Egypt’s Prime Minister، Moustafa Madbouly witnesses on Thursday the signing of a protocol with Kuwaiti Fund For Arab Economic development، in the presence of Investment and cooperation Minister، Dr. Sahar Nasr، and The Kuwait Fund Director-General.
This comes on the sidelines of The Cabinet weekly meeting held today، Thursday to discuss a number of security، social and economic issues.
During the meeting، the cabinet will also discuss a number of topics، draft laws and ministerial decisions that aim to achieve economic and social stability، encourage investments and follow up the completion of national projects within the specified time plan.
Egyptian President Abdel-Fattah El-Sisi has appointed Mostafa Madbouly، as the country's new prime minister، two days after outgoing Prime Minister Sherif Ismail submitted his resignation and that of his cabinet.
Ismail submitted his resignation two days after President El-Sisi was officially sworn in as the head of state for a second term until 2022.
The move came in line with a political tradition that the cabinet should resign at the beginning of a new presidential term.