Ministry of Finance
Egypt allocates US$300mn to import diesel fuel
Egypt
May 16, 2011
Egypt allocates US$300mn to import diesel fuel
Egypt's Ministry of Finance on Sunday approved the allocation of US$300 million for the Petroleum Public Authority (PPA) to finance…
Documents implicate former finance minister in bonuses scam
Egypt
March 30, 2011
Documents implicate former finance minister in bonuses scam
Former Finance Minister Youssef Boutros-Ghali designated a special budget for paying ministry personnel bonuses and incentives in violation of the…
Experts demand reconsideration of income tax law
Business
March 4, 2011
Experts demand reconsideration of income tax law
Tax experts and officials called for the reconsideration of Egypt’s fixed income tax law (Law 91/2005), which was put in…
Ministry of Finance moves toward electronic payment of government fees
Egypt
October 10, 2010
Ministry of Finance moves toward electronic payment of government fees
The Egyptian Ministry of Finance is negotiating with approximately 18 banks to electronically collect 100% of dues from taxes and…
Public-private partnership regulations to be issued in September
Business
August 23, 2010
Public-private partnership regulations to be issued in September
The Finance Ministry's Public-Private Partnership (PPP) Central Unit has finalized draft regulations for proposed legislation governing partnerships between the public…
Finance Ministry delays subsidy restructuring
Business
May 6, 2010
Finance Ministry delays subsidy restructuring
The Egyptian government will postpone its plan to restructure subsidies for principle commodities due to the Ministry of Finance's refusal…
10,000 construction jobs at risk
Business
February 27, 2010
10,000 construction jobs at risk
The jobs of 10,000 workers at the Egyptian Contracting Company (formerly known as Mokhtar Ibrahim) are under threat due to…