Learn about 12 Cabinet decisions… today
At its meeting today, headed by Dr. Mostafa Madbouly, the Council of Ministers approved several decisions:
1. The Council of Ministers approved the issuance of non-circulating commemorative coins on the occasion of the celebration of the opening of the Grand Egyptian Museum, made of raw gold and silver, in denominations of: one pound, five pounds, ten pounds, twenty-five pounds, fifty pounds, and one hundred pounds, in light of the approaching opening ceremony scheduled for the first of next November.
2. The Council of Ministers approved concluding a contract between the General Authority for Land and Dry Ports; And Al-Mansour Automotive Group, to benefit from a plot of land on an area of 30 acres allocated to the authority, in the 6th of October City district in Giza Governorate, for a period of 50 years, in accordance with Republican Decree No. 402 of 2025, with the aim of establishing a car assembly plant.
This comes within the framework of the state’s policy supporting the localization of the automobile industry and encouraging qualitative industrial investment, by attracting investors with technical expertise. Advanced in the field of electric cars, as the establishment of this factory contributes to the transfer of advanced technology to Egypt, which enhances the country’s ability to produce electric cars locally and export them to regional markets, and increases the competitiveness of the Egyptian product in the field of automobile manufacturing, and brings in reliable international brands in this field. The group will build the factory within 12 months in cooperation with the implementing companies, and the project will attract at its beginning large investments amounting to about 135 million euros.
3. The Council of Ministers approved the decision of the Board of Directors of the Social Housing and Real Estate Finance Support Fund, No. 4/33/2025, dated September 28, 2025.
The decision stipulates that the Fund will bear the increase in the cost of constructing the housing units to be implemented for middle-income people with an area of 120 square meters in the city of Hurghada in the Red Sea Governorate, and the city of Gamasa in Dakahlia Governorate, and for low-income people with an area of 90 square meters and 75 square meters. In the city of Hurghada in the Red Sea Governorate, the city of Gamasa in the Dakahlia Governorate, the city of Minya in the Minya Governorate, the cities of Dakhla and Kharga in the New Valley Governorate, the city of Damietta in the Damietta Governorate, the city of Marsa Matrouh in the Matrouh Governorate, the Dalingat Center in the Beheira Governorate, as well as in the Qebli Muhammad Mahran area in the Port Said Governorate, for the sale price that was offered to citizens in the previous announcement; The announcement is intended to be presented to citizens in accordance with the approval of the Council of Ministers at its 51st session on July 23, 2025.
4. The Council of Ministers agreed to continue granting real estate financing to clients applying within the announcements of the presidential initiative “Housing for All Egyptians.” “1 – 2 – 3” Under the same conditions announced, in order to ensure providing the necessary facilities to low- and middle-income people to obtain suitable housing.
This includes the continuation of the interest rate of 3% – 8% decreasing annually for low- and middle-income people for a period of 30 years, in accordance with the two initiatives of the Central Bank, in light of the amendments to the initiatives of the Central Bank to all financing that will be granted as of October 15. 2025.
5. The Council of Ministers approved a proposal to amend the specifications of the initiative to support the tourism sector to encourage this sector to expand investment in building hotel rooms.
The amendment stipulates extending the period for receiving applications accompanied by initial approvals from banks for financing. Registration in the Central Bank system for an additional period of 6 months starting after the end of the current period on October 20, 2025, as well as extending the loan withdrawal period that ends on June 30, 2025, while continuing to grant a period of 6 months after the end of the withdrawal to obtain the operating license, with a maximum of December 31, 2027.
This comes in light of the continued desire of many companies to join this initiative, and the receipt of more new applications accompanied by With initial approvals from banks to finance its projects, which reflects a real desire among investors to benefit from the incentives offered by the initiative to complete its projects, which include building and operating new hotel rooms, including expansions in existing projects, in a way that achieves expansion in increasing hotel capacity in Egypt.
6. Approval of issuing a decision from the Prime Minister authorizing the establishment of a specialized dry port in Damietta Furniture City – Damietta Governorate, for the benefit of the Damietta City Furniture Company.
The establishment of a dry port comes to facilitate the process of exports and imports of the furniture industry and its supplies, in support of this important industry, and to increase national exports from it, within the framework of the directives of His Excellency the President of the Republic to make Egypt A regional center for transportation, logistics, and transit trade, a gateway to global trade, and increasing trade exchange by maximizing transit traffic through the channels, logistical corridors, and land and dry ports planned by the Ministry of Transport.
