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Business
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Economy
1/12/2022 5:03:07 PM
Egypt’s Ministry of Finance will open submissions for the second round of the fourth phase of the initiative to repay exporters’ arrears from 30 January to 10 February, Minister of Finance Mohamed Maait said on Wednesday.
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Business
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Economy
1/6/2022 2:12:40 PM
Meeza cards will replace the payroll cards of 4.3 million state employees by the end of January, Minister of Finance Mohamed Maait said on Thursday.
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Business
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Economy
1/5/2022 3:03:43 PM
Egypt targets a 5.7 percent GDP growth in FY 2022/23, which runs from 1 July, to record six percent in FY 2024/25, Minister of Finance Mohamed Maait said on Wednesday.
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Business
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Economy
1/3/2022 2:01:42 PM
Egypt’s government is working on creating an attractive environment for local and foreign investors for a deeper partnership with the private sector, Minister of Finance Mohamed Maait told Saudi Ambassador to Egypt Osama Al-Nugali.
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Business
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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.
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Business
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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.
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Business
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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.
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Egypt
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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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.
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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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