Egypt Daily News – Prime Minister Dr. Mostafa Madbouly said that non-oil merchandise exports represent $40.8 billion in 2024, compared to $30 billion in 2023.
Madbouly: Drilling 105 new wells, including 95 oil wells and 10 gas wells, to increase production.
Prime Minister Dr. Mostafa Madbouly said that BP has confirmed that two wells will enter operation next month. The Prime Minister added, during his press conference after the end of the government meeting, that ExxonMobil announced an exploratory gas field in the Mediterranean, pointing out that this region is a promising area.
Madbouly announced the drilling of 105 new wells, including 95 oil wells and 10 gas wells, pointing out that these wells increase Egypt’s production of diesel gas.
He added during a press conference this evening, that the conditions and specifications for the initiative to support industrial sectors had been launched, noting that the file of localization of the automobile industry had been achieved through several steps with the aim of increasing exports in the coming period.
The production line of the Geely Auto Company had also been launched, and this confirms the state’s interest with this industry, Egypt will be at the forefront of automobile producing countries in the region.
Prime Minister: The state is working to reduce the customs clearance period to two days
Prime Minister Dr. Mostafa Madbouly said that President Abdel Fattah El-Sisi conveyed a number of important messages during his visit to the Military Academy, noting that the president spoke about building the Egyptian state, national projects, and all sectors of the state in which projects occurred.
During his press conference following the government meeting today, Madbouly pointed out that all governorates of Egypt have undertaken major projects, pointing out that from 2011 until now, the population of Egypt has increased by 27 million people, and Egypt is struggling to meet the needs of the population.
He stressed that the size of the projects happening in Egypt is very large, pointing out that the inflation rate decreased to 23.4% in December, pointing out that the inflation path is downward.
The Prime Minister resolves the controversy over the Egyptian baccalaureate system: “What people will accept, we will implement.”
Prime Minister Dr. Mostafa Madbouly spoke about the issue of developing the general secondary school curriculum and the issue of the baccalaureate system, stressing that this issue is presented to societal dialogue and that only he will lead the final vision for this matter.
He added during a press conference on Thursday evening, “The government is keen to develop the education system, and everyone complains about the high school system, and I as an official and a father, every year I hear news of a suicide due to a failure in high school, and a psychological and nervous breakdowns. All my concern is to develop the high school system so that we reduce “Psychological burden.”
He said, “There are objections to some of the existing articles. We will respect the final vision and accept it. We do not raise the issue and say this is what we will take the decision on. What people agree on, we will do. We want the issue to be in a good way, express modernization in education, and not cause a terrible psychological burden on people.” “Students, are our goal, and whatever there is consensus on, we will implement.”
The Prime Minister reveals the details of the first Egyptian action immediately after the official ceasefire in Gaza
Prime Minister Dr. Mostafa Madbouly confirmed that the agreement on a ceasefire in Gaza is new evidence of the success of Egyptian diplomacy. He added that President Abdel Fattah El-Sisi always emphasizes the constants of the Egyptian position, and we are all aware of the Egyptian role that took place during the last period.
He said, “As soon as the ceasefire is implemented, we will be ready to meet the needs of our people in the Gaza Strip for medicine, food, petroleum supplies, and all the needs of our brothers in Gaza. We hope that the ceasefire will turn into a permanent solution to this crisis.”
