Mohamed Maait
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…
Finance Minister: 65,000 tax disputes settled over 7 years away from court
Egypt
July 3, 2023
Finance Minister: 65,000 tax disputes settled over 7 years away from court
More than 65,000 tax disputes have been settled away from the court, with a total value that surpass EGP 51.5…
Maait: ‘Sustainable Debt Alliance’ is strong momentum to green investments in developing states
World
June 24, 2023
Maait: ‘Sustainable Debt Alliance’ is strong momentum to green investments in developing states
Finance Minister Mohamed Maait asserted that the “Sustainable Debt Alliance”, which will be officially launched in September is a strong…
Finance Ministry responds to Fitch rating of Egypt’s economy
Business
May 7, 2023
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…
Finance min. issues regulations for application of minimum wage
Egypt
April 28, 2023
Finance min. issues regulations for application of minimum wage
Finance Minister Mohamed Maait has issued a decision on the regulations for enforcing minimum wage for government employees as of…