Finance Minister Momtaz al-Saeed said on Tuesday that some former regime officials currently detained in Tora Prison offered to relinquish part of their wealth in return for the government dropping corruption lawsuits filed against them.
At a press (...)
A Finance Ministry official has said that the government plans to reduce its spending in order to offset the state budget deficit. It vows to cease building new offices and only buy Egyptian products.
The plan aims to reduce the LE134 billion (...)
Prime Minister Kamal al-Ganzoury, who is tasked with forming the new national salvation government, presented his proposals to Hussein Tantawi, president of the Supreme Council of the Armed Forces, on Thursday.
The new government would include six (...)
Deputy Prime Minister Ali al-Selmy has announced amendments to Articles 9 and 10 of the draft constitutional principles document that pertain to the armed forces, as well as the article related to the constituent committee tasked with writing the (...)
Egypt's cabinet has directed its Interior Ministry to adopt all measures required to secure the upcoming parliamentary elections, which are set to begin on 28 November.
The cabinet, in a meeting on Wednesday chaired by interim Prime Minister Essam (...)
The Sinai Development Committee (SDC) has set out its new strategy for the development of the Sinai peninsula.
At a meeting on Tuesday under the chairmanship of Prime Minister Essam Sharaf, the committee decided to form a sub-committee from (...)
Finance Minister Hazem al-Beblawy has told Al-Masry Al-Youm that the ruling Supreme Council of the Armed Forces (SCAF) rejected his resignation, which he submitted on Tuesday.
Beblawy, who is also deputy prime minister for economic affairs, said he (...)
In its meeting on Sunday, the cabinet endorsed amendments to laws governing the People's Assembly, the Shura Council and electoral constituencies. It also increased the number of parliamentary seats allocated for list-based candidacy in upcoming (...)
Prime Minister Essam Sharaf announced on Wednesday the appointment of Mohamed Omran as the new director of the Egyptian Stock Exchange, starting from 25 September. Omran, however, said he had not been informed of his appointment.
The current (...)
Members of 17 political parties and movements have marched to the cabinet building to protest the Emergency Law. They held banners warning of the hijacking of the revolution.
The marchers were joined by supporters of Omar Abdel Rahman, who is (...)
Prime Minister Essam Sharaf appointed his nephew, Ahmed Adel, to Tharwa Oil Company, which is known for employing the sons of high government officials and ministers, an official at the cabinet said on Wednesday, claiming that Sharaf had coordinated (...)
The cabinet has tasked a committee to come up with recommendations to retrieve frozen money in Switzerland through cooperation with the Swiss government. The committee was formed by the military council.
In October 2010, the Swiss parliament agreed (...)
Prime Minister Essam Sharaf agreed on Thursday with a number of German medical experts to build a specialized center in Cairo to treat victims of road accidents.
The move comes amid the release of new statistics indicating that vehicle collisions (...)
Prime Minister Essam Sharaf has called an emergency cabinet meeting for Friday evening to address the ongoing security situation in Sinai, amid reports that Israeli and Egyptian forces have been engaging in hostilities there.
The ministers of (...)
The cabinet approved a draft law on Wednesday concerning the development of industry and infrastructure in Sinai, and the transfer of population to the peninsula. The draft has yet to be submitted to the ruling military council for (...)
A security official on Tuesday allegedly assaulted and insulted the secretary of Deputy Prime Minister Ali al-Selmy at the cabinet's headquarters, sources said.
The sources, who asked not to be named, said cabinet security chief Tamer Amin asked (...)
Egypt on Thursday announced the appointment of 11 new governors as part of the governor's reshuffle approved by interim Prime Minister Essam Sharaf. The move included the transfer of one governor and the appointment of three vice governors.
The (...)
Prime Minister Essam Sharaf will conclude the cabinet reshuffle on Thursday, said a government source on Wednesday, adding that the remaining changes would involve the Trade and Industry Ministry and the Antiquities Ministry.
The source, who (...)
The government has cancelled its controversial privatization program, ordering the formation of a committee which will be charged with reviewing the contracts of all companies that had been previously privatized, said Deputy Prime Minister Ali (...)
The head of Egypt's ruling military council will swear in 14 new Egyptian ministers Monday after the prime minister decided to reshuffle his cabinet in response to protests.
Thirteen ministers survived the reshuffle, including the ministers of (...)
Prime Minister Essam Sharaf has chosen two deputies, Ali al-Selmy for political development and democratic affairs and Hazem al-Beblawy for economic affairs, said cabinet spokesperson Mohamed Hegazy on Saturday.
Hegazy said the choices represent a (...)
Egypt's newly-appointed minister of finance, Hazem al-Beblawy, vowed on Sunday to set a maximum for public sector wages to bridge the pay gap between junior and senior employees.
Beblawy replaced Samir Radwan as minister of finance and the prime (...)
A delegation of Tahrir Square demonstrators met with Prime Minister Essam Sharaf Sunday and said that he assured them that he would order a cabinet reshuffle soon.
The protesters have requested the removal of the ministers of international (...)
Egypt's Prime Minister Essam Sharaf met Thursday with journalist Osama Heikal, who is likely slated to fill the vacant post of information minister.
Heikal said Sharaf reversed an earlier government decision to cancel the Information Ministry. (...)
Egypt's interim government approved a controversial bill organizing parliamentary candidacy on Wednesday.
The government has made some amendments to the bill, which is expected to be submitted to the ruling Supreme Council of the Armed Forces (...)