Egypt’s S. Canal revenue may partially offset Red Sea attacks impact – Maait
Some of the damage caused by the Red Sea attacks on ships to Suez Canal revenue could be offset by prior growth…
Flexible macroeconomic risk management helps Egypt contain shocks – Maait
Moody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed…
Maait says $22 billion ‘hot money’ left Egypt
Egyptian Finance Minister Mohamed Maait said on Monday around $22 billion in short-term investment “hot-money” had…
IMF may complete 2nd review of $5.2bln standby loan by June end, Maait
The IMF will be completing its second and final review of its year-long USD 5.2 bn standby loan program by the end…
Afreximbank’s efforts in providing Covid-19 vaccines for African countries is supported,…
Egypt’s keenness to back the Afreximbank’s efforts to support the African continent amid the novel coronavirus…
Egyptian exporters received EGP 25.5 bln dues since March 2020, Maait
Egypt has disbursed a total of 25.5 billion Egyptian pounds to exporters since the onset of the pandemic in Egypt…
Egypt’s government debt narrows 20.5% in three years – Maait
Egyptian government debt declined by 20.5 percent of the country’s gross domestic product (GDP) over three years…
Egypt records EGP 25 bln initial budget surplus by Q3 of FY2020/21, Maait
Egypt recorded initial surplus of 25 billion Egyptian during the first nine months of the current FY2020/21 despite…
Egypt eyes decreasing overall deficit to 6.6%, Maait
Egypt seeks to decrease the overall deficit to GDP ratio to 6.6 percent as well as reaching a 1.5 percent initial…
Egypt to replace state-employees’ payroll cards with Meeza, Maait
Egypt’s state-employees’ payroll cards will be replaced entirely by prepaid Meeza electronic cards once they…
