Egyptian finance minister
Egypt’s Customs Authority releases goods worth over US$8 billion since March: Minister
Egypt
April 13, 2024
Egypt’s Customs Authority releases goods worth over US$8 billion since March: Minister
Finance Minister Mohamed Maait announced Friday that the Customs Authority has released goods with a total value of more than…
Egyptian-French alliance seeks to develop comprehensive health coverage
Business
March 24, 2024
Egyptian-French alliance seeks to develop comprehensive health coverage
Egyptian Finance Minister and Chairman of the Comprehensive Health Insurance Authority, Mohamed Maait, reviewed a report on the results of…
Egypt allocates over US$12 billion to support citizens in new budget
Business
March 20, 2024
Egypt allocates over US$12 billion to support citizens in new budget
The Egyptian government has allocated LE596 billion (US$12.66 billion) to the support system, as part of the upcoming draft budget…
Egypt targets $US5.6 billion in revenues from IPO by the end of 2024
Business
February 14, 2024
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
January 29, 2024
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
January 10, 2024
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
December 27, 2023
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
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…
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 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…