CAIRO – 4 July 2022: The directives issued by President Abdel Fattah El Sisi to support local industries would help improve the products’ quality and attain increase in production, affirmed Finance Minister Mohamed Maait. The minister’s...اقرأ المزيد
CAIRO – 24 February 2022: Egypt is racing against time to shift to the digital economy, in a way that contributes to facilitating the business community and stimulating investment, according to the Minister of Finance Mohamed Maait. Maait elaborated...اقرأ المزيد
CAIRO – 17 November 2021: Minister of Finance Mohamed Maait said on Wednesday that Egypt has started harvesting the fruits of customs digitization and modernization projects. In press statements, he added that this will help Egypt turn into an international...اقرأ المزيد
Finance Minister Mohamed Maait decided on Friday to appoint Reda Abdel Kader Gharib as the head of the Egyptian Tax Authority. The authority said in a statement that the minister’s decision came after a presidential decree no. 357/2021 on extending...اقرأ المزيد
Prime Minister Mostafa Madbouli highlighted the role of the digital transformation system in improving services provided to citizens in various sectors, pointing out to the State’s efforts to develop government headquarters and expand the use of...اقرأ المزيد
The US ambassador to Cairo, Jonathan Cohen, said that American companies have injected investments in Egypt amounting to $1.5 billion by 2020. The ambassador affirmed his aspiration to increase US investment flows in Egypt to reach $2 billion this year,...اقرأ المزيد
Egypt and South Korea are keen to develop relations in all fields, in light of the growing volume of Korean investments in the country, according to Minister of Finance Mohamed Maait. Maait stressed during his meeting with the South Korean ambassador...اقرأ المزيد
Egyptian President Abdel Fattah El-Sisi ordered enhancing the reliance of clean energy and strengthening the efforts to localize industry so as to decrease importing, in a meeting with the prime minister and other ministers. Sisi highlighted the need...اقرأ المزيد
Egypt will receive the last tranche of its $5.2 billion loan from the International Monetary Fund (IMF) before the end of June, Minister of Finance Mohamed Maait suggested in remarks to Egypt Today. The value of the tranche is $ 1.6 billion. After the...اقرأ المزيد
Prime Minister Mostafa Madbouli has given on Wednesday directives to start the pilot operation of a new garbage collection system in 4 governorates. This came during his meeting with Finance Minister Mohamed Maait, Local Development Minister Mahmoud Shaarawy,...اقرأ المزيد