Egypt's annual inflation rate hits lowest level in 2020

Mon, 25 Jan 2021 - 01:13 GMT

The report included infographics highlighting the economic reform program's success in slashing the annual inflation rate and keeping it within the target range of the Central Bank of Egypt (CBE).

Cabinet denies news of natural gas shortage

Sun, 17 Jan 2021 - 02:40 GMT

The center, in a statement Sunday, said it had contacted the Petroleum Ministry to verify the news, adding that the Ministry dismissed all reports of a fuel crisis as baseless.

Egypt's Cabinet denies news of natural gas shortage

Sun, 17 Jan 2021 - 10:57 GMT

The center, in a statement Sunday, said it had contacted the Petroleum Ministry to verify the news, adding that the Ministry dismissed all reports of a fuel crisis as baseless.

Cabinet approves establishing private free zone in Alexandria

Thu, 14 Jan 2021 - 04:29 GMT

The new company will be erected at Alexandria's Abu Qir port, on an area of 597,000 square meters.

Govt: Second batch of presidential grant to casual workers to be disbursed as of Jan 17

Thu, 14 Jan 2021 - 04:25 GMT

Saeed said the date was set during the cabinet's meeting on Thursday under the chairmanship of Prime Minister Mostafa Madbouli.

Egypt's Cabinet approves personal status bill

Thu, 14 Jan 2021 - 01:17 GMT

The bill regulates engagement, marriage, alimony, termination of marriage contracts either by divorce, annulment or separation, and the custody of children, guardianship over money, penalties for violators of rulings as well as other family-related issues for Muslims.

Egyptian government begins delivering residential units in New Capital

Mon, 04 Jan 2021 - 03:16 GMT

Spokesperson of the Cabinet Hani Younes posted photos of the first flat building delivered.

Egypt is working on establishment of first commodity exchange company: Cabinet

Sun, 27 Dec 2020 - 02:04 GMT

The new exchange aims at shrinking the circle of commodity trading from the source to the consumer, and saving the transportation cost, which represents 30% of the total cost of goods.

Egypt's gov't ratifies agreement with UK, Northern Ireland

Tue, 08 Dec 2020 - 03:12 GMT

This agreement aims to provide an appropriate framework for political dialogue, as well as work to liberalize trade, goods, services and capital, enhance the development of economic and social relations, as well as increase cooperation in areas of common interest.

House of Representatives election does not require cabinet resignation: Parliament Speaker

Mon, 07 Dec 2020 - 02:59 GMT

Parliament Speaker Ali Abdel al-Aaal stated that House of Representatives election does not require resignation of Cabinet.

Egypt’s government ratifies bylaws of new NGOs law No.149 for Year 2019

Fri, 27 Nov 2020 - 10:41 GMT

The House of Representatives passed an amended NGOs law in July 2019, after the existing version of the law was criticized for imposing steep restrictions on the work of tens of thousands of NGOs in the country.

Cabinet denies selling Cairo's Maspero Triangle to foreign investor

Thu, 26 Nov 2020 - 02:00 GMT

New housing units in the area will be offered to residents, who rejected receiving financial compensation or being moved to new cities, it added.

Egypt tops emerging markets containing inflation: Cabinet

Sat, 21 Nov 2020 - 01:15 GMT

The Cabinet’s information center published an infographic showing that Egypt tops emerging markets in containing inflation domain.

Reconciliation requests over construction violations in Egypt surpass 2.3M

Wed, 18 Nov 2020 - 02:15 GMT

The government had extended the deadline for submitting requests pushing it from September 30 to October 30.

Gov't investment hits LE 324B in last 2 years

Tue, 17 Nov 2020 - 04:16 GMT

Some economic activities maintained positive growth rates despite the crisis, and about 7,320 projects were fully implemented, since the launch of the government program in July 2018 until the end of December 2019, with an investment cost of LE 591 billion.

Egypt exempts bonds offered abroad from taxes, fees

Wed, 11 Nov 2020 - 03:25 GMT

This came during the weekly meeting of the Egyptian Cabinet headed by Mostafa Madbouly, where he discussed many important files and issues.

Egypt's cabinet issues decrees on bad weather, Black Friday, governmental headquarters

Wed, 11 Nov 2020 - 12:07 GMT

In the coming few days, Alexandria and Matrouh governorates will experience heavy rains and fierce winds, the prime minister pointed out.

Egypt's Cabinet denies school closing nationwide over bad weather

Sun, 08 Nov 2020 - 01:32 GMT

The center appealed to all mass media outlets and social media users to seek accuracy before spreading any false news that could stir up public opinion.

4 factors behind increase in Egypt's PMI during September

Mon, 05 Oct 2020 - 12:07 GMT

Egypt's main PMI, affiliated to IHS Markit, rose during September 2020, to the highest rate since July 2019, recording 50.4 points in September 2020, compared to 49.4 points in August.

Cabinet observes minute of silence over death of Kuwaiti Emir Sabah

Wed, 30 Sep 2020 - 02:21 GMT

The meeting was held via video conference.