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بوابة أخبار اليوم
Nine government decisions include Madinty investment zone and remote work
The Cabinet has approved a number of economic and developmental decisions aimed at boosting investment and achieving development in Egypt. Among these decisions is the establishment of a new investment zone within the "New City" project in New Cairo, covering an area of 506 feddans, with investments reaching 1.4 trillion Egyptian pounds, providing about 55,000 job opportunities. Additionally, approval was given to initiate procedures for a logistics project at the Alexandria Port to enhance Egypt's regional transportation and logistics hub. Furthermore, the government continued the remote work system on Sundays throughout August 2026, and facilitated the admission of students from North Sinai by decreasing the acceptance rate by 1%. The government also approved funding from the European Bank to develop the electricity network, launched an international exhibition of Egyptian antiquities in the United States, and approved new wind energy projects with a capacity of 407 megawatts. Additionally, approval was given for the maintenance of ambulance vehicles and the formation of a high council for social consultation to support informal workers.
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