Egyptian finance minister
Egypt becomes first MENA country to issue ‘panda bonds’ in Chinese market for 3.5 bln yuan
Business
October 17, 2023
Egypt becomes first MENA country to issue ‘panda bonds’ in Chinese market for 3.5 bln yuan
Egypt has become the first nation in the Middle East and Africa to issue sustainable international “panda bonds” on the…
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Business
October 14, 2023
Egypt puts 35 state-owned companies in 19 sectors on IPO until June 2024
Egypt’s Finance Ministry announced offering up 35 state-owned companies in 19 sectors on IPO from October 2023 to June 2024,…
Finance Ministry responds to Fitch rating of Egypt’s economy
Business
May 7, 2023
Finance Ministry responds to Fitch rating of Egypt’s economy
Egyptian Finance Minister Mohamed Maait responded to Fitch’s decision to downgrade Egypt’s credit rating in both local and foreign currencies…
Somali President arrives in Egypt to hold talks with Sisi
Egypt
July 24, 2022
Somali President arrives in Egypt to hold talks with Sisi
Somali President Hassan Sheikh Mahmoud arrived in Cairo on Sunday, received by Egyptian Finance Minister Mohamed Maait. He is scheduled…
Egypt allocates billions to support industry and exports in 2022/23 budget
Egypt
July 13, 2022
Egypt allocates billions to support industry and exports in 2022/23 budget
Egyptian Finance Minister Mohamed Maait announced Tuesday that six billion LE has been allocated in the new budget to support…
Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister
Economy
May 3, 2022
Amendments to income tax aim to relieve burden on citizens, assures Egypt’s Finance Minister
Egyptian Finance Minister Mohamed Maait said that amendments to the income tax law, approved by the Cabinet and referred to…
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Economy
April 24, 2022
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Egyptian Finance Minister Mohamed Maait presented his country’s experience in economic reform before the Spring Meetings of the World Bank…
Fitch affirms Egypt’s credit rating at B+
Business
April 23, 2022
Fitch affirms Egypt’s credit rating at B+
Fitch Ratings affirmed Egypt’s credit at “B+” with a stable outlook for the fourth time. Egypt’s ratings are supported by…
Egypt calls for wholly Arab strategy against external economic shocks
Egypt
April 9, 2022
Egypt calls for wholly Arab strategy against external economic shocks
Egyptian Finance Minister Mohamed Maait called for Arab nations to share their experiences in financial policies to support the recovery…
Egypt allocates LE130 billion to handle repercussions of economic challenges
Business
March 21, 2022
Egypt allocates LE130 billion to handle repercussions of economic challenges
Egyptian Finance Minister Mohamed Maait announced Monday that a package of financial and social protection measures worth LE130 billion have…