Egyptian Finance Minister Mohamed Maait
Finance Ministry refutes rumors on US dollar rate reaching LE40
Business
December 10, 2022
Finance Ministry refutes rumors on US dollar rate reaching LE40
During a phone-in with Sada al-Balad channel on Thursday, Maait touched on rumors on social media regarding the rise in…
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
Business
October 12, 2022
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector…
Egypt, IMF imminent to agree on new loan
Business
July 28, 2022
Egypt, IMF imminent to agree on new loan
An agreement with the International Monetary Fund (IMF) on a new cooperation program is imminent, and that the Egyptian government…
COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister
Economy
June 18, 2022
COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister
Egyptian Finance Minister Mohamed Maait said on Saturday that the coronavirus pandemic has made the pharmaceutical industry in Africa a…
Egypt prepares to list 10 companies in IPO program
Business
June 5, 2022
Egypt prepares to list 10 companies in IPO program
Egypt is preparing to list 10 companies within the government’s IPO program in the stock market during the first half…
Egypt government prepares to offer an incentive package for ‘green industries’
Egypt
May 21, 2022
Egypt government prepares to offer an incentive package for ‘green industries’
Egyptian Finance Minister Mohamed Maait announced on Friday that the government is preparing for a package of incentives for new…
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egypt
March 26, 2022
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egyptian Finance Minister Mohamed Maait assured that the state’s latest program with the International Monetary Fund does not include any…
Japanese companies to inject new investments into Egypt, ambassador
Business
January 18, 2022
Japanese companies to inject new investments into Egypt, ambassador
The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
Presidential mandate aims to transform Egypt into a developed global logistics area: Minister
Economy
August 25, 2021
Presidential mandate aims to transform Egypt into a developed global logistics area: Minister
Egyptian Finance Minister Mohamed Maait announced Wednesday that there are presidential orders in place to speed up a modernized customs…
Egypt’s government provides open funds to fight coronavirus
Egypt
August 14, 2021
Egypt’s government provides open funds to fight coronavirus
Egyptian Finance Minister Mohamed Maait announced Friday that his ministry is ready to meet all additional appropriations for the health…