President Abdel Fattah El-Sisi issued Republican Decree No. 303 of 2025, granting the Ministry of Finance rights to approximately 41,515.55 feddans (equivalent to 174,399,900 square meters) of state-owned land in Ras Shukeir.
The Minister noted that Egypt’s economy is improving, highlighting that the private sector has demonstrated its capacity for growth, accounting for 60% of total investments over the past ten months.
The recognition highlights Kouchouk’s “visionary economic stewardship” and his role in implementing bold fiscal reforms that have driven financial stability and inclusive growth in Egypt.
The new program doubled the total budget to reach EGP 45 billion.
Egypt accelerates customs reforms to lower costs, speed up clearance, and attract investment, says Finance Minister Kouchouk.