Politics
Madbouly unveils development targets at closing of Egypt Forum 2026
October 24, 2026 at 04:57 PM · Updated 31m ago
Coverage
11 reports · over 7 hours
Madbouly presented Egypt's development record and future targets at the closing of Egypt Forum 2026, attended by President Sisi in the New Administrative Capital.
- The forum's closing ceremony convened on October 24 in the New Administrative Capital with President Abdel Fattah el-Sisi in attendance.
- Madbouly announced a national program to raise natural gas production to 6 billion cubic feet daily and crude output to 700,000 barrels per day by end of 2030.
- Madbouly said Egypt's inhabited area has doubled from 7% to 14% of total territory, with a national road network now spanning 31,000 km.
- Madbouly announced a national program to upgrade local roads across governorates at an estimated cost of 42 billion EGP, to be completed in three years.
- Sisi asked a group of Egyptian prodigies to remain beside him during his closing speech, playfully urging them not to leave the stage.
- Sisi thanked participants for six days of discussions and closed by telling Egyptians to 'take care of Egypt.'
- Sisi welcomed former Electricity Minister Mohamed Shaker to the stage, and Shaker praised his negotiating ability over electricity prices.
- Presidential spokesman Mohamed El-Shennawy said President Sisi disregards his personal popularity, choosing difficult reforms despite infrastructure crises and the Ethiopian dam issue.
- Madbouly thanked the organizing teams, took a commemorative photo, and said future editions would offer greater youth participation.
- Sisi said Egypt had approached the brink of collapse since 2011 but was preserved, framing his rule since 2014 as rebuilding the state's foundations.










