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Egypt protects health and education from FY2026/2027 austerity measures
via Egypt Today3 min read
Egypt's Minister of Planning and Economic Development, Ahmed Rostom, announced that the health and education sectors are exempt from the government's austerity measures for the fiscal year 2026/2027. This decision aims to ensure the continuous provision of essential services. Rostom, speaking during a Senate plenary session, clarified that the austerity plan does not suspend investment allocations but rather postpones certain energy-intensive projects to secure energy supplies amidst global pressures. He emphasized the government's commitment to transparency and cooperation with the Senate to improve the public investment plan and direct resources towards development priorities. The minister also highlighted the plan's focus on attracting private sector investment, describing it as a key development partner, and noted increased investment allocations for projects in free zones and investment zones to support economic growth and job creation.
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This summary was AI-generated from a story originally published by Egypt Today.
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The Giza Zoo is expected to officially reopen in the last quarter of 2026, following a comprehensive development and modernization project. The renovation aimed to transform the zoo into a world-class entertainment and environmental center, while preserving its historical and archaeological value. Renamed "Genenet el-Hayawanat," the zoo has moved away from traditional cages, adopting open environments that mimic animals' natural habitats. These upgrades adhere to international standards set by the World Association of Zoos and Aquariums WAZA, ensuring a healthy environment for wildlife and an interactive visitor experience. The project also established educational and research facilities to promote environmental awareness. The reopening is anticipated to re-establish the zoo's position as a leading tourist and cultural destination in the Arab region and Africa.
Egypt's Prime Minister, Dr. Mostafa Madbouly, inaugurated a new production line for the Nissan Magnite car on Monday, June 8, 2026. This event was part of a larger tour in 6th of October City, where the Prime Minister is inspecting and inaugurating several industrial projects across various sectors. Accompanying him were Dr. Khaled Abdel Ghaffar, Minister of Health and Population; Dr. Mohamed Farid, Minister of Investment and Foreign Trade; Eng. Khaled Hashem, Minister of Industry; Dr. Ahmed Al-Ansari, Governor of Giza; Dr. Ali Al-Ghamrawi, Head of the Egyptian Drug Authority; and other officials. Dr. Madbouly stated that this tour highlights the Egyptian state's commitment, under President Abdel Fattah El-Sisi, to developing the industrial sector, supporting its expansion, and attracting investment. He emphasized that these efforts aim to foster economic growth, create jobs, boost national exports, and reduce the import bill. The Prime Minister is also scheduled to inaugurate new production lines at two other global factories and inspect two additional factories in 6th of October City.