The House of Representatives in Egypt has recently sanctioned a new budget for the fiscal year 2024/2025. According to Finance Minister Mohamed Maait, this budget will result in a 29% …
Mohamed Maait
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Egypt’s Finance Minister, Mohamed Maait, outlined a multi-pronged approach to achieve economic stability and sustainable growth. The strategy prioritizes fiscal discipline, targeted social investment, and gender equality. In this regard, …
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Gaza NEWSPolitics
UN Senior Humanitarian and Reconstruction Coordinator for Gaza Holds Meetings with Several Egyptian Ministries
Sigrid Kaag, the UN Senior Humanitarian and Reconstruction Coordinator for Gaza, recently concluded a two-day visit to Egypt. During her visit, she held meetings with distinguished officials, including Sameh Shoukry, …
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Egypt’s Finance Minister, Mohamed Maait, stated that the Egyptian government mulls upgrading an all-inclusive social protection package to include wage and pension adjustments and an increase in the tax exemption …
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The Ministry of Finance has recently released a statement revealing that Egypt will be representing Africa at the upcoming eighth annual meetings of the Asian Infrastructure Investment Bank (AIIB), to …
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The Egyptian parliament approved new amendments to the Income Tax Law no.91/2005 to raise annual income tax exemption to EGP 36,000 from EGP 24,000.The bill also stipulates that individuals whose …
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The Egyptian economy remains steadfast amid severe global economic challenges, which cast their shadows on all countries, especially developing nations and emerging economies, Minister of Finance Mohamed Maait said. Maait …
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Finance Minister Mohamed Maait said the presidential initiative for replacing old cars has been spearheaded in 15 governorates since its launch two years ago. In a statement by the Finance …
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Egyptian President Abdel Fattah El-Sisi has given directions to increase the annual income tax exemption to EGP 36,000 from EGP 24,000, according to the Egyptian Presidency. The President’s directives are …
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Egypt is looking to add eight more state-owned enterprises to its list of 32 companies to be listed under the government’s initial public offering program, according to the Minister of …