7. The Council of Ministers approved a draft decision of the President of the Republic regarding the exchange of letters regarding a grant to support the project “Developing green (environmentally friendly) car maintenance technology for vocational training centers in Egypt,” between the governments of the Arab Republic of Egypt and the Republic of Korea.
The project is for the benefit of the Efficiency, Production and Vocational Training Department of the Ministry of Industry, and the governorates of Cairo, Giza, and Gharbia benefit from it. and Alexandria, over a period of 7 years, and aims to develop a comprehensive plan for vocational training centers for automobile maintenance, seeking to develop an effective and sustainable training system that enhances the quality of vocational training and meets the requirements of the labor market, in addition to designing and developing new innovative, competency-based training curricula and materials for these centers; In line with the needs of modern industry, as well as capacity building for managers and trainers in automobile maintenance training centers through intensive training programs to enhance their abilities to effectively present new, coordinated curricula to the industry, in addition to providing modern equipment and training facilities for those centers, which contributes to providing a practical and advanced training environment that allows trainees to practice skills in line with the latest practices. Industrial, which enhances the effectiveness and quality of training, in addition to establishing a cooperation system between vocational training centers for automobile maintenance and relevant industrial partners, to ensure that training programs are aligned with the evolving needs of the industry in the long term.
8. The Council of Ministers approved a draft decision of the President of the Republic regarding the exchange of letters regarding the implementation of the “First Phase of the Fourth Line of the Greater Cairo Metro” project. Between the governments of the Arab Republic of Egypt and Japan.
The first phase of the fourth line extends from the “Tree Gardens Station” Until “Fustat Station”, with a length of 19 km, with 17 stations, including 16 tunnel stations and a surface station, and the fourth line will be connected to both the first line to “Al-Malik Al-Saleh Station”, and the second line to “Giza Station”.
This stage achieves a development goal of providing a means of transportation for citizens in areas with The high population density in the areas of (Al-Haram, Faisal, Al-Omraniya, and Giza), in accordance with the latest international standards. To achieve the highest levels of safety, by connecting 6th of October City and the Grand Egyptian Museum to the Pyramid to the metro network. (It will be connected to the first line at Al-Malik Al-Saleh station, and it will be connected to the second line at Giza station).
9. The Council of Ministers approved requests submitted by some parties for contracts in accordance with the provisions of Article 78 of the Law Regulating Contracts Concluded by Public Entities of the State promulgated by Law No. 182 of 2018.
This included approval of the Ministry of Culture’s request regarding a contract with the Academy of Arts to carry out periodic maintenance work and operate and support the e-learning department developed and activated for the benefit of the Academy, in order to ensure the continued functioning of the environment. Its digital education system will achieve its strategic objectives in supporting digital transformation, providing flexible, safe and effective educational services and ensuring its readiness around the clock.
This also included approval of the Ministry of Education and Technical Education’s request to contract to manage and operate the Advanced Technical School for Nuclear Energy and Applied Technology affiliated with the Dabaa Educational Administration, for the period from February 1, 2026 until August 31, 2026, in addition to managing and operating a number (23) Schools for outstanding students in science and technology (STEM), for the period from February 1, 2026 until August 31, 2027, ensuring optimal management of those schools that offer non-traditional patterns of education that attract many students.
10. The Council of Ministers approved the provision of some commercial registry services through the offices of the Egyptian Post Authority, by starting to provide 4 services as a first stage, as well as relying on printing the paper outputs of the commercial registry on secured documents, whether when printed in the offices of the Egyptian Post Authority, commercial registry offices, or any other new outlets, as this is important in providing a level of protection for those documents. Task.
11. The Council of Ministers reviewed the proposal of the Central Agency for Organization and Administration, to allocate an evening session, to take the tests scheduled for applicants for public jobs, for those who want to do so, within the framework of the agency’s keenness to develop the system of central competitions, and to facilitate applicants for public jobs, in light of the delay of some applicants for the dates specified for taking the tests scheduled for them, especially those coming from Distant provinces.
12. The Council of Ministers approved the signing of the two current power purchase agreements to implement the two projects signed between the Egyptian Electricity Transmission Company and the alliance (Abu Dhabi Future Energy Company “Masdar” and Infinity Power Holding BV – Hassan Allam Utilities BV), to produce electricity from solar energy with a total capacity of 1,200 megawatts; In addition to storage batteries with a total capacity of 720 megawatt-hours, at the Benban and Al-Wahat sites.
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