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" finance minister"

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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.

Business - Economy
12/31/2023 2:07:47 PM
The Egyptian government is set to continue improving wage levels in 2024 to alleviate the financial burdens faced by citizens since the wake of the COVID-19 pandemic and amid subsequent geopolitical tensions, Minister of Finance Mohamed Maait said on Sunday.

Business - Economy
12/26/2023 2:17:29 PM
Egypt's private sector is poised to drive economic recovery and foster growth in the country throughout 2024, said Minister of Finance Mohamed Maait, according to an official statement on Tuesday.

Business - Economy
12/20/2023 1:59:04 PM
Egypt has initiated negotiations with India to explore the possibility of issuing rupee-denominated bonds in the Indian markets, Minister of Finance Mohamed Maait said during a press conference on Wednesday.

Business - Economy
12/17/2023 6:12:08 PM
Egypt bears an annual burden of over EGP 13 billion due to interest rate differences in loans provided domestically at discounted interest rates for production sectors, covering agricultural, industrial, and tourism activities, Minister of Finance Mohamed Maait said on Sunday.

Business - Economy
11/20/2023 5:06:11 PM
The value of services provided through the electronic payment and collection system has reached EGP 7.8 trillion since its launch in 2019, Egypt’s Minister of Finance Mohamed Maait said in a statement on Monday.

Egypt - Foreign Affairs
11/14/2023 5:27:03 PM
Egypt’s Minister of Foreign Affairs Sameh Shoukry slammed remarks made by Israeli Finance Minister Bezalel Smotrich calling for the “voluntary” displacement of Palestinians from Gaza, saying Israel’s actions in the strip are a war crime.

Business - Economy
11/14/2023 4:56:14 PM
Egypt is considering a presence in the Indian stock markets, said Minister of Finance Mohamed Maait during a meeting with India’s Ambassador to Cairo Ajit Gupte on Tuesday.

Business - Economy
11/4/2023 4:24:45 PM
Minister of Finance Mohamed Maait said that Fitch's latest move lowering Egypt’s credit rating reflects the country’s struggle against extreme external pressures resulting from complex global challenges including geopolitical tensions, according to a statement on Saturday.

World - Region
10/18/2023 1:32:39 AM
Tunisian President Kais Saied sacked the economy minister on Tuesday and appointed the finance minister to the role on an interim basis, the presidency announced without giving any explanation.

Business - Economy
9/17/2023 3:43:18 PM
The new social support measures announced by Egyptian President Abdel-Fattah El-Sisi will cost an estimated EGP 60 billion ($1.94 billion) annually, according to Minister of Finance Mohamed Maait.

World - Region
9/14/2023 11:31:53 AM
With attention focused on its contentious judicial overhaul, Prime Minister Benjamin Netanyahu’s government has quietly taken unprecedented steps toward cementing Israel’s control over the occupied West Bank — perhaps permanently.

Business - Economy
9/13/2023 3:03:17 PM
Egypt's Ministry of Finance announced the extension of the registration deadline for the Eighth Annual Meetings of the Asian Infrastructure Investment Bank (AIIB) to 15 September.

Business - Economy
9/11/2023 2:14:02 PM
Egypt's President Abdel-Fattah El-Sisi is scheduled to attend the inauguration of the Asian Infrastructure Investment Bank (AIIB) meetings, held on 25-26 September, in the Red Sea resort of Sharm El-Sheikh, Finance Minister Mohamed Maait stated on Monday.

Business - Economy
9/9/2023 10:18:06 PM
Egypt has paid $52 billion of its foreign liabilities within the past two fiscal years (2021-22 and 2022-23), Finance Minister Mohamed Maait said on Saturday.

World - War in Ukraine
8/14/2023 5:56:50 PM
German Finance Minister Christian Lindner said Monday his country stood "shoulder to shoulder" with Ukraine, as he visited Kyiv for the first time since the start of the war.

Business - Economy
7/31/2023 5:53:39 PM
Egypt's government debt-to-GDP ratio is expected to reach 97 percent at the end of June 2023, according to Minister of Finance Mohamed Maait.

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