Latest News for: Egyptian finance

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Egypt’s International Cooperation Minister calls for innovative financing to tackle climate change, debt at G24

Daily News Egypt 18 Apr 2024
Moreover, the Egyptian minister called for a financing model that incentivizes addressing all eight global challenges identified by the World Bank, including climate change, fragility, health emergencies, and food security.
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Egypt Aims to Empower the Private Sector to Capture Over 70% of the Market

Egyptian Streets 17 Apr 2024
The Egyptian Minister of Finance, Dr ... will be enhanced, highlighting the importance of Ras Al-Hekma deal, which reflects the capability of the Egyptian economy to attract more investment inflows.
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Egypt’s Minister of International Cooperation, JICA meet during spring meetings

Egypt Today 16 Apr 2024
... reforms, enhancing the competitiveness of the Egyptian economy, developing the private sector, and supporting efforts to transition to a green economy, through financing development policies.
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Banks, companies contribute EGP 68.85bn to mortgage finance initiative for low-income individuals in Q1 2024

Daily News Egypt 16 Apr 2024
The Egyptian Housing Finance Company provided EGP 43.042m to 429 clients, Ahly United extended EGP 19.973m to 200 clients, and the Arab African International Company financed EGP 12.211m for 109 clients.
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Maait talks about int’l applause for Egypt’s economic indicators

Egypt Independent 15 Apr 2024
Finance Minister Mohamed Maait said there is an international praise for the success of the Egyptian economy in achieving indicators over the past nine months better than what was targeted despite the tough consequences of global and regional crises.
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Egyptian Finance Minister reveals release of goods valued higher than USD8B

MENA FN 14 Apr 2024
(MENAFN) In a statement issued today, Friday, Egyptian Finance Minister Mohamed Maait revealed that the country's customs department has released goods valued at more than USD8 billion since the ... .
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Finance Minister: State to prioritize human development in next 6 years

Egypt Independent 14 Apr 2024
... education will be boosted, in order to accomplish the strategy of building the Egyptian personality, the minister said in a statement issued by the Ministry of Finance on Saturday 13/04/2024.
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Contact Financial Holding Recognized as a top FinTech firm in the Middle East

Daily News Egypt 08 Apr 2024
This recognition highlights the company’s prominent role in providing innovative and unconventional consumer and corporate finance solutions. Since its establishment in 2001, Contact Financial Holding has become a leader in the Egyptian market.
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Egypt strives to lower public debt ratio to 80% by mid-2027: Finance Minister

Daily News Egypt 07 Apr 2024
Finance Minister Mohamed Maait has announced the commencement of a pivotal phase in Egypt’s development and construction journey under President Abdel Fattah Al-Sisi ... The Finance Minister underscored ...
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Maait: Presidential priorities clear in New Republic to address Egypt economy

Egypt Independent 06 Apr 2024
He pointed out that Egyptians share with investors the burden of financing to reduce production costs, stimulate exports, and sustain economic growth, explaining the continuation of the initiative to ...
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Egypt sets deadline for tax-free car import initiative in April 29: Finance Minister

Egypt Today 04 Apr 2024
The deadline for the tax-free initiative for Egyptian expats to import cars is April 29, Minister of Finance, Mohamed Maait announced ... from Egyptians abroad, amounting to $750 million. .
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Egypt’s real GDP growth to rise to 4.9 percent for FY2024/2025, Goldman Sachs

Egypt Today 04 Apr 2024
The note praised Egyptian authorities’ relatively strong record, highlighting the Ministry of Finance’s ability to consistently achieve a primary budget surplus over the past 6 years, averaging 1.3 percent of the country’s GDP.
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