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, …
Mohamed Maait
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Gaza NEWSPolitics
UN Senior Humanitarian and Reconstruction Coordinator for Gaza Holds Meetings with Several Egyptian Ministries
by Nada Khaledby Nada KhaledSigrid 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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EconomyHighlights
Egyptian Gov’t to Issue Enhanced Social Protection Package
by Mona Yousefby Mona YousefEgypt’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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EconomyHighlights
Egypt Will Represent Africa at 8th Annual Meeting of AIIB in Sharm El-Sheikh
by Nada Khaledby Nada KhaledThe 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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News
Egypt’s Parliament Ratifies Increase in Tax Exemptions of Annual Income Tax
by Nada Khaledby Nada KhaledThe 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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News
Maait: Egypt’s Economy Remains Steadfast Amid Severe Global Economic Challenges
by Nada Khaledby Nada KhaledThe 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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News
Finance Minister: Cars Replacement Initiative Spearheaded in 15 Governorates in 2 Years
by nevineby nevineFinance 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 …
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Prime Minister Mostafa Madbouli has emphasized the necessity of continued follow-up of projects that are being implemented to provide suitable housing units for various segments of citizens nationwide, especially those …