Egypt aims for an initial surplus of 3.5 per cent in the general budget for fiscal year …
Egypt’s Minister of Finance Mohamed Maait
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Flexible macroeconomic risk management helps Egypt contain shocks – Maait
by Sama Mousaby Sama MousaMoody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed Maait said …
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Egypt to increase spending on education, health in ’24-25 budget
by Sama Mousaby Sama MousaEgyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives of …
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AIIB to provide additional $1bn financing for Egypt’s private sector: minister
by Nada Aliby Nada AliEgyptian Finance Minister Mohamed Maait said on Tuesday that the Asian Infrastructure Investment Bank (AIIB) will provide …
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Egypt to boost economic relations with Hong Kong – minister
by Sama Mousaby Sama MousaEgypt is set to boost its economic relations with Hong Kong, said Egyptian Minister of Finance Mohamed …
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Egypt settles $52bln in foreign debts over past 2 FYs: Finance Minister
by Nada Aliby Nada AliEgypt has settled $52 billion of its foreign liabilities during the previous two fiscal years (FYs) 2022/2023 …
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Egypt Minister of Finance expects to raise $2bn foreign funds before end of 2023
by Nada Aliby Nada AliEgypt’s Minister of Finance Mohamad Maait said on Thursday that new additional finance – unlike the rollout …
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Egypt seeks to attract more South Korean investments – minister
by Nada Aliby Nada AliEgypt’s Minister of Finance Mohamed Maait said during his meeting with South Korean Ambassador to Cairo, Kim …
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Egypt achieves primary surplus in FY 2022/2023 – minister
by Nada Aliby Nada AliEgypt has achieved a primary surplus of 164.3 billion Egyptian pounds, equivalent to 1.63 percent of the …
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Egypt’s economy might grow 4.2% in FY 2023/24 – Morgan Stanley
by Sama Mousaby Sama MousaEgypt’s economy and gross domestic product (GDP) to grow 4.2 percent in the current fiscal year (FY) …