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"Mohamed Maait"

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Business - Economy
2/28/2024 11:03:33 PM
Minister of Finance Mohamed Maait emphasized that amid the various challenges faced by the global economy, there is a strong need for flexible financial policies.

Business - Economy
2/19/2024 1:43:12 PM
The Ministry of Finance will submit a Tax Policy Strategy for Egypt 2024/2030 document to the National Dialogue next week, Minister of Finance Mohamed Maait said in a statement on Monday.

Al-Ahram Weekly - Egypt
2/13/2024 9:51:58 PM
On Monday, the House of Representatives approved five bills earmarking LE180 billion to fund a new package of wage and pension hikes, tax breaks, and social protection programmes, reports Gamal Essam El-Din

Business - Economy
1/29/2024 4:25:59 PM
Egypt is poised to issue bonds denominated in the UAE dirham, aiming to tap into Gulf markets for the first time, Minister of Finance Mohamed Maait revealed on Monday.

Business - Economy
1/29/2024 3:18:12 PM
Egypt's zero-customs car import initiative is projected to generate $2 billion, based on the high demand witnessed in the first and second phases, Minister of Finance Mohamed Maait said on Monday.

Business - Economy
1/28/2024 1:39:31 PM
​Egypt is poised to issue bonds denominated in the local currency (Hong Kong dollar) on the Hong Kong Stock Exchange, Minister of Finance Mohamed Maait said on Saturday.

Egypt - Foreign Affairs
1/23/2024 2:31:23 PM
Egypt's Minister of Finance Mohamed Maait directed the Egyptian Customs Authority (ECA) to continue exceptional measures, providing all necessary customs facilitations and refraining from imposing any customs restrictions, to speed up humanitarian aid delivery to Gaza.

Business - Economy
1/23/2024 1:57:40 PM
Egypt's Minister of Finance Mohamed Maait has directed officials to strengthen customs facilities for trucks transporting essential humanitarian and relief aid to the Gaza Strip to ensure a seamless aid flow, according to an official statement on Tuesday.

Business - Economy
1/23/2024 10:17:27 AM
The Egyptian government has pledged to pay EGP 1.4 billion (more than $45 million) annually, covering the real estate tax for the industrial, poultry, and animal production sectors until the end of 2026, Minister of Finance Mohamed Maait said on Monday.

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
1/18/2024 2:17:16 PM
Egypt’s budget deficit recorded 4.95 percent of GDP during the first half (H1) of FY 2023/2024, July-December 2023, said Minister of Finance Mohamed Maait.

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
1/14/2024 4:34:52 PM
Egypt plans to issue bonds in currencies of the members of the New Development Bank (NDB), including green, blue, social, and sustainable bonds, Minister of Finance Mohamed Maait said on Sunday during a meeting with the bank’s Vice President Vladimir Kazbekov.

Business - Economy
1/13/2024 7:28:38 PM
The Egyptian government is preparing to introduce a social protection package that encompasses various improvements, including wage and pension adjustments and an increase in the tax exemption threshold, said Minister of Finance Mohamed Maait, according to a Cabinet statement on Saturday.

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.

Business - Economy
1/9/2024 9:24:28 PM
A high-level delegation from the Egyptian government has arrived in Washington DC to push forward Egypt's almost standstill loan programme with the International Monetary Fund (IMF), in addition to exploring a new additional loan for the country amid its ongoing serious economic situation.

Business - Economy
1/9/2024 1:34:19 PM
President Abdel-Fattah El-Sisi has instructed the government to increase spending on improving Egyptians’ quality of life in the upcoming fiscal year 2024/2025, which starts on 1 July, Minister of Finance Mohamed Maait stated on Tuesday.

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.

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