Egyptian finance minister

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…
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Economy

Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings

Egyptian Finance Minister Mohamed Maait presented his country’s experience in economic reform before the Spring Meetings of the World Bank…
Fitch affirms Egypt’s credit rating at B+
Business

Fitch affirms Egypt’s credit rating at B+

Fitch Ratings affirmed Egypt’s credit at “B+” with a stable outlook for the fourth time. Egypt’s ratings are supported by…
Egypt calls for wholly Arab strategy against external economic shocks
Egypt

Egypt calls for wholly Arab strategy against external economic shocks

Egyptian Finance Minister Mohamed Maait called for Arab nations to share their experiences in financial policies to support the recovery…
Egypt allocates LE130 billion to handle repercussions of economic challenges
Business

Egypt allocates LE130 billion to handle repercussions of economic challenges

Egyptian Finance Minister Mohamed Maait announced Monday that a package of financial and social protection measures worth LE130 billion have…
Egypt achieves highest economic growth rate since beginning of the millennium
Business

Egypt achieves highest economic growth rate since beginning of the millennium

Finance Minister Mohamed Maait announced Friday that Egypt recorded the highest semi-annual growth rate since the beginning of the millennium…
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