Matrouh News Today

Influence of Egyptian businessman, Ibrahim Al-Argany, is vastly growing with the support of sovereign agencies. His operations are surrounded by ambiguity about his network of relationships, his sources of funding...

Not even the most pessimistic people could ever have imagined that the Egyptian government would set a daily schedule for power cuts. This is now happening in a country whose...

Egypt’s budget initial surplus has jumped over 8.5 folds during the first nine months of the current fiscal year (FY) 2023/2024 to EGP 416 billion ($8.7 billion), compared to EGP 50 billion in the same period of FY2022/2023, Minister of Finance Mohamed Maait announced on Monday. Maait said that general state expenditures increased to EGP 2.3 trillion, an annual growth rate of 50.8%, during the past nine months, resulting from the significant rise in interest rates and increased spending on sup...

The Egyptian Cabinet approved several decisions during its meeting on Monday headed by Prime Minister Mostafa Madbouly, most major of which being the allocation of two land plots in the North Coast, Matrouh Governorate, for the benefit of the of Civil Aviation Ministry in establishing the Ras al-Hikma International Airport.

The National Research Institute of Astronomy and Geophysics (NRIAG) announced that Tuesday, April 9 will mark the final day of Ramadan, and Wednesday, April 10 will be the first day of Eid al-Fitr.

The Ministry of Irrigation and Water Resources joined forces with the Faculty of Engineering at Cairo University, and the people of Siwa Oasis to carry out the "Developing the Irrigation and Drainage System in Siwa Oasis" project at a cost of three billion LE, in an effort to put radical solutions to problems that have been going on for 30 years.

Planning and Economic Development Minister Hala al-Saeed, Environment Minister Yasmine Fouad, and Local Development Minister Hesham Amna signed an agreement Sunday with Chairman of the Board of Directors of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif to implement projects at a total cost worth EGP 565 million.

Egyptian President Abdel Fattah Al-Sisi thanked the UAE and its President, Sheikh Mohammed bin Zayed, for the vast Emirati investment deal as part of the Ras el-Hekma project. On Friday, Egypt signed an investment partnership agreement with the United Arab Emirates to develop the Ras al-Hikma peninsula west of Alexandria, with investments worth $150 billion. It includes pumping about $35 billion in direct foreign investment into the Egyptian treasury within two months.

Prime Minister Mostafa Madbouly said the development project of Ras al-Hikma city on the North Coast is the biggest foreign direct investment deal in Egypt's history.

World Food Programme (WFP) and the Korea International Cooperation Agency launch support for sustainable livelihoods for refugees and host communities in Egypt