Ministry of Finance

Cabinet denies reports about imposing 3-month import ban on some products
Egypt

Cabinet denies reports about imposing 3-month import ban on some products

The cabinet media center has denied social media reports about instructions issued by the chairman of the Egyptian Customs Authority…
Google to impose 14% VAT on services in Egypt starting July
Egypt

Google to impose 14% VAT on services in Egypt starting July

Google has notified its users of imposing a 14 percent value-added tax on its electronic services in Egypt, starting July,…
No new income tax: Cabinet
Egypt

No new income tax: Cabinet

The Cabinet’s Media Centre has denied as groundless reports on imposing a new increase on income tax. In a statement…
Egypt issues 60 billion Japanese yen in samurai bonds
Business

Egypt issues 60 billion Japanese yen in samurai bonds

Egypt issued Japanese samurai bonds in the Japanese market, at 60 billion Japanese yen, equivalent to US$500,000 billion, the Ministry…
Egyptian cabinet prepares bill to impose taxes on e-commerce
Business

Egyptian cabinet prepares bill to impose taxes on e-commerce

Sources familiar with the Ministry of Finance confirmed that a bill regarding taxes on e-commerce was recently referred by the…
President Sisi reviews Egypt’s economic performance from July 2020 to January 2021
Egypt

President Sisi reviews Egypt’s economic performance from July 2020 to January 2021

President Abdel Fattah al-Sisi on Saturday reviewed Egypt’s economic and financial performance indicators from July 2020 to January 2021. Sisi…
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
Business

Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts

The Egyptian government is set to receive its US$5.2 billion one-year International Monetary Fund (IMF) loan within the second half…
Egypt’s Ministry of Finance to issue LE3 bn payment to tourist establishments
Economy

Egypt’s Ministry of Finance to issue LE3 bn payment to tourist establishments

Egypt’s Ministry of Finance on Monday launched an initiative guaranteeing the payment of LE three billion to Egypt’s national banks…
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
Business

Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget

Egypt’s Finance Ministry said on Sunday that it would open up the new draft of the government’s  2020/2021 budget to…
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
Business

As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs

The Ministry of Finance’s sector heads are responsible for qualifying young cadres for leading jobs through teamwork, and making innovation…
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