24 Hrs
Source:
المصري اليوم
Government approves 10 new supply and wage policies
The Egyptian Cabinet has approved a package of economic and developmental decisions, most notably the adoption of the implementation plan for the State Ownership Policy Document for 2026-2030, which aims to improve the management of assets and state-owned companies in accordance with laws governing ownership, governance, and transparency. Additionally, a new investment zone has been announced in Marsa Matruh for Qatari Diar, along with efforts to enhance the performance of the State-Owned Enterprises Unit to boost economic returns. The ministries of Supply and Investment have been reorganized to increase market efficiency and strengthen the investment climate. Furthermore, a technical support grant of 750,000 euros has been provided for the development of a Vaxira vaccine manufacturing plant. An agreement was also reached on establishing rules for minimum wages and regulating the movement of traded goods and services within the Egyptian market.
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