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More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
Industrial investors to get 6-month grace period from late delivery penalties
Gov’t to give industrial investors some breathing room: The Madbouly cabinet approved giving the Industrial Development Authority (IDA) the power…
PM Madbouly talks all things econ as cabinet approves subsidized loans to industry, bumps state wheat procurement price
Prime Minister Moustafa Madbouly has good news for manufacturers and growers: In a press conference following yesterday’s weekly cabinet meeting,…
Ministers approve decision to “rationalize spending” in FY 2022-2023
Budget cutbacks in the works? Ministers approved a decision by Prime Minister Moustafa Madbouly to rationalize spending for the remainder…
Cabinet gives initial approval to freight transport privatization + makes some shop owners’ lives easier after Public Shops Law controversy
Are we one step closer to privatizing Egypt’s freight transport sector? Cabinet approved in principle the decision to grant a…
Egypt approves USD 5.5 bn green ammonia plant
Ministers have awarded a golden license for a USD 5.5 bn green ammonia plant in Ain Sokhna, cabinet said in…
Cabinet approves move to join BRICS development bank
Another step closer to BRICS bank membership: Ministers approved plans for Egypt to join the New Development Bank (NDB), a…
Last Night’s Talk Shows: Madbouly has a plan to solve FX woes
It was a slow night on talk shows yesterday — sans Lamees Hadidi and Amr Adib
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