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Egypt
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Politics
6/14/2021 5:26:59 PM
Egypt’s new 2021/22 budget targets revenues of EGP 2.365 trillion, while expenditures are estimated to reach EGP 2.837 trillion
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Egypt
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Politics
6/10/2021 2:33:44 PM
Per the decree by Finance Minister Mohamed Maait, the decision applies to all restaurants and shops with over EGP 500,000 in revenues annually
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Business
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Economy
6/7/2021 5:05:52 PM
Q4 results showed that the group’s revenue grew past $60 billion, exceeding the previous fiscal year by $10 billion
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Business
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Economy
5/5/2021 2:08:33 PM
Egypt targets increasing its public revenues by expanding its tax base and diversifying the sources of income
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Egypt
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Politics
5/4/2021 7:43:34 PM
The project includes the villages of Saqqara, Abu Sir and Dahshur, and offers training to the local community in an effort to help them tap into tourism revenues and protect their livelihoods.
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Business
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Economy
4/27/2021 6:03:39 PM
The strategy is expected to support Egypt's budget targeted primary surpluses and to create room for priority spending on health, education and social protection, according to Maait.
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Egypt
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Politics
4/27/2021 5:41:31 PM
Article 8 of the fund's law will be amended to exempt the fund's revenues, credit facilities, grants, and donations from all taxes and fees
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Business
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Economy
4/27/2021 2:00:00 PM
Russian tourists accounted for 75 percent of all tourists to Egypt in 2014, according to Goldman Sachs
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Business
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Economy
4/25/2021 7:56:43 PM
FY2021/22 budget revenues are estimated at EGP 1.3 trillion, while expenses are expected to post EGP 1.8 trillion, according to Maait
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Egypt
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Politics
4/25/2021 4:09:09 PM
Egypt expects to see around 60% of the number of visitors it had in 2019 this year
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Business
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Economy
4/8/2021 4:04:23 PM
Malpass said that green investments and zero-carbon projects will help developing countries, including Egypt, boost their economic growth through these investments revenues, and thus contribute in curbing elevating debt
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Business
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Economy
4/6/2021 8:33:37 PM
Maait unveiled that total tax revenues went up by 13.5 percent, at the end of the third quarter of FY2020/21, including the non-sovereign tax revenues that increased with EGP 43.1 billion (grew by 10.4 percent)
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Business
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Economy
4/2/2021 5:20:34 PM
According to the World Bank, Egypt needs to mobilise its revenues through tapping into its unused assets and reconsidering its taxes system
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Egypt
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Politics
4/1/2021 6:27:49 PM
Tourism revenues amounted for $600-$800 million during the first quarter of 2021
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Business
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Economy
3/25/2021 1:03:46 PM
Maait noted that such a robust public revenues performance assured the Egyptian economy success in recovering from the pandemic rapidly
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Al-Ahram Weekly
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Economy
2/16/2021 9:25:29 PM
A partial recovery is expected in the real-estate sector this year, helped by a substantial drop in interest rates
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World
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Region
2/11/2021 5:33:50 PM
'Banana cultivation will help Algeria gain employment and wealth,' a farmer said said at his banana farm west of the capital, Algiers. 'We are looking for investment support'.
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Business
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Economy
2/1/2021 5:07:35 PM
Egypt’s income tax revenues increased to exceed 250 percent between FY 2014/2015 and FY2019/2020, while value-added tax revenues jumped by 200 percent during the same period
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Business
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Economy
1/31/2021 11:26:13 PM
Revenues from tourism plunged to $801 million in July-September from $4.2 billion a year earlier, the central bank said
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Egypt
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Politics
1/16/2021 2:55:00 PM
The pandemic has thwarted efforts to decrease the budget deficit to a targeted 6.3 percent, the finance minister said
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