Egypt Sends Official Invitations to World Leaders for Grand Opening of the Grand Egyptian Museum
Prime Minister Mostafa Madbouly announced that official invitations have been sent to kings, presidents, and heads of state to attend the inauguration of the Grand Egyptian Museum (GEM)—the largest cultural and archaeological project in Egypt's modern history.
Speaking at a press conference, the Prime Minister described the event as a major milestone for Egypt and a symbol of its global cultural influence.
Madbouly also addressed several pressing domestic issues:
He stated that the annual revenues of the Endowments Authority (Awqaf) have reached EGP 3 billion. He emphasized that there are no abrupt increases in electricity prices, noting that any adjustments are based on production costs, announced transparently, and aligned with the previously declared schedule. "We do not implement changes suddenly," he affirmed.
On the Old Rent Law, the Prime Minister confirmed that President Abdel Fattah El-Sisi has instructed the government to give due consideration to social concerns. Accordingly, residential units will have a longer transitional phase than commercial properties, and rent adjustments will be implemented gradually, taking into account regional and socioeconomic differences.
He clarified that his directive to survey the Endowments Authority's assets aims at maximizing returns, not selling off properties. 'Waqf funds are sacred and must be preserved as private, protected assets,' he said.
Regarding energy supplies, Dr. Madbouly noted that Egypt will receive four natural gas shipments this year to meet domestic needs. Although national gas production is expected to dip temporarily, output will begin increasing by September.
Addressing the recent fuel distribution issue, he attributed the disruption to a conflict between a private company and a refinery. The President has ordered legal action against those responsible.
He also reassured citizens that all meat imports are rigorously inspected and certified to meet Islamic halal standards. He noted that Egypt currently imports around 50% of its meat supply.
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