Egyptian finance Ministry

Egypt spends LE60 bn to confront coronavirus: official
Egypt

Egypt spends LE60 bn to confront coronavirus: official

Egypt has so far spent LE60 billion of the LE100 billion allocated by the government to combat the coronavirus crisis,…
Egypt’s Education Ministry needs LE11 bn increase or it may close: Minister
Egypt

Egypt’s Education Ministry needs LE11 bn increase or it may close: Minister

Education Minister Tarek Shawqi warned Monday that the education development project is facing difficulty most notably in necessary funds, pointing…
Egypt improves wages to reduce impact of economic reforms
Business

Egypt improves wages to reduce impact of economic reforms

Egypt’s Finance Ministry announced that the government plans to reduce the impact of  financial and economic reforms on citizens in…
Egypt’s Cabinet denies economic crisis caused by IMF conditions
Economy

Egypt’s Cabinet denies economic crisis caused by IMF conditions

The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
Egypt imposes temporary protection fees on iron imports
Business

Egypt imposes temporary protection fees on iron imports

The Egyptian Finance Ministry said on Monday that it has begun collecting temporary protection fees on Egypt’s steel imports in…
Egypt to relocate 51,000 government employees to New Administrative Capital
Egypt

Egypt to relocate 51,000 government employees to New Administrative Capital

  The Egyptian government has prepared a plan to relocate 51,000 state administration employees from 31 ministries and sectors to…
No significant change in prices after exempting EU cars from customs: Egyptian official
Egypt

No significant change in prices after exempting EU cars from customs: Egyptian official

  Lifting customs duties on cars imported from Europe next year will not lead to a significant change in prices,…
Egypt maintains LE16 per USD customs exchange rate for August
Business

Egypt maintains LE16 per USD customs exchange rate for August

Egypt’s Finance Minister Mohamed Maeet announced on Tuesday that the exchange rate of the customs dollar will continue to be…
Custom US dollar price declines to LE16.25: Minister of Finance:
Economy

Custom US dollar price declines to LE16.25: Minister of Finance:

In a statement Sunday, the Minister of Finance Amr al-Garhi said the Ministry will decline the custom US dollar price…
Egyptian parliament approves value-added tax at 13 percent
Business

Egyptian parliament approves value-added tax at 13 percent

Egypt's parliament approved on Monday a long-awaited law introducing a value-added tax of 13 percent, rising to 14 percent in…
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