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Business
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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.
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Business
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Economy
10/7/2021 3:07:25 PM
Egypt has begun taking steps to obtain financial facilities to issue sukuk (Islamic sovereign bonds) and green bonds to the tune of $2 billion, the Ministry of Finance announced on Thursday.
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Business
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Economy
10/6/2021 6:27:26 PM
The World Bank, French Development Agency (AFD), Japan International Cooperation Agency (JICA), and World Health Organisation (WHO) are set to provide Egypt with a facility worth $1 billion to finance the country’s universal health insurance system, Minister of Finance Mohamed Maait announced on Wednesday.
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Economy
10/4/2021 9:57:12 PM
Egypt’s Minister of Finance Mohamed Maait announced on Monday a package of incentives to foster the industry and manufacturing sectors in the domestic market.
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Business
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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.
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Business
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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.
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Business
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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
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Business
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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
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Business
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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
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Business
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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
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Business
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Economy
9/5/2021 5:39:12 PM
Planning Minister Hala El-Said noted that this approval reflects the IsDB’s positive outlook on Egypt’s position and the member countries’ trust in Egypt’s capabilities
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Business
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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
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Business
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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
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Business
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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
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Business
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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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Business
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Economy
7/29/2021 10:18:18 AM
The initiative allows export companies to obtain their arrears from the Development Fund as instant cash repayments
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Business
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Economy
7/25/2021 9:36:07 PM
Sisi’s directives came during his meeting with Prime Minister Mostafa Madbouli, Finance Minister Mohamed Maait, Deputy Finance Minister for Fiscal Policies Ahmed Kouchouk, and others
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Business
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Economy
7/11/2021 11:35:45 AM
Maait noted that the arrears of the third stage are expected to be disbursed by end of September through end of October with an acceleration discount of 15 percent.
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Business
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Economy
7/1/2021 2:16:55 PM
Minister of Finance Mohamed Maait made his comments on the occasion of the 30th of June Revolution celebration, showcasing the milestones Egypt has attained since FY2013/14
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Business
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Economy
6/30/2021 12:39:07 PM
Finance Minster Mohamed Maait said that the action comes in implementation of President Abdel-Fattah El-Sisi’s decision to back exporting companies amid the ongoing COVID-19 crisis
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