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"Mohamed Maait"

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Business - Economy
1/2/2022 4:24:05 PM
Egypt’s finance minister said that 27,000 importers have since October registered with the National Single Window for Foreign Trade Facilitation “Nafeza”, a government online platform that covers 95 percent of imports and exports of the country.

Business - Economy
12/22/2021 4:29:05 PM
Egypt will submit the FY 2022/2023 draft budget for community dialogue for the first time in January 2022, Minister of Finance Mohamed Maait announced on Wednesday.

Business - Economy
12/19/2021 1:12:34 PM
Minister of Finance Mohamed Maait said on Sunday that 82 percent of state bodies and 69 percent of economic authorities in Egypt have submitted their budgets for current FY2021/2022 based on “programmes and performance based budgeting” (PPBB) concepts, which contribute to achieving the rational management of public money.

Egypt - Politics
12/14/2021 9:46:18 PM
Egypt's parliament approved Tuesday amendments to the added value tax (67/2016) to exempt a number of industrial and investment activities from the VAT tax.

Business - Economy
12/13/2021 6:13:42 PM
Egypt has achieved an economic boom over the past seven years that enabled the country to become more resilient in the face of domestic and global shocks, especially amid the ongoing COVID-19 crisis, Minister of Finance Mohamed Maait stated on Monday.

Business - Economy
12/12/2021 1:51:44 PM
Egypt is ready to join JP Morgan’s Emerging Markets Bond Index (EMBI) as of January 2022, Minister of Finance Mohamed Maait announced on Sunday.

Business - Markets & Companies
11/16/2021 12:30:53 PM
Egypt’s Universal Health Insurance System (UHIS) is a pioneering project and a model for the Middle East and North Africa (MENA) region to follow, said French Ambassador to Egypt Marc Baréty.

Business - Markets & Companies
11/15/2021 3:57:26 PM
Egypt's finance ministry will fast-track the resolution of tax disputes out of court in a way that contributes to creating a suitable environment for business and encourages investors to expand their activities in the Egyptian market, Finance Minister Mohamed Maait told Omani Ambassador to Egypt Abdullah Al-Rahbi.

Business - Economy
11/14/2021 5:23:55 PM
Egypt’s Minister of Finance Mohamed Maait told MPs in a plenary session on Sunday morning that the new Unified Finance Law represents a radical step towards upgrading the process of drafting the state’s annual budget.

Business - Economy
11/10/2021 2:58:56 PM
Egypt’s GDP is expected to post EGP 7.1 trillion in the current FY2021/2022, according to a statement given by Minister of Finance Mohamed Maait while addressing the National Press Authority on Tuesday.

Business - Economy
11/9/2021 2:57:29 PM
Egypt will have a “fresh economic face” by the end of FY2021/2022, where all ongoing projects to modernise and automate tax and customs systems will be completed and AI technologies will be integrated into government operations, Minister of Finance Mohamed Maait said on Tuesday.

Business - Economy
10/31/2021 4:44:54 PM
Qatar’s ambassador in Cairo said that his country considers Egypt a fertile ground for investment in light of the unprecedented progress and the positive improvements the country is going through in all fields; particularly in the investment climate.

Business - Economy
10/31/2021 4:35:14 PM
Egypt’s Ministry of Finance will create an electronic system in the country’s sea, land and air ports with the aim of facilitating the procedures of refunding the value added tax (VAT) to foreign visitors or tourists in Egypt.

Business - Markets & Companies
10/20/2021 6:36:10 PM
Egypt is planning on listing five or six state-affiliated companies on the stock exchange in the current fiscal year under the country's recently resumed initial public offering (IPO) programme, Finance Minister Mohamed Maait said.

Business - Economy
10/16/2021 7:33:11 PM
The government is continuously increasing the budget of the healthcare sector, said Minister of Finance Mohamed Maait on Saturday.

Business - 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.

Business - 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.

Business - 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.

Business - 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.

Business - 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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