News Egypt to establish e-system to track goods in transit Amwal Al Ghad English Dec 22, 2020 0 Egypt will establish an electronic system to track the goods received under the indirect transit system until the…
Feature Selling fresh eurobonds aren’t in the cards yet – Egypt FinMin Amwal Al Ghad English Dec 20, 2020 0 Egypt does not have any immediate plans to take a $7 billion eurobond sale to market in the first half of 2021, its…
Feature Egypt registers primary surplus of EGP 5.2 billion in Q1-2020-21 Amwal Al Ghad English Dec 15, 2020 0 Egypt registered a primary budget surplus of 5.2 billion Egyptian pounds ($331 million) in the first quarter of its…
Money Egypt sees economic growth between 2.8-4% in FY2021/22 – minister Amwal Al Ghad English Nov 30, 2020 0 Egypt is expecting an estimated rate of economic growth ranging between 2.8 and 4 percent in the financial year…
Money Egypt to e-link tax, customs, and real estate tax services by end-June 2020 – minister Amwal Al Ghad English Nov 29, 2020 0 Egypt’s government plans to link the country’s tax, customs, and real estate tax services electronically by the end…
Money Egypt expects to receive second tranche of IMF loan in Dec. – finmin Amwal Al Ghad English Nov 23, 2020 0 Egypt expects to receive the second tranche of a $5.2 billion financing from the International Monetary Fund (IMF)…
Feature Egypt lost EGP 220 billion in revenues in Q4 due to coronavirus pandemic Amwal Al Ghad English Nov 10, 2020 0 Egypt's budget lost 220 billion Egyptian pounds (approximately $14 billion) in revenues in the fourth quarter of…
Money Egypt’s Cabinet approves draft law to issue its first sovereign sukuk Amwal Al Ghad English Nov 4, 2020 0 Egypt’s Cabinet approved on Wednesday a draft law to issue sovereign sukuk. The new law will be sent to parliament…
Feature Egypt’s finance minister pledges no tax increases; income tax reduced Amwal Al Ghad English Oct 13, 2020 0 The Egyptian government is not targeting a tax increase in the coming period as the country is moving towards…
Money Egypt introduces new facilities to increase e-collections Amwal Al Ghad English Oct 1, 2020 0 Finance Minister Mohamed Maait announced new facilities to encourage citizens to pay government dues via e-payment.