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Prime Minister appoints Mohamed El Gawsaky as GAFI CEO

Prime Minister Mostafa Madbouly has appointed Mohamed El Gawsaky as the CEO of the General Authority for Investment and Free Zones (GAFI) for a one-year term.

Updated 1/5/2026 7:31:00 AM
Madbouly declares January 7th public holiday for Coptic Christmas

Prime Minister Mostafa Madbouly declared Wednesday, January 7th, as an official holiday on the occasion of Coptic Christmas.

Updated 1/5/2026 7:25:00 AM
IMF mission to visit Cairo on December 1st: Madbouly

The International Monetary Fund (IMF) mission is scheduled to visit Egypt from December 1st to 12th, Prime Minister Mostafa Madbouly announced during the Cabinet‘s weekly meeting.

Updated 11/23/2025 7:32:00 AM
Ahmed Abdel Aziz named FRA’s deputy chairman

Prime Minister Moustafa Madbouly has issued a decision appointing Ahmed Abdel Aziz as the deputy chairman of the board of the Financial Regulatory Authority (FRA).

Updated 11/17/2025 7:40:00 AM
Egypt, World Bank eye deeper cooperation on infrastructure, energy

Prime Minister Mostafa Madbouly received a delegation from the World Bank Group to discuss strengthening cooperation in the infrastructure programs implemented by the international bank in Egypt.

Updated 11/12/2025 8:45:00 AM
Madbouly inspects locally-manufactured transports at TransMEA Smart 2025

Prime Minister Mostafa Madbouly inspected the first locally manufactured amphibious bus, which will boost the tourism sector

Updated 11/9/2025 1:32:00 AM
Schneider Electric expands factory in Badr City to boost energy sector

Prime Minister Mostafa Madbouly witnessed the expansion of a regional factory of Schneider Electric in Badr City to scale investments in the Egyptian industrial sector

Updated 11/6/2025 12:47:00 PM
Madbouly inaugurates EGP 500M Mansour Filters Manufacturing plant

Prime Minister Mostafa Madbouly inaugurated the Mansour for Filters Manufacturing plant in 10th of Ramadan City, with investments totaling EGP 500 million ($11 million).

Updated 11/6/2025 11:43:00 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
Egypt establishes silo project to expand wheat storage capacity: Madbouly

Egypt is implementing a national silo project aimed at increasing storage capacity for wheat and grains and maintaining a strategic reserve to secure the country's needs

Updated 11/3/2025 11:12:00 AM
Madbouly declares October 9th as paid holiday for October 6th War anniversary

Prime Minister Mostafa Madbouly announced Thursday, October 9th, as an official paid holiday to celebrate the anniversary of the 6th of October War victory, according to a statement.

Updated 9/30/2025 6:28:00 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
Eni to invest $8B in Egypt over 5 years

Eni will invest $8 billion in the Egyptian market over the next five years, the Italian company's Chief Operating Officer Global Natural Resources Guido Brusco unveiled during his meeting with Prime Minister Mostafa Madbouly.

Updated 9/28/2025 7:03:00 AM
EgyptAir to receive 1st Boeing 737-MAX aircraft in January 2026

EgyptAir is expected to receive the first Boeing 737-MAX aircraft in January 2026 under the deal for leasing 18 of the model through US-based Air Lease Corporation, Prime Minister Mostafa Madbouly announced during a meeting with Brendan Nelson.

Updated 9/24/2025 7:45:00 AM
China’s Hengsheng opens $70M textile factory in SCZONE

Prime Minister Mostafa Madbouly opened the factory of China’s Hengsheng Textile Technology Company in the Qantara West Industrial Zone, with investments worth $70 million

Updated 9/21/2025 6:07:00 AM
Madbouly inaugurates $475.8M water treatment plant in Qantara West

Prime Minister Mostafa Madbouly has inaugurated a water station and the wastewater intake project in the Qantara West Industrial Zone, with a total investment exceeding EGP 475.8 million.

Updated 9/21/2025 6:00:00 AM
Fuel pricing reform on track, last actual hike expected in October: Madbouly

The fuel prices are expected to increase next October, which is likely to be the last in terms of actual hikes, Prime Minister Mostafa Madbouly revealed.

Updated 9/17/2025 7:50:00 AM
Madbouly highlights National Narrative for Economic Development’s goals

Prime Minister Mostafa Madbouly outlined the objectives of the National Narrative for Economic Development roadmap, highlighting the government's plans to reduce debt to 80% or 81% by the end of fiscal year (FY) 2025/2026.

Updated 9/17/2025 7:26:00 AM
Egypt, Tunisia agree to double exchange trade to $1B within 2 years

Egypt and Tunisia agreed to double the volume of current bilateral trade to $1 billion over the next two years, Prime Minister Mostafa Madbouly said.

Updated 9/14/2025 8:30:00 AM
Egypt, Tunisia sign 8 MoUs to enhance cooperation

Egypt and Tunisia signed eight documents in several areas of joint cooperation during the Egyptian-Tunisian Joint Higher Committee in Cairo, according to a statement.

Updated 9/11/2025 2:47:00 PM