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Business
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Economy
10/7/2023 7:48:41 PM
Egyptian Minister of Finance Mohamed Maait said Moody's latest decision to revise the future outlook for the country’s economy from negative to stable reflects the government's efforts to accelerate structural reforms that encourage investment and empower the private sector.
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Business
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Economy
9/23/2023 5:57:44 PM
Egypt will host the 8th annual meetings of the Asian Infrastructure Investment Bank (AIIB) in Sharm El-Sheikh on 25 September, according to the Egyptian Minister of Finance, Mohamed Maait.
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Al-Ahram Weekly
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Egypt
9/19/2023 11:48:34 PM
Egypt has high hopes of the Annual Meetings of the Asian Infrastructure Investment Bank in Sharm El-Sheikh next week, Minister of Finance Mohamed Maait explains to Doaa Abdel-Moneim
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Business
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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.
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Business
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Economy
9/14/2023 3:27:53 PM
The anticipated cost to extend health insurance coverage to all Egyptians under the Universal Healthcare Insurance System (UHIS) surpasses EGP 360 billion, with the average cost per person amounting to EGP 3,000, Minister of Finance Mohamed Maait stated on Thursday.
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Business
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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.
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Business
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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.
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Business
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Economy
9/7/2023 5:37:26 PM
The Egyptian government seeks to collect $1.5 billion in external financing before the end of 2023, Minister of Finance Mohamed Maait stated on Thursday.
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Business
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Economy
8/20/2023 2:09:59 PM
The Egyptian government has increased allocations to special funds and accounts in governorates, except for Cairo, by 32 percent for the fiscal year 2023/2024, in order to make payroll for state employees, Minister of Finance Mohamed Maait said Sunday.
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Business
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Economy
8/15/2023 3:31:40 PM
The Egyptian government is set to disburse EGP 4 billion ($129.4 million) to support 744 export companies on Wednesday and Thursday, Minister of Finance Mohamed Maait said in a statement on Tuesday.
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Business
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Economy
8/10/2023 4:01:25 PM
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent, Minister of Finance Mohamed Maait stated, according to a Cabinet statement on Thursday.
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Business
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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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Business
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Economy
7/26/2023 4:29:25 PM
Egypt has released $131 billion worth of imported goods through different customs ports and outlets over 21 months until the end of June, said the Minister of Finance Mohamed Maait on Wednesday.
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Al-Ahram Weekly
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Egypt
7/21/2023 12:29:00 PM
No new taxes are planned on crisps and other snacks in Egypt, one of the economy’s major success stories.
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Business
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Economy
7/14/2023 5:43:00 PM
Egypt's Minister of Finance Mohamed Maait said the initial outcomes of the financial performance and the final account statement for the budget of the Fiscal Year 2022-2023 (which ended in June) indicated that most of the government's financial targets had been achieved.
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Business
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Economy
7/12/2023 9:20:32 PM
The Public-Private Partnerships (PPP) Committee has approved partnerships between four state-owned development projects and the private sector, Minister of Finance Mohamed Maait announced in a statement on Wednesday.
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Business
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Economy
7/11/2023 6:38:29 PM
Egypt targets securing $3 billion in financing through the end of 2023 from several external markets to bridge its financing gap, according to the Minister of Finance Mohamed Maait.
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Business
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Economy
7/2/2023 9:41:45 PM
Egypt released goods worth around $32 billion in the past five months, with priority given to food manufacturing components and production supplies, the Ministry of Finance announced.
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Business
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Economy
7/2/2023 7:30:44 PM
More than 65,000 tax disputes, spanning seven years, have been settled away from court, said Finance Minister Mohamed Maait.
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Business
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Economy
6/17/2023 5:18:41 PM
Egypt's primary budget surplus was 1.2 percent of GDP during the first 11 months of the current fiscal year (FY2022/23), which ends 31 June, Egypt’s Minister of Finance Mohamed Maait said on Friday.
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