egypt”, a joint-stock company formed by Egypt’s Samcrete and Poland’s Feerum, to localize the production of grain silos.

Updated 11/6/2025 9:07:00 AM
Cabinet extends fee exemption for air carriers to December 2026

Prime 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 AM
Madbouly approves new FRA auditing standards to take effect in 2027

Prime Minister Mostafa Madbouly approved implementing the new Egyptian standards, proposed by the Financial Regulatory Authority (FRA), for auditing and financial review and regulating oversight of non-banking financial markets and instruments.

Updated 11/3/2025 7:30:00 AM
Egypt cabinet approves PPAs with Masdar-led consortium for 1.2 GW solar projects

The Egyptian cabinet has approved the signing of two power purchase agreements (PPAs) between the Egyptian Electricity Transmission Company (EETC) and a consortium comprising Abu Dhabi's Masdar, Infinity Power, and Hassan Allam Utilities to generate solar power with a combined capacity of 1,200 megawatts.

Updated 10/22/2025 3:04:00 AM
Madbouly appoints Hashem El Sayed Hashem as CEO of state-owned enterprises unit

Egypt PM appoints Hashem El Sayed Hashem as CEO of state-owned enterprises unit.

Updated 10/15/2025 10:19:00 AM
Cabinet extends building violations reconciliation deadline

The Egyptian cabinet has approved extending the deadline for submitting reconciliation requests for certain building violations to the relevant administrative authorities for an additional six months, starting November 5th, as per a statement.

Updated 10/15/2025 3:22:00 AM
Cabinet approves $207.38M new private free projects

The Egyptian cabinet, chaired by Prime Minister Mostafa Madbouly, has greenlit three new projects to operate within the private free zone system, with a combined investment of $207.38 million.

Updated 9/28/2025 8:35:00 AM
Egyptian government grants golden licenses for 3 strategic projects

The Cabinet has granted the golden license to three projects, established by private companies, Prime Minister Mostafa Madbouly announced.

Updated 7/17/2025 6:06:00 AM
Cabinet assigns TSFE to study use of 15 vacant buildings

The Egyptian cabinet has mandated the Sovereign Fund of Egypt (TSFE) to examine the transfer of ownership of 15 unoccupied buildings, with the goal of preparing them for utilization and future investment offerings.

Updated 7/9/2025 3:29:00 AM
Cabinet approves commemorative coins, backs e-tax contract to enhance tax services

The Egyptian cabinet has approved two draft resolutions authorizing the issuance of non-circulating commemorative silver coins to mark major national milestones.

Updated 5/28/2025 3:41:00 AM
Egyptian Cabinet greenlights 5 petroleum projects worth $221.2M

The Egyptian Cabinet has approved five petroleum commitment projects involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies

Updated 5/15/2025 5:29:00 AM
Cabinet unveils NUCA's approval for companies to allocate lands in US dollars

The Cabinet announced the New Urban Communities Authority’s approval for allocating certain plots of land to a number of companies under the sale system in US dollars

Updated 4/9/2025 3:59:00 AM
Egypt’s Cabinet approves FY2025/26 draft budget with EGP 3.1T in revenues

The Egyptian Cabinet at its latest meeting, chaired by Prime Minister Mostafa Madbouly, approved the draft budget for fiscal year (FY) 2025/2026, with revenues estimated at EGP 3.1 trillion, marking an annual growth rate of 19%.

Updated 3/27/2025 9:25:00 AM
Cabinet approves draft decree on Arab Common Electricity Market agreements

The Egyptian cabinet has approved a draft presidential decree on the "General Agreement for the Establishment of the Arab Common Electricity Market" and the "Arab Common Electricity Market Agreement."

Updated 2/27/2025 12:16:00 PM
Egypt approves €12M EU financing for national population strategy

Egypt’s cabinet has approved a draft presidential decree for an €12 million financing agreement with the European Union (EU) to support the second phase of the National Strategy for Population.

Updated 2/19/2025 2:37:00 AM
Madbouly confirms public-sector salary increase to take effect in July

Egyptian Prime Minister Mostafa Madbouly confirmed that wage increases for government employees will take effect in July at the start of the new fiscal year (FY) 2025/2026.

Updated 2/16/2025 12:16:00 PM
Egypt’s cabinet approves new customs, financial zone, mining sector laws

The Egyptian Cabinet has approved several key decisions to enhance customs procedures, regulate central financial zones, and restructure the mining sector.

Updated 2/13/2025 4:01:00 AM
Madbouly orders forming 6 advisory committees to enhance government-private sector dialogue

Prime Minister Mostafa Madbouly has declared a decision to form six specialized advisory committees to enhance communication channels between the government and the private sector.

Updated 1/23/2025 1:19:00 AM
Cabinet grants 2 golden licenses for Lesaffre, Huhtamaki

The Cabinet granted two golden licenses to two projects in Egypt.

Updated 1/19/2025 11:39:00 AM
El-Sisi approves 50% increase in Egypt’s share of IMF

Egyptian President Abdel Fattah El-Sisi has approved Law No. 247 of 2024, authorizing the increase of Egypt's share in the International Monetary Fund (IMF) by 50%.

Updated 1/9/2025 3:43:00 PM