Egyptian finance minister
Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook
Business
August 1, 2021
Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook
Egyptian Finance Minister Mohamed Maait announced Saturday that the Moody’s credit rating institute has kept Egypt’s credit rating in both…
Egypt promotes international investment in energy, medicine and transportation
Business
July 31, 2021
Egypt promotes international investment in energy, medicine and transportation
Egyptian Finance Minister Mohamed Maait announced Friday that Egypt is looking to increase the volume of foreign investments in the…
Finance Minister discusses increasing Korean investments in Egyptian bonds
Business
June 27, 2021
Finance Minister discusses increasing Korean investments in Egyptian bonds
Egyptian Finance Minister Mohamed Maait on Sunday discussed with South Korean Ambassador to Cairo Hong Jin-wook ways to increase the…
Egypt eager to increase funding on health and education sectors: Minister
Business
April 17, 2021
Egypt eager to increase funding on health and education sectors: Minister
Finance Minister Mohamed Maait announced that Egypt aims to boost spending on its health, education and social development sectors to…
Egypt welcomes Japan’s participation in major projects: Finance Minister
Business
April 11, 2021
Egypt welcomes Japan’s participation in major projects: Finance Minister
Egyptian Finance Minister Mohamed Maait on Saturday met with a Japanese delegation headed by Matsunaga Hideki, Director General of the…
Egypt’s credit rating maintains stable outlook: Standard and Poor’s
Business
November 7, 2020
Egypt’s credit rating maintains stable outlook: Standard and Poor’s
Standard and Poor’s (S&P) has kept Egypt’s credit rating in domestic and hard currencies at level B, maintaining a stable…
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
Business
September 19, 2020
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
Egyptian Finance Minister Mohamed Maait on Saturday discussed a proposal with UN Under-Secretary-General Vera Songwe to support countries impacted by…
Egyptian government spends LE40 bn in two and a half months
Economy
May 8, 2020
Egyptian government spends LE40 bn in two and a half months
Egyptian Finance Minister Mohamed Maait announced on Thursday that the government has succeeded in dealing with the novel coronavirus by…
Egypt to issue international bonds and diversify currency to hedge against risks
Business
September 9, 2019
Egypt to issue international bonds and diversify currency to hedge against risks
Egyptian Finance Minister Mohamed Maait announced on Monday that his country intends to issue international bonds worth between US$3-7 billion…
Egypt to repay IMF loan starting in May 2021: Government sources
Business
August 25, 2018
Egypt to repay IMF loan starting in May 2021: Government sources
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…