Finance Minister Mohamed Maait

Finance Minister urges “deepening” Arab economic partnerships
Egypt

Finance Minister urges “deepening” Arab economic partnerships

Finance Minister Mohamed Maait has called for “deepening” Arab economic partnerships and achieving integration among Arab states to be able…
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Business

Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry

Egypt recorded in the fiscal year ending in June 2022 a growth rate of 6.6 percent, and a primary surplus…
Egypt can’t take on more fuel subsides amid soaring oil prices: minister
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Egypt can’t take on more fuel subsides amid soaring oil prices: minister

Egyptian Finance Minister, Mohamed Maait announced Wednesday that the state’s budget cannot continue to bear the additional burden resulting from…
World Bank says it is eager to strengthen partnership with Egypt
Business

World Bank says it is eager to strengthen partnership with Egypt

World Bank officials have affirmed their desire to strengthen the existing successful partnership with Egypt, during a meeting between Egyptian…
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians
Business

Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians

Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to review the main features of the state’s draft general…
Photos: Egypt issues medals celebrating patriarchs of Coptic Orthodox Church
Egypt

Photos: Egypt issues medals celebrating patriarchs of Coptic Orthodox Church

Egypt’s Treasury and Mint Authority has unveiled a set of medals celebrating modern patriarchs of the Coptic Church in Egypt.…
Egypt expects US$1.6 billion IMF loan by the end of December: Minister
Business

Egypt expects US$1.6 billion IMF loan by the end of December: Minister

Egypt’s Finance Minister Mohamed Maait announced Monday that a US$1.6 billion tranche from the International Monetary Fund (IMF) is anticipated…
Cabinet: Egypt is not seeking a new IMF loan
Business

Cabinet: Egypt is not seeking a new IMF loan

Egypt is not seeking a new loan from the International Monetary Fund (IMF) following the end of its current US$12…
Egypt PM discusses stimulating stock exchange with capital market leaders
Business

Egypt PM discusses stimulating stock exchange with capital market leaders

Egypt’s Prime Minister Mostafa Madbouly held a meeting on Monday with capital market leaders to discuss stimulating the stock exchange…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business

Egypt’s economy seen growing 5.5 pct in year to end of June

CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
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