Egypt, S. Africa explore development, economic collaboration
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, held talks with…
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minister of finance
Egypt targets $20b in FDI, $140b in exports by ’30
The Egyptian government aims to attract direct foreign investments (FDI) exceeding $20 billion and to boost export…
Egypt’s economy stablising – FinMin
Egypt’s economic situation is stabilising, Minister of Finance Ahmed Kouchouk stated, emphasising ongoing efforts…
Egypt allocates EGP 500b for Decent Life programme – FinMin
The Egyptian government has allocated EGP 500 billion for the first two phases of the national Haya Karima project,…
Egypt injects EGP 60b in Export Support Initiative
Egypt’s Minister of Finance has announced the disbursement of 60 billion Egyptian pounds so far in the Export…
Egypt to implement Unified Public Finance Law
Egyptian Finance Minister, Mohamed Maait, has endorsed the executive regulations for the Unified Public Finance…
Egypt prioritises staples, medicines FX needs
Egyptian Prime Minister Dr. Mustafa Madbouly has ordered a restriction on various commodities in customs to…
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, Croatia ink double taxation avoidance agreement
Egypt signed a double taxation avoidance agreement with Croatia on Tuesday, said a statement by the Egyptian…
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’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 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 releases goods worth $32bln in 5 months – minister
The Egyptian customs released imported goods and merchandise with a value of $32 billion during the last five…
Egypt releases $23bln worth of imports since January
Egypt has released $23 billion worth of imported goods, merchandise and products since January, announced Minister…
Egypt drafting new law to impose tax on social media ads, online services
Egypt’s Minister of Finance is close to finalising a draft law which will impose a tax on social media…
Egypt to issue EGP3-7bln int’l bonds in Q1 2019
Minister of Finance Mohamed Maait said that the Egyptian government seeks to issue between $3 billion and $7…
Egypt’s Finance Minister says GDP likely to hit 5.25% in FY2017/18
Egypt aims to accomplish sustainable economic development with an expectation that it will increase its gross…
Qatar can protect economy and currency, finance minister tells CNBC
Qatar can easily defend its economy and currency against economic blockade by other Arab states, Qatari finance…
Egypt issues factoring activities to increase companies’ liquidity
Minister of Finance Amr Al-Garhi issued a decision to add factoring activities to financing activities to…
Egypt’s New Civil Services Law Achieves Fairness, Says Minister
Egypt's Minister of Finance Hany Qadry praised on Monday a new controversial civil services law saying that it…
Civil Service Law To Increase State Employees’ Wages By 15%: Minister
Minister of Finance Hany Kadry Dimian said that the Civil Service Law ensures periodic increases in the wages of…
Egypt’s Finance Ministry endorses Biggest Promotion Move for Customs Authority Staff
The Egyptian Customs Authority witnesses the largest promotion move in its history. This comes after Egyptian…
Egypt’s FinMin Says Surplus State Budget May be EGP 85bln
Egyptian Finance Ministry has completed preparing the citizen's budget to explain the state budget law for…
Egypt Eyes 5-6% Economic Growth for Next 3 Years– Minister
Minister of Finance Hany Kadry Dimian revealed on Tuesday that the government is aiming to restore investor…
Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY
Egypt's budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months of the…
Egypt Unlikely to Cancel Real Estate Tax – Official
Egypt will unlikely cancel its current real estate tax, the country’s finance minister aide said on Tuesday. Mr.…
NBE: Petroleum Sector’s Indirect Portfolio Reached EGP15.3 bln Last April
The National Bank of Egypt's, NBE, indirect funds to the Egypt General Petroleum Company (EGPC) reached EGP 15.3…
Egypt’s Ministerial Group Reviews Economic Situation And Govt’s Plan
The ministerial economic group held a meeting this morning led by Egyptian Prime Minister Hesham Kandil, to review…
EGP1.4 bln New Framework Agreement With Islamic Bank: Momtaz al-Saeed
The ministers of finance, planning and international cooperation, and petroleum and mineral resources will sign a…
Egypt’s Govt Calls For Community Dialogue On IMF Loan
A reliable government source asserted that the government has postponed the call of the International Monetary Fund…
Renegotiating with Mobile Operators is More Feasible than Imposing Taxes
Engineering consultant Mamdouh Hamza has called upon renewing negotiations with foreign mobile operators working in…
Friction Between Egypt, Neighboring Countries Likely To Foil IMF Talks
The Minister of Finance, Mumtaz Al-Saeed, stated that the Egyptian government submitted an official request to the…
Finance Ministry Allocates US$100 Mln For EGPC To Meet Petroleum Needs
The Minister of Finance, Momtaz El-Saeed approved allocating US$ 100 million for the Egyptian General Petroleum…
Momtaz Al-Saeed: Egypt, Libya To Prevent Smuggling Processes
Egypt and Libya agreed on taking control of the joint border-crossings to prevent the processes of smuggling goods…
Egypt’s Finance Minister Votes, Sees Higher Growth Rates Soon
Momtaz El Saeed, Minister of Finance, has voted in the runoff elections Saturday in Sayyeda Zeinab. El…
Mohamed Gouda: IMF Procrastinates by Negotiating Over Loan
The Experts’ opinions varied around the inevitability of borrowing from abroad and also their views for the…
Uganda Economy Expected to Grow in 2012/13
Uganda's economy is expected to grow by 5.4 percent in the 2012/13 (July-June) fiscal year from an estimated 5…
British Govt : New Measures to limit Public Spending
Britain is to unveil new rules to further limit public spending as part of the government's efforts to meet its…
Brotherhood to work on ‘parallel’ state budget
Finance Minister Momtaz al-Saeed has said that the ministry has yet to prepare a draft state budget for next fiscal…
MOF To Facilitate Foreign Investments
Momtaz El Saeed - Minister of Finance- assured that the government is very keen on providing all of the…