Wednesday 10/December/2025 – 07:03 PM
Dr. Mostafa Madbouly, Prime Minister, said: Egypt’s cash reserves It rose to a level exceeding $50 billion, thanks to foreign direct investments, not hot money.
The Prime Minister continued, in statements during a press conference at the Council of Ministers headquarters, that President Abdel Fattah El-Sisi directed the establishment of incentives for all production projects in Egypt. To promote economic growth, not specific sectors.
The Prime Minister indicated that he held a meeting with an International Monetary Fund delegation to review the Egyptian economy, and the results were reassuring.
The Prime Minister confirmed that he opened several factories in Egypt this week, which confirms the confidence of foreign companies operating in the Egyptian market.
