Egypt seeks narrower budget deficit of 8.4% in FY2018/19 – minister
Egypt is targeting a budget deficit of 8.4 percent of GDP for the 2018-19 financial year that ends in June, down…
Browsing Tag
Mohamed Maait
Egypt keeps customs exchange rate at 16 pounds/dlr in September
Egypt will keep its customs exchange rate steady at 16 pounds per dollar for September, Finance Minister Mohamed…
Turkey crisis proving to be positive for Egypt: FinMin
As Turkey’s growing economic crisis shook investor confidence in lenders exposed to the country, foreign…
Foreign holdings of Egyptian debt rise on Turkey’s crisis
The Turkish crisis has positively impacted foreign investment in Egypt’s debt instruments, sending it up again last…
Egypt to reduce public debt to 92% of GDP in FY2019
Egyptian Finance Minister Mohamed Maait said the country will reduce its public debt to 92 percent of the GDP in…
Egypt’s real estate tax countdown begins
Owners of residential and commercial property in Egypt have until mid-August to pay the new property tax or prove…
Egypt names Kamal Negm as new customs authority head
Egypt's Minister of Finance Mohamed Maait on Tuesday appointed Kamal Hassan Negm as a new head of the country's…
Egyptian real estate tax deadline on 15 August: finance ministry
The deadline for Egyptian property owners to pay an annual real estate tax expires in ten days, after which fines…
Egypt maintains customs exchange rate at 16 pounds per USD
Egypt will continue to maintain its current customs exchange rate of 16 pounds per $1, effective starting August…
Foreign investment in Egypt’s debt at $17.5 bln since pound float – finance minister
Egypt’s Finance Minister Mohamed Maait said foreign inflows in the government securities reached $17.5 billion…