Egypt’s Kouchouk named African Finance Minister of the Year at London Summit
Egypt's Finance Minister Ahmed Kouchouk was named African Finance Minister of the Year at the 15th African Business…
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Egypt’s Finance minister
Egypt remains Africa’s gateway to Europe, Asia – FinMin
Egypt’s Minister of Finance Ahmed Kouchouk said that the state, with its leadership, capabilities, and growing…
Egypt committed to boosting fair competition, investment climate – FinMin
Egypt’s government is stepping up efforts to promote competitive neutrality and fair competition to attract local…
Egypt’s FinMin highlights competition’s role in economic growth
Egypt's Finance Minister Ahmed Kouchouk emphasised the importance of competitive neutrality and increased…
Egypt’s economy needs private sector boost – minister
Egypt's finance minister, Ahmed Kouchouk, affirmed the ministry's commitment to strengthening partnerships with the…
Egypt rolls out simplified tax plan for earners below EGP 15m
Egypt's Finance Ministe announced a new simplified tax system for small businesses, freelancers, and professionals…
IMF approval of Egypt’s reforms ‘vote of confidence’ – minister
Egypt's Finance Minister Ahmed Kouchouk announced that the International Monetary Fund (IMF) has approved the third…
Egypt’s e-payment services reach EGP2.5tn in 11 months
Egypt's digital payment and collection services surged to unprecedented levels over the first 11 months of the…
Egypt to increase private sector engagement in health insurance
Egypt is set to increase private sector engagement in comprehensive health insurance, with plans to increase its…
Egypt eyes higher investor base, lower debt service bill
Egypt aims to bolster liquidity and alleviate the burden of debt service while diversifying financing instruments…
Egypt urges debt relief to boost Africa’s development
Egypt’s Finance Minister, Dr. Mohamed Maait, stressed the detrimental impact of Africa's financing gap on…
Egypt eyes initial surplus of 3.5% in ’27 – minister
Egypt is targeting a substantial initial surplus of 3.5 per cent of GDP by the end of June 2027, said Minister of…
Egyptian expats’ car import initiative ends on April 29
Egypt’s Finance Minister, Mohamed Maait, confirmed on Thursday that 27,000 cars have been cleared as per the…
Egypt targets 4% GDP growth in FY24/25 budget
Egypt's Finance Minister, Mohamed Maait, unveiled the final key indicators of Egypt’s draft budget for the fiscal…
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 expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
Egypt seeks Asian investment opportunities – minister
Egypt’s finance minister, Dr. Mohamed Maait, said at the Asian Financial Forum in Hong Kong that Egypt is keen to…
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 secures $500mln in funding for health, education projects
Egypt secured $500 million in financing from three international banks for development of health and education…
Egypt’s economic growth hits 4.2% in FY2022/23
Egypt's gross domestic product (GDP) reached 4.2 percent in the past fiscal year (FY) 2022/2023, said Finance…
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…
Egypt targets debt to GDP ratio of 75%-80% in next 4 years – minister
Egypt is targeting a debt to GDP ratio of 75 percent to 80 percent in the next four years, said Finance Minister…
Egypt pays $3.5bln international bond dues in Q1 of 2023 – minister
Egypt paid $3.5 billion in international bond dues during the first quarter of this year, Finance Minister Mohamed…
Egypt purchases 1.75m tons of local wheat
Egypt has purchased 1.75 million tons of local wheat after the beginning of its harvesting season, according to the…
FinMin seeks to pass a new bill to cancel tax exemptions on returns from treasury bonds
The state treasury expects to net as much as 34 billion Egyptian pounds in additional income from a bill approved…
Egypt FinMin says no intention to raise stock exchange duty
Egypt’s Finance Minister Mohamed Maait denied on Monday rumours about planned increases in stamp tax on stock…
Egypt’s finance minister says new strategic plan has been finalised
Egypt's Finance Minister Mohamed Maait inspected the new premises of the ministry in the New Administrative…
Egypt’s Economy to Grow 6% in 3 years: Finance Minister
Egypt's finance minister is predicting growth rates of up to 6 percent within three years, which would mark a major…
Egypt’s New FinMin Plans Stimulus, Not Austerity
Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by…
OCI’s Pending Tax Disputes May Oust Egypt Finance Minister – Sources
Egypt's imminent cabinet reshuffle will be "limited" with "some" ministerial changes and will be announced on…
Egypt Central Bank Chief Flies To Washington To Attend IMF-WB Annual Meetings
Egypt’s Central Bank Governor Hisham Ramez and Finance Minister El-Morsi El-Sayed are heading on Wednesday morning…
Egypt To Return Tax Collected On NSGB Takeover
Taxes collected from Qatar National Bank 's acquisition of National Societe Generale Bank (NSGB) will be refunded…
EGX 30 Hits 4-Month Low, Ends Below 4930 Pts
The Egyptian Exchange (EGX) has ended Wednesday’s session incurring remarkable losses of EGP 4.6 billion driven by…
EGX 30 Falls 0.78% In Week Driven By NSGB Takeover Deal Taxes
In a week which witnessed the announcement of imposing tax gains on the acquisition deal of National Société…
Orascom Construction Denies Settlement With Egyptian Govt
Statements by Egypt's Finance Minister El-Morsi Hegazy and the Egyptian Tax Authority over negotiations with the…
EGX 30 Opens 16% Up, Nears 5265Pts Backed By Local & Arab Buyers
The Egyptian Exchange has opened Monday’s session posting early gains of EGP 65 million powered by local and Arabs…
EGX 30 Ends Above 5250Pts As Hope Floats For OCI’s Tax Settlement
The Egyptian Exchange (EGX) has ended Sunday's trading posting gains of EGP 2.6 billion powered by the Egyptian…
FinMin: IMF Technical Team to Visit Egypt ‘Within Days’
Egyptian Finance Minister Al-Morsi Al-Sayed Hegazy said in a conference on Sunday a technical team from the…
Egypt’s Tax Authority Reconciles With OCI For EGP 7.1 Billion; Minister Says
The prolonged tax disputes between Orascom Construction Industries (OCIC.CA) and the Egyptian Tax Authority (ETA)…
Egypt’s FinMin Says Committed To Economic Reform, IMF Loan Talks Ongoing
Egypt’s finance minister Dr. Al-Mursi Al-Sayed Hegazy asserted that Egypt is committed to implementing the reform…