PM: Egypt no longer reliant on hot money for reserves
Prime Minister Moustafa Madbouly said Wednesday recent outflows of hot money in the wake of regional tensions pose…
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Moustafa Madbouly
Egypt’s PM vows to press ahead with reforms to shield investment from regional turmoil
Egyptian Prime Minister Moustafa Madbouly pledged on Wednesday that his government will stay the course on economic…
Egypt’s Madbouly says economy ‘totally stable’ but warns of fallout if crisis deepens
Egyptian Prime Minister Moustafa Madbouly said the nation’s economy remains resilient as regional tensions persist,…
Egypt plans price oversight committee as PM warns against market manipulation
Egypt will convene a special committee on Thursday to tighten oversight of prices and prevent artificial inflation,…
Egypt to offer incentives to factories hit by temporary gas supply cuts: PM
Egyptian Prime Minister Mostafa Madbouly said on Wednesday that the government is offering incentive packages to…
Egypt schedules crisis committee meeting next week to plan for regional risks
Egypt’s government will hold a second crisis committee meeting by mid-next week to review contingency plans as the…
Egypt’s energy output to rise with new fields coming online in August: PM
Egypt expects a rise in local energy production starting in August, when two new oil fields in the Western Desert…
Egypt’s Madbouly says gas needs secured as new FSRUs to start this month
Egypt has secured its natural gas needs with the arrival of additional floating storage and regasification units…
Egypt’s strategic food reserves at highest levels, PM says
Egypt has built up its strategic reserves of essential food commodities to their highest levels in years, with…
Egypt inaugurates first art-themed Hyatt hotel in Africa – Cabinet
Egypt has inaugurated the Hyatt Centric Cairo West, the country’s and Africa’s first art-themed hotel, as part of…