Day: March 5, 2025

Egyptian Prime Minister Mostafa Medbouly met with Housing Minister Sherif El-Sherbiny and Mohamed Ragai, Vice President of the New Urban Communities Authority for Financial, Administrative Affairs, and Human Resources, on Wednesday evening to review the financial position of the New Urban Communities Authority. At the start of the meeting, Medbouly…

The Egyptian Space Agency (EGSA) and Tanmia Petroleum Company have signed a Memorandum of Understanding (MoU) to leverage space applications for developing advanced monitoring and early warning systems for petroleum and mineral resources facilities. The agreement was signed at EGSA’s headquarters by Sherif Sedky, CEO of the agency, and Mostafa…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Bassel Rahmy, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), have signed a Memorandum of Understanding (MoU) aimed at fostering sustainable employment opportunities for young men and women. The agreement focuses on…

Manal Awad, Minister of Local Development, announced that the World Bank has highlighted the significant achievements of the Upper Egypt Local Development Programme (UELDP) in its latest report, praising its role in driving economic growth, enhancing infrastructure, and improving citizens’ quality of life. The report described the UELDP as a…

Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, has met with Armen Sarkissian, Ambassador of Armenia to Cairo, along with his accompanying delegation, to discuss ways to strengthen collaboration in the health sector. Hossam Abdel Ghaffar, the official spokesperson for the Ministry of Health and Population,…

Yasmine Fouad, the Egyptian Minister of Environment, met with Ahmed Rizk, Director of the Egypt Office of the United Nations Human Settlements Programme (UN-Habitat), to discuss potential collaboration on projects related to waste management, biodiversity conservation, ecosystem restoration, urban mobility, and plastic pollution. The discussions explored cooperation in implementing the…

The Egyptian government has allocated EGP 1bn in its fiscal year (FY) 2024/25 budget to finance a strategy aimed at localising the automotive industry, according to Finance Minister Ahmed Kouchouk. The plan seeks to attract investment partnerships in car manufacturing and increase local component production to over 45% this year.…