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Egypt’s parliament greenlights additional EGP 85B FY2024/25 budget allocation

The Egyptian House of Representatives has given its final approval to an additional appropriation of EGP 85 billion for the fiscal year (FY) 2024/2025 budget.

Updated 6/30/2025 8:41:00 AM
Parliament gives final approval for Egypt’s FY2025/26 economic, social development plan

The House of Representatives has officially approved the draft economic and social development plan for the fiscal year (FY) 2025/2026 during a plenary session chaired by Hanafi Gebaly.

Updated 6/18/2025 3:40:00 AM
Parliament passes new simplified tax system for projects with EGP 15M turnover

Egypt's House of Representatives approved a new simplified tax system for projects with an annual turnover of up to EGP 15 million.

Updated 1/27/2025 9:15:00 AM
Egypt’s Parliament approves amendments to Unified Tax Procedures Law

The Egyptian House of Representatives has greenlit a draft law submitted by the government on amending some provisions of the Unified Tax Procedures Law issued by Law No.206 of 2020.

Updated 1/27/2025 8:36:00 AM
Egyptian Parliament approves $131M agreement with AfDB for budget support program

Egypt's House of Representatives has approved Presidential decree No. 383 of 2024 sanctioning an agreement with the African Development Bank (AfDB) to finance the first phase of a budget support program aimed at private sector development and economic diversification.

Updated 12/31/2024 6:46:00 AM
El-Khatib highlights policies to boost Egypt's trade, investment in senate address

Minister of Investment and Foreign Trade Hassan El-Khatib outlined the state’s efforts to attract investments and enhance the movement of Egypt’s foreign trade in a recent address before the senate general assembly.

Updated 11/24/2024 2:23:00 AM
Parliament prepares extensive study on old rent laws post supreme constitutional court ruling

The House of Representatives has mandated its housing committee to prepare a detailed study on the old rent laws and evaluate their legislative impact.

Updated 11/10/2024 7:54:00 AM
Parliament gives final approval to extension of tax dispute settlement law until June

The Egyptian Parliament has given final approval to a government-proposed law extending the validity of Law No. 79 of 2016, concerning the settlement of tax disputes.

Updated 11/6/2024 12:14:00 PM
Agriculture Minister outlines food security, sustainable development initiatives in Egypt

Minister of Agriculture and Land Reclamation Alaa Farouk presented the ministry’s initiatives to bolster food security and achieve sustainable development during a general session of the House of Representatives.

Updated 10/21/2024 12:58:00 PM
Parliament ratifies grant from US to enhance economic governance

The House of Representatives has approved the fourth amendment to the comprehensive economic governance grant agreement between Egypt and the US.

Updated 10/9/2024 8:54:00 AM
Parliament gives final greenlight to sovereign investment, development fund law

The House of Representatives has given its final approval to a draft law, submitted by the government, amending some provisions of Law No. 177 of 2018 on the establishment of The Sovereign Fund of Egypt for Investment and Development.

Updated 10/9/2024 8:13:00 AM
Parliament gives preliminary nod to amendments to sovereign investment, development fund law

The House of Representatives has given its preliminary approval on a draft law submitted by the government on amending some provisions of Law No. 177 of 2018 on the establishment of The Sovereign Fund of Egypt for Investment and Development.

Updated 10/8/2024 9:15:00 AM
Parliament ratifies 2 grants to boost sustainable green energy sources

The House of Representatives has approved two grant agreements to drive economic development in the field of ecosystems and boost sustainable green energy sources, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat stated.

Updated 10/8/2024 1:05:00 AM
Egypt’s government finalizing work program details for parliament

All of the Egyptian ministries are currently finalizing detailed programs of the government’s work to be submitted to Parliament.

Updated 9/25/2024 2:33:00 AM
Badawi stresses Petroleum Ministry’s efforts to reduce import bill

The Ministry of Petroleum and Mineral Resources is working on multiple fronts to bolster production growth, with the aim of lowering the import bill and coping with challenges in this area, Minister of Petroleum Karim Badawi stated.

Updated 8/12/2024 10:08:00 AM
Parliament reviews government program for FY2024/25-2026/27

Counselor Ahmed Saad El-Din, First Undersecretary of the House of Representatives and Chairman of the Special Committee, presented the committee’s report on the new Egyptian government’s program for fiscal year (FY) 2024/2025 to FY 2026/2027.

Updated 7/18/2024 1:02:00 AM
Madbouly unveils 3-year government plan on Egypt’s development, sustainability

Prime Minister Mostafa Madbouly presented the government's plan titled "Together We Build a Sustainable Future" before the House of Representatives.

Updated 7/9/2024 6:02:00 AM
Parliament gives final nod to FY2024/25 economic, social development plan

The House of Representatives has given its final approval on the country’s economic and social development plan for fiscal year (FY) 2024/2025.

Updated 6/4/2024 7:06:00 AM
Parliament approves draft law encouraging public, private healthcare participation

The Egyptian House of Representatives has approved in principle a draft law submitted by the government allowing both public and private sectors to establish, manage, operate, and develop healthcare facilities in Egypt.

Updated 5/20/2024 8:50:00 AM
Parliament greenlights $61.7M USAID grants for strategic fields in Egypt

The Egyptian House of Representatives has approved four grant agreements worth $61.7 million between the Ministry of International Cooperation and the US Agency for International Development (USAID) in strategic fields of top priorities in Egypt.

Updated 3/21/2024 12:30:00 PM