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"Mostafa Madbouly"

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Egypt - Urban & Transport
2/22/2023 2:33:08 PM
Prime Minister Mostafa Madbouly inspected on Tuesday the prototype of Egypt’s first locally manufactured electric vehicle (EV) and discussed the development of its production with its manufacturers.

Business - Economy
2/16/2023 8:05:52 PM
Egyptian Prime Minister Mostafa Madbouly met on Thursday with a delegation of 14 representatives of Turkish companies either operating in Egypt or planning to start new investments in the country, in the first such meeting in a decade amid recent thawing in relations between Cairo and Ankara.

Business - Markets & Companies
2/13/2023 9:21:07 PM
Egypt's Prime Minister Mostafa Madbouly said on Monday that a total of EGP 51 billion is needed to settle debts of and upgrade the 1927-founded Egypt's Cotton, Spinning, Weaving and Clothing Holding located in the Nile Delta’s El-Mahalla city.

Business - Economy
2/8/2023 6:54:02 PM
Egypt’s Prime Minister Mostafa Madbouly announced on Wednesday that 32 Egyptian state companies will be listed on the Egyptian Exchange (EGX) and also sold for strategic investors within a year.

Egypt - Foreign Affairs
2/7/2023 5:40:25 PM
Croatian President Zoran Milanovic has said that his country supports the efforts exerted by the Egyptian government on the economic and development fronts which have contributed to achieving stability.

Egypt - Foreign Affairs
2/6/2023 10:55:11 PM
Prime Minister Mostafa Madbouly said Egypt-Serbia relations are developing, pointing out to President Abdel-Fattah El Sisi’s visit to the Balkan country in July 2022.

Egypt - Foreign Affairs
2/4/2023 4:51:26 PM
Egypt's Prime Minister Mostafa Madbouly and his Romanian counterpart Nicolae Ciuca met in Cairo on Saturday and discussed fostering economic relations and the trade exchange between the two countries, which exceeded $1 billion last year.

Egypt - Foreign Affairs
2/2/2023 11:14:00 PM
Egypt's Prime Minister Mostafa Madbouly is attending the 2nd Dakar Financing Summit for Africa's Infrastructure Development (DFS-2) on Thursday on behalf of President Abdel-Fattah El-Sisi.

Business - Economy
2/1/2023 6:40:00 PM
Egypt will announce next week a detailed plan to offer stakes of “at least 20 [state] companies and likely more than that” over the course of 2023, Prime Minister Mostafa Madbouly said in a press conference after a Cabinet meeting on Wednesday.

Business - Economy
1/30/2023 9:42:59 PM
Egypt aims to have a gross domestic product (GDP) growth rate of 5 percent and 6 percent in 2024 and 2025 respectively, Prime Minister Mostafa Madbouly said in the opening speech of CI Capital’s Seventh Annual MENA Investor Conference on Monday.

Egypt - Health
1/28/2023 9:56:33 PM
Egyptian Prime Minister Mostafa Madbouly inaugurated on Saturday a factory owned by pharmaceutical company BioGeneric Pharma in northern Egypt’s 10th of Ramadan City, which is set to receive the technology required to produce mRNA vaccines and biologics.

Egypt - Tourism
1/25/2023 5:59:28 PM
Prime Minister Mostafa Madbouly instructed making the best use of modern real estate wealth in Egyptian tourist and new cities by transforming these assets into tourist units and hotel rooms to maximise individual tourism.

Business - Economy
1/18/2023 11:05:00 PM
Between 14 and 17 January, Egypt released $4.8 billion worth of goods that were stuck in its ports due to the country's hard currency crunch, Prime Minister Mostafa Madbouly said.

Business - Economy
1/18/2023 10:50:00 PM
Egypt's Prime Minister Mostafa Madbouly said the cost of wheat subsidies will reach EGP 95 billion by the end of the year, up from EGP 38 billion.

Egypt - Society
1/18/2023 6:59:17 PM
Egypt's Prime Minister Mostafa Madbouly has designated Thursday 26 January a paid day off for the anniversary of the 25 January Revolution as well as Egypt's Police Day.

Business - Economy
1/18/2023 4:56:38 PM
Egypt has raised the price of local wheat procurement for the new harvest season, which starts in April 2023, by 42 percent to hit EGP 1,250 per ardeb (1 ardeb= 150kg), up from EGP 880.

Egypt - Politics
1/14/2023 8:09:54 PM
The Egyptian state continues to bear large subsidies in basic commodities, especially bread and energy subsidies, to ease the burden on citizens during the current crises, Egyptian Prime Minister Mostafa Madbouly said on Saturday.

Business - Economy
1/11/2023 8:06:21 PM
More than $1.5 billion worth of imported goods was released between 1 and 10 January as part of the government's efforts to resolve Egypt's import backlog, Prime Minister Mostafa Madbouly said on Wednesday.

Business - Economy
1/9/2023 10:53:42 PM
Egypt’s Prime Minister Mostafa Madbouly has issued a number of regulations for state bodies to rationalise public expenditure amid the ongoing global economic crisis, including postponing new projects that need US dollars and have not yet started.

Egypt - Foreign Affairs
1/9/2023 10:53:03 PM
Egypt and Somalia signed on Monday a number of MoUs in various fields of cooperation, including higher education, media and cultural and religious cooperation.

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