Egyptian finance minister

Egypt targets $US5.6 billion in revenues from IPO by the end of 2024
Business

Egypt targets $US5.6 billion in revenues from IPO by the end of 2024

Egyptian Finance Minister Mohamed Maait said that the government IPO program will enhance his country’s ability to meet financing needs,…
Egypt to offer local currency bonds on Hong Kong Stock Exchange: Minister
Business

Egypt to offer local currency bonds on Hong Kong Stock Exchange: Minister

Egypt has agreed to sign an agreement to prevent double taxation this year, promote the offering of local currency bonds…
President al-Sisi Directs to Increase Expenses on Improving Conditions of Citizens in New Budget
Egypt

President al-Sisi Directs to Increase Expenses on Improving Conditions of Citizens in New Budget

Egyptian Finance Minister Mohamed Maait has asserted that President Abdel Fattah al-Sisi gave directives to increase the expenditure on improving…
Private Sector would be “Locomotive” to Economic Recovery in 2024
Egypt

Private Sector would be “Locomotive” to Economic Recovery in 2024

Egyptian Finance Minister Mohamed Maait asserted that the Egyptian economy was resilient in front of the repercussions of the global…
Egypt becomes first MENA country to issue ‘panda bonds’ in Chinese market for 3.5 bln yuan
Business

Egypt becomes first MENA country to issue ‘panda bonds’ in Chinese market for 3.5 bln yuan

Egypt has become the first nation in the Middle East and Africa to issue sustainable international “panda bonds” on the…
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Business

Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024

Egypt’s Finance Ministry announced offering up 35 state-owned companies in 19 sectors on IPO from October 2023 to June 2024,…
Finance Ministry responds to Fitch rating of Egypt’s economy
Business

Finance Ministry responds to Fitch rating of Egypt’s economy

Egyptian Finance Minister Mohamed Maait responded to Fitch’s decision to downgrade Egypt’s credit rating in both local and foreign currencies…
Somali President arrives in Egypt to hold talks with Sisi
Egypt

Somali President arrives in Egypt to hold talks with Sisi

Somali President Hassan Sheikh Mahmoud arrived in Cairo on Sunday, received by Egyptian Finance Minister Mohamed Maait. He is scheduled…
Egypt allocates billions to support industry and exports in 2022/23 budget
Egypt

Egypt allocates billions to support industry and exports in 2022/23 budget

Egyptian Finance Minister Mohamed Maait announced Tuesday that six billion LE has been allocated in the new budget to support…
Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister
Economy

Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister

Egyptian Finance Minister Mohamed Maait said that amendments to the income tax law, approved by the Cabinet and referred to…
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