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Mohamed Maait

Egypt to disburse EGP 3B to 362 exporting companies| FinMin

The disbursement will be completed to the exporting companies benefiting from this stage in subsequent installments on July 11 and August 8.

Egypt successfully imported 28k eco-friendly vehicles as part of presidential initiative | FinMin

The government is footing a significant part of the bill for the new vehicles, providing participants with current-year models at below-market prices as well as a 7- and 10-year installment plan with a 3% flat annual interest rate

Value of electronic payment & collection services hits EGP 2.5tn in 11 months | FinMin

The electronic payment service's growth rate for workers' salaries in the country reached 24%, with a value of EGP 299.4 billion, compared to about EGP 242.2 billion for the same period in the last fiscal year.

Egypt achieves EGP 822B primary surplus during past 11 months

The total deficit decreased to 3.6% of the local output, instead of 6.1% in the previous fiscal year, the minister of finance indicated.

Egypt to obtain $1B loan from NDB by end of 2024 | FinMin

Maait stated that the loan is anticipated to be secured before the conclusion of 2024.