Finance Ministry

Egypt to mint coins documenting national projects
Egypt

Egypt to mint coins documenting national projects

Egypt will release LE15 million worth of special pound and half pound coins on the market within two weeks, to…
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…
Financial indicators improve unprecedentedly in 2020-2021: minister
Business

Financial indicators improve unprecedentedly in 2020-2021: minister

Egypt’s financial performance indicators from July to March in current fiscal year 2020-2021 saw an unprecedented improvement as a result…
Arab Monetary Fund to support Egypt’s budget with US$638 million
Egypt

Arab Monetary Fund to support Egypt’s budget with US$638 million

Minister of International Cooperation Rania al-Mashat announced Saturday that her ministry has concluded a development financing agreement worth around US$638…
Egypt to guarantee LE3 billion funding for national carrier EgyptAir
Egypt

Egypt to guarantee LE3 billion funding for national carrier EgyptAir

Egypt’s finance ministry will guarantee long-term financing of 3 billion Egyptian pounds ($191 million) from the central bank for national…
Egypt provided LE 3.8 bn to health sector during March to fight coronavirus
Business

Egypt provided LE 3.8 bn to health sector during March to fight coronavirus

The Egyptian Finance Ministry said on Wednesday that it has provided, since the beginning of March, funds totaling LE 3.8…
Ministers discuss settling faltering investor debts and automating customs in Egypt
Egypt

Ministers discuss settling faltering investor debts and automating customs in Egypt

During an economic ministerial meeting on Tuesday, Prime Minister Mostafa Madbouly discussed with CBE Governor Tarek Amer, Finance Minister Mohamed Maait…
Spending on health sector increases by 20% in first half of fiscal year 2019/2020: Finance Ministry
Business

Spending on health sector increases by 20% in first half of fiscal year 2019/2020: Finance Ministry

Egypt’s Ministry of Finance announced on Thursday that the first half of the fiscal year 2019/2020 witnessed a 20 percent…
Egypt’s Tax Authority head caught receiving bribes
Egypt

Egypt’s Tax Authority head caught receiving bribes

The Egyptian Administrative Control Authority on Friday arrested Abdel-Azim Hussein Abdel-Azim, head of the Egyptian Tax Authority, after he was…
The sixth “CEOs Thoughts 2019” conference to be opened by state-owned enterprises: Finance Ministers
Business

The sixth “CEOs Thoughts 2019” conference to be opened by state-owned enterprises: Finance Ministers

Both Ministers of State-owned Enterprises and Finance are set to open the sixth “CEOs Thoughts 2019” conference entitled: “Challenges of…
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