Egyptian Finance Minister Mohamed Maait

Egypt to increase fees on citizens departing the country
Egypt

Egypt to increase fees on citizens departing the country

Egyptian Finance Minister Mohamed Maait announced new departure fees for Egyptians traveling abroad, approved by the parliament in principle. During…
100K Egyptian expats registered to tax-free car import initiative
Egypt

100K Egyptian expats registered to tax-free car import initiative

Egyptian Finance Minister Mohamed Maait said on Tuesday that 100,000 Egyptians residing abroad have registered online to benefit from the…
Finance Ministry refutes rumors on US dollar rate reaching LE40
Business

Finance Ministry refutes rumors on US dollar rate reaching LE40

During a phone-in with Sada al-Balad channel on Thursday, Maait touched on rumors on social media regarding the rise in…
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
Business

Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister

The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector…
Egypt, IMF imminent to agree on new loan
Business

Egypt, IMF imminent to agree on new loan

An agreement with the International Monetary Fund (IMF) on a new cooperation program is imminent, and that the Egyptian government…
COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister
Economy

COVID-19 made pharmaceutical industry in Africa a continental priority: Egypt minister

Egyptian Finance Minister Mohamed Maait said on Saturday that the coronavirus pandemic has made the pharmaceutical industry in Africa a…
Egypt prepares to list 10 companies in IPO program
Business

Egypt prepares to list 10 companies in IPO program

Egypt is preparing to list 10 companies within the government’s IPO program in the stock market during the first half…
Egypt government prepares to offer an incentive package for ‘green industries’
Egypt

Egypt government prepares to offer an incentive package for ‘green industries’

Egyptian Finance Minister Mohamed Maait announced on Friday that the government is preparing for a package of incentives for new…
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egypt

Egypt’s new program with IMF won’t entail more burdens on citizens: Minister

Egyptian Finance Minister Mohamed Maait assured that the state’s latest program with the International Monetary Fund does not include any…
Japanese companies to inject new investments into Egypt, ambassador
Business

Japanese companies to inject new investments into Egypt, ambassador

The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
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