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World - International
11/24/2021 12:35:43 PM
Sweden's parliament on Wednesday approved Magdalena Andersson as the country's first female prime minister, tapping the finance minister who recently became the new leader of the Social Democratic party.

Business - Markets & Companies
11/15/2021 3:57:26 PM
Egypt's finance ministry will fast-track the resolution of tax disputes out of court in a way that contributes to creating a suitable environment for business and encourages investors to expand their activities in the Egyptian market, Finance Minister Mohamed Maait told Omani Ambassador to Egypt Abdullah Al-Rahbi.

Business - Economy
11/14/2021 5:23:55 PM
Egypt’s Minister of Finance Mohamed Maait told MPs in a plenary session on Sunday morning that the new Unified Finance Law represents a radical step towards upgrading the process of drafting the state’s annual budget.

Business - Economy
11/10/2021 2:58:56 PM
Egypt’s GDP is expected to post EGP 7.1 trillion in the current FY2021/2022, according to a statement given by Minister of Finance Mohamed Maait while addressing the National Press Authority on Tuesday.

Business - Economy
11/9/2021 2:57:29 PM
Egypt will have a “fresh economic face” by the end of FY2021/2022, where all ongoing projects to modernise and automate tax and customs systems will be completed and AI technologies will be integrated into government operations, Minister of Finance Mohamed Maait said on Tuesday.

Business - Economy
10/31/2021 4:44:54 PM
Qatar’s ambassador in Cairo said that his country considers Egypt a fertile ground for investment in light of the unprecedented progress and the positive improvements the country is going through in all fields; particularly in the investment climate.

Business - Markets & Companies
10/20/2021 6:36:10 PM
Egypt is planning on listing five or six state-affiliated companies on the stock exchange in the current fiscal year under the country's recently resumed initial public offering (IPO) programme, Finance Minister Mohamed Maait said.

Business - Economy
10/16/2021 7:33:11 PM
The government is continuously increasing the budget of the healthcare sector, said Minister of Finance Mohamed Maait on Saturday.

World - International
10/15/2021 6:03:53 PM
German Finance Minister Olaf Scholz on Friday took a step toward succeeding Angela Merkel as chancellor, as his Social Democrats, the Greens and liberal FDP announced a preliminary deal to form a new government.

Business - Markets & Companies
10/10/2021 4:14:17 PM
The recent global tax deal will benefit the global economy by generating $150 billion in tax revenues per year and stabilising the global tax system, Egypt’s Finance Minister Mohemed Maait said on Sunday.

Business - Economy
10/1/2021 6:46:12 PM
Finance Minister Mohamed Maait said on Friday that the government of Egypt paid out EGP 800 million to 302 companies under the third stage of immediate cash initiative.

Business - Economy
9/29/2021 4:00:01 PM
Egypt’s health sector allocations have increased by EGP 17.1 billion in the current FY2021/22 to reach EGP 275.6 billion, said Minister of Finance Mohamed Maait, who revealed the eighth edition of the citizen’s budget report on Wednesday.

Business - Economy
9/20/2021 1:28:34 PM
Egypt's treasury shouldered EGP 39.3 million in FY 2020/21 in the form of subscription fees for the people who were unable to afford them, Maait said

Business - Economy
9/14/2021 2:45:53 PM
Finance Minister Mohamed Maait also said that Egypt is set to provide more stimulus packages to the private sector for the sake of maximising its role in the development process the country is witnessing

Business - Economy
9/12/2021 3:57:27 PM
Maait said that the initiative is a model of the developmental partnership with the private sector, which aims to catalyse domestic vehicle manufacturing

Business - Markets & Companies
9/6/2021 7:23:10 PM
The manual is meant to clarify the procedures of imposing taxes on trading securities to facilitate the process for taxpayers and traders and to promote transparency, said Maait

Business - Economy
8/30/2021 3:06:39 PM
'The state is stepping up its efforts to merge the informal and formal economies for the sake of achieving tax justice and leveling the playing field among taxpayers in the local market,' Minister of Finance Mohamed Maait said

Business - Economy
8/26/2021 3:25:00 PM
Maait emphasised the willingness of Egypt’s leadership to create an enabling environment for domestic and foreign investments and to facilitate the work of the business community

Business - Economy
8/24/2021 12:14:52 PM
Finance Minister Maait explained that the offer’s proceeds will provide the required finances for the investment projects included in the economic and social development plan of the state’s public budget for FY2021/22

Business - Economy
8/11/2021 4:31:24 PM
2200 companies have registered 18,000 successful custom transactions on the system since its pilot launch in April, according to Maait

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