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" finance minister"

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Business - Economy
5/20/2024 2:41:42 PM
The global inflationary wave has raised Egypt's import bill by $4 billion per month due to the rise in global prices, increased shipping costs, and exchange rate fluctuations, Minister of Finance Mohamed Maait stated on Monday.

Al-Ahram Weekly - Economy
5/15/2024 10:34:00 AM
Finance Minister Mohamed Maait has been heavily criticised by MPs over Egypt’s growing debt crisis.

Business - Economy
4/18/2024 3:29:41 PM
Egypt is committed to reducing the debt-to-GDP ratio to below 80 percent by 2027 through a series of integrated measures, Minister of Finance Mohamed Maait stated.

Business - Economy
4/17/2024 12:30:02 PM
Egypt’s government plans to complete the privatization of the state-owned companies within a period of 3 to 5 years, Minister of Finance Mohamed Maait stated to Asharq News.

Business - Economy
4/13/2024 1:36:52 PM
Minister of Finance Mohamed Maait said Egypt released imported goods worth $ 8 billion between March and April 2024.

Business - Economy
4/9/2024 12:44:00 PM
The budget initial surplus has jumped over 8.5 folds during the first nine months of the current fiscal year (FY) 2023/2024 to EGP 416 billion (three percent of GDP), compared to EGP 50 billion (0.5 percent of GDP) in the same period of FY2022/2023, Minister of Finance Mohamed Maait announced on Monday.

Egypt - Society
4/4/2024 12:27:28 PM
Zero-customs car import initiative has brought in over $750 million, Minister of Finance Mohamed Maait stated on Thursday, nearly three weeks before the end of the scheme.

War on Gaza - War on Gaza
3/30/2024 12:12:26 PM
The US Treasury Department pushed back against claims it had eased sanctions against West Bank settlers after pressure from Israel's finance minister.

Business - Economy
3/19/2024 5:30:59 PM
Minister of Finance Mohamed Maait said the state is placing a stringent ceiling of EGP 1 trillion on public investments in the upcoming fiscal year 2024/25, while also capping public debt.

Business - Economy
3/13/2024 1:36:49 PM
The value of the commodities released over the past 10 days from ports amounted to $1.7 billion, Egypt’s Minister of Finance Mohamed Maait stated on Wednesday.

Business - Economy
3/12/2024 12:05:13 PM
All 27 EU countries have endorsed a second term for International Monetary Fund chief Kristalina Georgieva, Belgium's finance minister said on Tuesday.

Business - Economy
2/28/2024 11:03:33 PM
Minister of Finance Mohamed Maait emphasized that amid the various challenges faced by the global economy, there is a strong need for flexible financial policies.

Business - Economy
1/29/2024 4:25:59 PM
Egypt is poised to issue bonds denominated in the UAE dirham, aiming to tap into Gulf markets for the first time, Minister of Finance Mohamed Maait revealed on Monday.

Business - Economy
1/29/2024 3:18:12 PM
Egypt's zero-customs car import initiative is projected to generate $2 billion, based on the high demand witnessed in the first and second phases, Minister of Finance Mohamed Maait said on Monday.

Business - Economy
1/28/2024 1:39:31 PM
​Egypt is poised to issue bonds denominated in the local currency (Hong Kong dollar) on the Hong Kong Stock Exchange, Minister of Finance Mohamed Maait said on Saturday.

Egypt - Foreign Affairs
1/23/2024 2:31:23 PM
Egypt's Minister of Finance Mohamed Maait directed the Egyptian Customs Authority (ECA) to continue exceptional measures, providing all necessary customs facilitations and refraining from imposing any customs restrictions, to speed up humanitarian aid delivery to Gaza.

Business - Economy
1/19/2024 4:32:33 PM
Egypt’s Ministry of Finance Mohamed Maait stressed that the latest decision of global rating agency Moody's that fixed the country’s sovereign’s credit rating at Caa1 and revised its future outlook to negative “did not take into account the government’s current efforts.”

Business - Economy
1/14/2024 8:56:58 PM
Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far, Minister of Finance Mohamed Maait said on Sunday.

Business - Economy
1/11/2024 5:03:17 PM
Egypt's zero-customs car import initiative has seen an influx in demand in the first two months of its second phase. Registration applications increased over three-fold compared to the same period in the initial phase, Finance Minister Mohamed Maait stated on Thursday.

War on Gaza - War on Gaza
12/31/2023 6:43:04 PM
Far-right Israeli Finance Minister Bezalel Smotrich on Sunday called for the return of Israeli settlers to the Gaza Strip after Israel's brutal war on the territory and said its Palestinian population should be encouraged to emigrate.

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