Egypt has built up its strategic reserves of essential food commodities to their highest levels in years, with stocks sufficient for more than six months, Prime Minister Moustafa Madbouly said on Wednesday.
Speaking at a press conference, Prime (...)
Egypt has secured its natural gas needs with the arrival of additional floating storage and regasification units (FSRUs) and expects further boosts in domestic energy production in the coming months, Prime Minister Moustafa Madbouly said on (...)
Egypt expects a rise in local energy production starting in August, when two new oil fields in the Western Desert are set to begin operations, Prime Minister Moustafa Madbouly said on Wednesday.
"Despite the challenges, we are on track to meet the (...)
Egypt's government will hold a second crisis committee meeting by mid-next week to review contingency plans as the country braces for possible fallout from an escalating regional conflict, Prime Minister Moustafa Madbouly said Wednesday.
Speaking at (...)
Egyptian Prime Minister Moustafa Madbouly said on Wednesday that the government is offering incentive packages to factories affected by temporary gas supply suspensions, as the country moves to address the energy shortfall by the end of the (...)
Egypt will convene a special committee on Thursday to tighten oversight of prices and prevent artificial inflation, Prime Minister Moustafa Madbouly said during a press conference in Cairo on Wednesday.
The prime minister emphasised that local (...)
Egyptian Prime Minister Moustafa Madbouly said the nation's economy remains resilient as regional tensions persist, but cautioned that any escalation could trigger broader repercussions.
Speaking during a press conference in Cairo on Wednesday, the (...)
Egyptian Prime Minister Moustafa Madbouly pledged on Wednesday that his government will stay the course on economic reforms and safeguard the nation's stability as it looks to protect foreign investment from rising regional tensions.
Speaking at a (...)
Prime Minister Moustafa Madbouly said Wednesday recent outflows of hot money in the wake of regional tensions pose no threat to Egypt's financial stability, as the government no longer relies on these volatile inflows to support foreign (...)
Egypt's Ministry of Justice has rolled out on Wednesday a new pilot digital service to help foreigners and citizens marrying or divorcing non-Egyptians navigate document requirements, part of a broader push to streamline services and cut (...)
Egypt's Central Administration of Plant Quarantine (CAPQ) has received ISO 9001:2015 certification for quality management, the first time the agency has earned the international standard as it looks to bolster the nation's agricultural exports.
The (...)
Egyptian Prime Minister Moustafa Madbouly reviewed a series of private sector-driven economic reform proposals aired on the televised programme Al-Mowagaha, underscoring the government's openness to business-led development ideas as it works to spur (...)
Egypt has activated self-service ticketing kiosks at the Saqqara archaeological site as part of a nationwide digital overhaul of tourism services, the Ministry of Tourism and Antiquities announced Thursday.
The machines allow visitors to purchase (...)
Egypt condemned Israel's military strikes on Iran early Friday, warning the attack marks a dangerous escalation that could push the Middle East toward widespread instability and conflict.
In a statement from the Ministry of Foreign Affairs, Cairo (...)
Egypt is stepping up efforts to secure its strategic reserves of essential goods in response to regional instability following Israel's military operation in Iran, Prime Minister Moustafa Madbouly said on Friday.
The prime minister said authorities (...)
Egypt's nuclear watchdog said it has found no evidence of radioactive leakage from Iran's Natanz nuclear facility following recent regional military escalation.
In a statement issued on Friday, the Egyptian Nuclear and Radiological Regulatory (...)
Egypt's drive to digitise public services is gaining momentum, with more than 40 per cent of commercial registry applications now submitted through the Digital Egypt Platform, the country's Internal Trade Development Authority (ITDA) said (...)
Egypt has activated an emergency plan to manage its energy supply after regional military escalation disrupted natural gas imports from the east, the petroleum ministry said on Friday.
As part of the contingency measures, the government has (...)
Egypt's civil aviation authority said on Friday that the country's airspace remains secure and flight operations are proceeding normally, despite heightened regional tensions following military escalation in the Middle East.
In a statement, the (...)
Egypt has postponed the official inauguration of the Grand Egyptian Museum to the fourth quarter of 2025, citing ongoing regional tensions, its tourism ministry said in a statement Saturday.
The museum's opening, initially scheduled for July 3, will (...)
Egypt is targeting economic growth of 4.5 per cent in the 2025/2026 fiscal year, up from an estimated 2.4 per cent this year, as the government advances structural reforms and boosts investment in human development despite ongoing regional (...)
Egypt's parliament approved Tuesday the government's economic and social development plan for the 2025/2026 fiscal year, setting a growth target of 4.5 per cent as authorities seek to bolster recovery despite escalating regional and global (...)
Egypt's reserve money (M0) rose to 2.166 trillion Egyptian pounds at the end of May, up from 2.045 trillion pounds in April, the Central Bank of Egypt (CBE) said on Monday.
M0 — a key measure of liquidity in the central bank's monetary policy (...)
Egypt's Ministry of Planning and Economic Development on Sunday signed a cooperation protocol with the Federation of Egyptian Banks (FEB) to expand access to international development partner services through the Ministry's Hafez platform.
The (...)
The National Bank of Egypt (NBE) on Sunday signed an investment grant agreement with the European Investment Bank (EIB) to support the Green Sustainable Industries Project, part of Egypt's push to accelerate its green transition and decarbonise its (...)