Sisi approves nine new laws

President Abdel Fattah El-Sisi approved the budget for the National Postal Authority for the fiscal year 2026/2027, which began on July 1, 2026. The authority's budget is estimated at 106.339 billion Egyptian pounds, with expected revenues of 53.616 billion pounds and a net profit of 500 million pounds. Capital expenditures amount to 52.7228 billion pounds, with a commitment that no funds will be spent on projects except in accordance with the regulations of the National Investment Bank, and that overdraft facilities from the Central Bank are only permitted with the approval of the Prime Minister.

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