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Gov’t proposes increasing spending on education, social security, healthcare in FY 2024-25 draft budget
Funds directed towards social protection are up 20% y-o-y to EGP 636 bn
Gov’t is working on an app for price tracking and an app for consumer complaints
The government has developed a mobile application to enable users to view and report commodity prices — dubbed Price Radar
Egypt seeks to lease LNG terminal as it starts importing natural gas
The government has purchased at least two shipments of LNG, an Oil Ministry source told Enterprise
Cabinet greenlights regs for Building Reconciliation Act + much more
Justice Minister Omar Marwan had said that the regulations will be out no later than 22 February
Egypt could start producing sustainable aviation fuel in 2025
The gov’t plans to launch a platform for the procurement of waste cooking oil needed for SAF production
Egypt, Italy sign agreements to back MSMEs, vocational training, and much more
Italy’s Deposits and Loans Fund is providing a total of EUR 145 mn to support MSMEs in Egypt
NUCA eyes EGP 260 bn sukuk issuance in 2024
NUCA’s issuance would be the first of its kind from a government entity
Gov’t unveils new economic and social development targets for the next fiscal year
The Madbouly government now sees the economy growing at a 4.2% clip in fiscal year 2024-2025
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