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Mohamed Maait

Annual revenue rates up 14.6% despite pandemic: FinMin

Egypt was able to see a LE 25 billion initial surplus during that first 9 months of the fiscal year said Maait

FinMin warns companies of coming e-invoice deadline and penalities

Companies that miss the deadline will face penalties, Maat pointed out

State revenues up 16%, deficit down to 3.6%: FinMin

Public revenues represent 7 percent of Egypt’s GDP, with LE 334.3 billion coming from tax revenues which has seen a 9.9 percent annual growth rate

Draft Customs Law up for dialogue for next 2 weeks: FinMin

The new customs law draft has been published on the ministry’s and the Custom Authority’s websites to allow for open dialogue and suggestions from the business community

Egypt will not apply new taxes due to new minimum wage: FinMin

The Minister of Finance stated that the cost of the increase in the wages of state employees in next year's budget represents LE 37 billion