Egypt establishes new ministerial economic and entrepreneurship groups

Prime Minister Mostafa Madbouly has announced the formation of two new ministerial groups in Egypt: an economic group and an entrepreneurship group. The ministerial economic group will be chaired by the prime minister himself and includes the deputy prime minister for economic affairs, the governor of the Central Bank of Egypt, and several key ministers, such as the minister of finance, who will also serve as rapporteur and official spokesperson. This group will convene weekly and as needed, with the option to invite other officials and experts. The ministerial group for entrepreneurship will be led by the deputy prime minister for economic affairs and comprises ministers from various sectors including finance, foreign affairs, communications and information technology, and higher education. It also includes the chairperson of the financial regulatory authority, the deputy governor of the Central Bank of Egypt, and the CEO of the Micro, Small and Medium Enterprises Development Agency. This entrepreneurship group will meet at least bi-weekly, or more frequently if required by its chair, and the prime minister will chair its meetings when in attendance.