BRICS New Development Bank forum opens in Cairo
The NDB held its first forum in Cairo's New Administrative Capital, with Egyptian President Abdel Fattah al-Sisi in…
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Egypt’s Finance Minister Mohamed Maait
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
Egypt aims to reduce debt ratio, extend debt maturity – FinMin
Egypt’s Finance Minister, Dr. Mohamed Maait, affirmed the country’s commitment to a comprehensive debt management…
African public health indicators at risk – Egypt’s FinMin urges action
Egypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa…
Egypt targets primary surplus of 3.5% in FY2024/25
Egypt aims for an initial surplus of 3.5 per cent in the general budget for fiscal year 2024/2025, with a target to…
Egypt steadfast supports insurance, pension system – FinMin
Mohamed Maait, Egypt's Minister of Finance, reiterated the government's steadfast support for the nation's…
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
Egypt maintains customs exempts on Gaza humanitarian aid
Egypt’s Minister of Finance said effective coordination continues as regards following up on procedures for…
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…
Egypt’s finance minister seeks strategic partnership with NDB
Egypt’s finance minister Mohamed Maait said on Sunday that Egypt is seeking a strategic partnership with New…
Egypt to increase spending on education, health in ’24-25 budget
Egyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives…
Egyptian government to improve wages in 2024 – minister
The Egyptian Minister of Finance Mohamed Maait stated on Sunday that the government plans to improve the wages for…
Egypt secures $500mln in funding for health, education projects
Egypt secured $500 million in financing from three international banks for development of health and education…
AIIB to provide additional $1bn financing for Egypt’s private sector: minister
Egyptian Finance Minister Mohamed Maait said on Tuesday that the Asian Infrastructure Investment Bank (AIIB) will…
Egypt to boost economic relations with Hong Kong – minister
Egypt is set to boost its economic relations with Hong Kong, said Egyptian Minister of Finance Mohamed Maait on…
Egypt settles $52bln in foreign debts over past 2 FYs: Finance Minister
Egypt has settled $52 billion of its foreign liabilities during the previous two fiscal years (FYs) 2022/2023 and…
Egypt Minister of Finance expects to raise $2bn foreign funds before end of 2023
Egypt’s Minister of Finance Mohamad Maait said on Thursday that new additional finance - unlike the rollout…
Egypt achieves primary surplus in FY 2022/2023 – minister
Egypt has achieved a primary surplus of 164.3 billion Egyptian pounds, equivalent to 1.63 percent of the gross…
Egypt’s economy might grow 4.2% in FY 2023/24 – Morgan Stanley
Egypt’s economy and gross domestic product (GDP) to grow 4.2 percent in the current fiscal year (FY) of 2023/2024,…
Egypt releases $131 bln goods in 21 months – minister
Egypt has released goods worth $131 billion stuck at ports during 21 months until last May of total goods worth…
Egypt’s Finance Ministry pays export dues to 750 companies
Finance Minister Mohamed Maait said on Wednesday that the ministry paid 7.5 billion Egyptian pounds in export…