Mohamed Maait
Maait: Value of goods released reaches $56.7 bn in 10 months
Egypt
October 23, 2023
Maait: Value of goods released reaches $56.7 bn in 10 months
Finance Minister Mohamed Maait said that the total value of goods released from customs outlets hit 56.7 billion dollars from…
Egypt becomes first MENA country to issue ‘panda bonds’ in Chinese market for 3.5 bln yuan
Business
October 17, 2023
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…
Maait: Geopolitics tensions led to rising cost of living
Economy
October 15, 2023
Maait: Geopolitics tensions led to rising cost of living
Finance Minister Mohamed Maait said the ministry is seeking to receive a realistic and analytical vision from international financial institutions…
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Business
October 14, 2023
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 Minister: Egypt spent US$52 bn on financial obligations during 2 fiscal years
Egypt
September 10, 2023
Finance Minister: Egypt spent US$52 bn on financial obligations during 2 fiscal years
Egypt spent US$52 billion on financial obligations during two fiscal years (2021-2022) and (2022-2023), said Finance Minister Mohamed Maait. The…
Finance Minister: Egypt’s accession to BRICS helps promote investments, exports, FDI flows
Egypt
August 26, 2023
Finance Minister: Egypt’s accession to BRICS helps promote investments, exports, FDI flows
Finance Minister Mohamed Maait said that BRICS’ invitation to Egypt to join the bloc will help promote investment and export…
Financial performance indices of FY 2022/23 good despite global crises – Min.
Economy
August 11, 2023
Financial performance indices of FY 2022/23 good despite global crises – Min.
The financial performance indices of the fiscal year 2022-2023 were good despite the current global challenges and crises, Finance Minister…
Finance min.: Initial surplus recorded 1.3%, growth rate hit 4.2% in FY 2022-23
Egypt
August 1, 2023
Finance min.: Initial surplus recorded 1.3%, growth rate hit 4.2% in FY 2022-23
Finance Minister Mohamed Maait said Egypt achieved for the first time an initial surplus of 1.3 percent in fiscal year…
Finance min.: Canceling tax exemptions for state entities in investment activities
Egypt
July 13, 2023
Finance min.: Canceling tax exemptions for state entities in investment activities
Finance Minister Mohamed Maait has said that the approval to cancel tax exemptions granted to state-owned entities in the investment…
Maait orders easing measures for electronically linking Nafeza, e-bills for taxes
Egypt
July 8, 2023
Maait orders easing measures for electronically linking Nafeza, e-bills for taxes
Minister of Finance Mohamed Maait ordered the officials of customs authority to ease measures to electronically link the National Single…