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World
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International
10/15/2022 11:09:47 AM
Britain's new finance minister warned Saturday of tax hikes to come as he admitted to "mistakes" made by his short-lived predecessor in a disastrous budget.
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Business
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Economy
10/14/2022 3:57:30 PM
The pound plunged against the dollar Friday on the sacking of finance minister Kwasi Kwarteng in response to a budget that sparked markets chaos.
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Business
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Economy
10/14/2022 2:15:08 PM
UK finance minister Kwasi Kwarteng dashed home Friday from Washington for crisis talks with Prime Minister Liz Truss, with both their jobs on the line as their budget plans unravel.
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Business
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Economy
10/13/2022 2:11:18 PM
Egypt's Finance Minister Mohamed Maait said that negotiations between Egypt and the International Monetary Fund (IMF) over a new financing package are going well, noting that both sides agreed on all aspects related to the package.
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Business
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Economy
10/4/2022 8:38:58 PM
Minister of Finance Mohamed Maait called on insurers to contribute to speeding up the transition to a green economy and to invest in green bonds in order to make the insurance industry a part of the solution for the global climate crisis.
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Business
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Economy
9/21/2022 2:13:14 PM
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Business
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Economy
9/17/2022 3:35:14 PM
The tracking unit at the Egyptian Customs Authority (ECA) has disposed of 99 percent of abandoned and hazardous goods at ports since January 2020 to ensure health and safety.
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Business
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Markets & Companies
9/15/2022 4:42:49 PM
“We have received the cabinet's approval to release a new EGP 2 coin to save several coin denominations," Minister of Finance Mohamed Maait announced on Thursday.
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Business
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Economy
9/14/2022 2:33:28 PM
Egypt’s economy has tripled in size over the past six years despite the economic challenges, Minister of Finance Mohamed Maait told the Korean Ambassador in Egypt Hong Jin-wook on Wednesday during a meeting at the finance ministry headquarters in the presence of a delegation of Korean investors.
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Business
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Economy
9/4/2022 5:23:27 PM
Finance Minister Mohamed Maait issued on Sunday regulations governing customs duties that have been reduced on 150 types of imported production inputs in a bid to stimulate national industry and maintain employment rates.
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Al-Ahram Weekly
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Egypt
8/31/2022 9:54:00 AM
Finance Minister Mohamed Maait slams foreign reports which claim Egypt is facing a financial crisis, reports Al-Ahram Weekly.
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Business
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Economy
8/30/2022 4:48:09 PM
Egypt’s Finance Minister Mohamed Maait said that a package of exceptional measures has been approved to facilitate the release of imports and to ease burdens on investors and importers amid the ongoing international economic crisis.
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Business
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Economy
8/29/2022 10:31:13 PM
Egypt has pledged to the International Monetary Fund (IMF) to attain the overall budget deficit at six percent of GDP and to raise the initial surplus by 1.6 percent in FY 2022/2023, Minister of Finance Mohamed Maait said on Monday.
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Business
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Economy
8/28/2022 3:18:38 PM
Finance Minister Mohamed Maait asserted Egypt is interested in boosting cooperation with Britain in the field of minting through exchanging experiences and capitalising on special cadres in the two countries.
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Business
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Economy
8/24/2022 3:09:41 PM
Minister of Finance Mohamed Maait reviewed Wednesday the outcome of the meetings held between Head of the Egyptian Customs Authority (ECA) Al-Shahat Ghatouri and director of the Jordanian customs department.
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World
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Region
8/16/2022 3:17:22 PM
Iraq's finance minister resigned Tuesday, two government officials said, over the country's worst political crisis in years involving an influential Shiite cleric and his Iran-aligned rivals.
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Egypt
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Health
7/24/2022 5:03:24 PM
Minister of Finance Mohamed Maait stated on Sunday that the Universal Health Insurance System (UHIS) would be implemented in all Egyptian governorates within 10 years upon a presidential mandate to compress its 15-year planned timetable, a statement by the ministry said.
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World
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International
7/21/2022 6:46:25 PM
Liz Truss, the favourite to become Britain's next prime minister, on Thursday criticised rival Rishi Sunak over his tax policies while finance minister, as the pair kicked off six weeks of campaigning.
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War in Ukraine
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Economy
7/16/2022 3:20:26 PM
A two-day meeting of finance ministers from the Group of 20 major economies ended Saturday in Indonesia without a joint communique after Russia's war in Ukraine divided the global forum.
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Business
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Economy
7/12/2022 3:50:57 PM
Minister of Finance Mohamed Maait assured that the government has allocated EGP 1.1 billion in the new budget to establish utilities for 13 industrial complexes in several governorates with the aim of providing a stimulating infrastructure for the owners of small, medium, and micro enterprises (SMEs).
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