Cabinet meeting outcomes chaired by Dr. Madbouly
The Egyptian Cabinet, chaired by Dr. Mustafa Madbouly, approved an expanded executive plan for the State Ownership Policy Document for the period 2026–2030. The plan aims to regulate the ownership of assets and state-owned companies through a legal and institutional framework that aligns with national economic priorities. It includes 31 main programs and 100 executive measures to ensure transparency, governance, and achievement of set targets. Additionally, the Cabinet approved the establishment of a new investment zone for Qatar Diar Company, covering approximately 4,900 acres in Matrouh, to support residential, tourism, and commercial activities. The discussions also included the results of the State-Owned Enterprises Unit, which has transitioned from the establishment phase to actual implementation, with a focus on asset management improvement, restructuring, promoting offerings in the stock market, supporting digital transformation programs, and attracting investments. Furthermore, the Cabinet approved the reorganization of the Ministries of Investment, Foreign Trade, and Supply & Internal Trade to enhance the investment climate and boost competitiveness. It also endorsed supporting the development of a vaccine factory for VACSERA to increase production and meet local and regional market needs. The Council also defined the roles of the National Wages Council to improve salary levels, transferred the administration of Ras Hekma Hospital to strengthen healthcare services in Matrouh Governorate, and approved national projects within the development plan for industrial zones and infrastructure across Egypt.
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