“Economic reform programme is 85% accomplished, it will pay off:” PM
Egyptian Prime Minister Moustafa Madbouly presented to parliament on Tuesday the policy statement of his newly…
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Sherif Ismail
Egypt to import rice after slashing its own cultivation: PM Ismail
Egypt will begin importing rice, a crop it has typically had in surplus, to increase stocks and control the market,…
Saudi ACWA to execute Upper Egypt’s 3 solar power plants next month
Saudi Arabia-based ACWA Power prepares to start implementing three solar power plants in Benban area in the Upper…
Egypt’s PM issues decree to build urban community in Warraq Island
Egypt’s Prime Minister Sharif Ismail has issued Sunday a decree establishing an urban community in Giza’s Warraq…
Egypt’s PM inks to raise drinking water and sewage fees this month
Egypt’s Prime Minister Sherif Ismail signed off Saturday to raise drinking water and sewage fees starting this…
IMF, Egypt to host inclusive growth, job creation conference next month
The International Monetary Fund and Egypt’s central bank and government will co-host a high-level conference in…
Egypt to establish public free zone in Nuweiba, South Sinai
Prime Minister Sherif Ismail issued on Sunday a decision to establish a public free zone on a plot of 226.047…
Egypt’s draft budget expects 5.8% growth rate, decreased budget deficit
Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a…
Egypt eyes 5.8% GDP growth in FY2018/19 budgeting: PM Ismail
Egypt’s Cabinet approved this week the state’s budget for the 2018/2019 financial year, which aims to reach a GDP…
Egypt’s government approves FY2018/19 budgeting, eyes 5.8% GDP growth
The Egyptian government has approved the budget for financial year 2018/2019, aiming at GDP growth of 5.8…
Builders of Egypt III Forum kicks off in Cairo
The third edition of Builders of Egypt Forum has kicked off in Cairo on Sunday, under the patronage of Egyptian…
Egypt approves bill allowing 53 churches to practice religious rituals nationwide
Egypt's Prime Minister Sherif Ismail held a meeting with the Ministers of Housing, Justice, Antiquities,…
Egypt’s top 100 firms and 50 women award ceremony to take off today
The third edition of Amwal Al Ghad Annual Award Ceremony will take off on Monday to honour the Top 100 Companies…
Grey economy in Egypt is worth 1.8 trillion pounds: Prime Minister
The size of “the grey market” in Egypt is estimated to be 1.8 trillion Egyptian pounds, Egyptian Prime Minister…
Egypt investment minister sees new investment law passed in days
Egyptian Investment Minister Sahar Nasr expects the country will issue the new investment law, aimed at attracting…
Cairo working on moving ministries to new administrative capital
Egypt's Prime Minister Sherif Ismail said that the government is currently working on moving ministry buildings…
Ismail says Unprecedented population growth is Egypt’s biggest challenge
Population growth is set to pose the biggest challenge to the country, Egyptian Prime Minister Sherif Ismail told…
Egypt government approves Eurobond programme of around $7 billion
Egypt’s government approved a Eurobond programme worth around $7 billion to be issued during the 2017-2018…
Egypt’s Zohr gas field to yield 500 mln cubic feet/day by end-2017
Egypt's massive new offshore Zohr gas field in the Mediterranean is set to be producing 500 million cubic feet per…
Egypt state institutions to move to the new capital city by 2018-end: PM
Egypt’s state institutions will be moved to the country’s new administrative capital by the end of 2018, Egyptian…
Egypt starts comprehensive scheme for railway system developement
Egypt's government has begun its comprehensive scheme to develop the county's railway system headed by Egyptian…
Egypt names former bourse chief Mohamed Omran as FSA head
Egypt has picked former stock market chief Mohamed Omran to lead the Egyptian Financial Supervisory Authority…
South Korea to build $10 bln integrated agricultural city in Egypt
Egypt and the Korea-Arab Society (KAS) signed Tuesday a cooperation protocol to build a $10 billion integrated…
Egypt names economist Mohamed Farid as new stock market chief
Egyptian Prime Minister Sherif Ismail appointed on Sunday Mohamed Farid Saleh as the new chairman for Egypt’s stock…
Six deals signed for new industrial projects in Suez Canal Economic Zone
Egyptian Prime Minister Sherif Ismail witnessed Tuesday the signing of six contracts with investment companies to…
Egypt’s Zohr field to produce 500 mln sq feet of gas by 2017-end: Eni CEO
Egypt's giant gas field Zohr, recently discovered by Italian oil major Eni, is expected to produce some 500 million…
NBE bank earmarks 300m Egyptian pounds for scientific research, scholarships
Egypt’s biggest lender, the state-owned National Bank of Egypt has signed Thursday a cooperation protocol to put…
Egypt’s PM says state must reclaim its land following Warraq Island clashes
Egyptian Prime Minister Sherif Ismail stated Sunday that it is necessary for the state to reclaim its land,…
Egypt’s PM says only 24% of citizens paid electricity bills
Prime Minister Sherif Ismail asserted on Tuesday the importance of cracking down on governmental bodies…
Egyptian Cabinet announces new electricity price hikes this July
Egyptian Prime Minister Sherif Ismail announced Thursday that a new electricity price increase will begin this July…
Egypt’s PM orders executing measures to alleviate economic burdens starting 1 July
Egypt's Prime Minister Sherif Ismail has given government ministers a date of 1 July to start implementing a range…
Egypt expects to receive second tranche of the IMF loan in July: PM
Egypt expects to receive the second tranche of a $12 billion International Monetary Fund loan in July, Egyptian…
General Electric to sign Egypt railway system upgrade deal today
Egypt and U.S. conglomerate corporation General Electric (GE) will sign Saturday an agreement for the modernisation…
Egypt appoints investment minister as country’s governor to World Bank
Egyptian Prime Minister Sherif Ismail has appointed Wednesday Minister of Investment and International Cooperation…
Recovered 1.7 million feddans of agricultural land: Egypt’s PM
Egypt's Prime Minister Sherif Ismail said 1.93 million feddans of the country's agricultural land has been…
British PM reiterates support of Egypt’s economic reform steps
British Prime Minister Theresa May has retiterated her country’s full support of Egypt’s economic reform measures…
Egypt studies opening negotiations with Israel to drop gas fines
Egypt's government is studying offers to open negotiations with Israel again in an attempt to drop the…
Egypt expects new investment law to be issued in May
Egypt’s long-awaited new investment law is expected to be issued in May, the country’s Prime Minister Sherif Ismail…
PM Ismail extends state of emergency in Egypt’s North Sinai
Egypt's Prime Minister Sherif Ismail ordered on Wednesday the extension of the state of emergency in designated…
Egypt eyes around 9.5% in budget deficit within FY2017/18: PM
Egypt’s government targets a budget deficit worth around 9.5 percent in its budget within the financial year…