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Mohamed Maait

New FX VAT not applied for imports| FinMin

Businesses have the opportunity to settle their VAT payments in EGP if they are able to provide proof that the EGP given to the tax collector is equal to or above the value of the VAT within a month of the sale

Egypt & Bahrain sign 13 MoUs for bilateral cooperation

This came in the conclusion of the first meeting of the Egyptian-Bahraini Governmental Committee for Commercial, Economic, Scientific, and Technological Cooperation

Egypt aims to further diversify financing sources, incl. new FX and green bonds | FinMin

Egypt is looking to further diversify and aims to issue additional green, sustainable, and low-cost financing packages to provide financing for state projects to improve citizen's lives

Egypt, India consider trading with local currencies, possible entry to India’s stock market

Minister of Finance Mohamed Maait recently met with the Indian Ambassador to Cairo, Ajit Gupte, to discuss opportunities to bolster economic cooperation between the two countries

Finance ministry to fund health and education projects with $500M

This cooperation will contribute to diversifying funding sources, through innovative, diverse and more sustainable tools