Finance Ministry

Egypt's Finance min.: Putting into effect tax income amendments to alleviate burdens on people

Sat, 01 Aug 2020 - 09:43 GMT

He said this will contribute to promoting justice with regard to taxes as tax slices would alleviated burdens on people.

Finance Ministry takes all needed precautionary measures against coronavirus

Tue, 17 Mar 2020 - 10:56 GMT

The ministry also sterilizes the building throughout the day.

Finance Ministry considers energy price reduction for factories

Mon, 13 Jan 2020 - 12:47 GMT

He said the government does not want the coming generations to bear the burdens borne by the current generations.

Sudan to postpone lifting of fuel subsidies: minister

Sun, 29 Dec 2019 - 10:53 GMT

Sudan’s transitional government is to postpone lifting fuel subsidies, initially planned as part of the 2020 budget, the information minister said on Saturday.

Finance Ministry auctions T-bills worth EGP 3.7 bln

Tue, 05 Nov 2019 - 10:22 GMT

The Ministry of Finance auctioned on Monday treasury bills at a total value of EGP 3.75 billion.

Finance Ministry denies imposing new tax on cigarettes, soft drinks

Wed, 16 Oct 2019 - 11:05 GMT

The ministry denounced these reports as baseless, saying the government is working to stabilize tax policies.

Cabinet denies raising income tax in new draft law

Thu, 26 Sep 2019 - 01:09 GMT

In a press release on Thursday, the center said it contacted the Finance Ministry, which categorically dismissed these reports as "baseless".

Finance Ministry: Collecting govt dues electronically at post offices

Wed, 31 Jul 2019 - 03:50 GMT

The move falls within the framework of the State's plan for digitization as part of Egypt's Vision 2030.

Finance Ministry dismisses reports related to fuel prices

Mon, 10 Jun 2019 - 11:29 GMT

The Finance Ministry denied the rumors that spread on social media about fuel prices hike in the coming period.

Suez Canal breaks records, transfers EGP 74 bln to state treasury

Sun, 09 Jun 2019 - 08:28 GMT

The Finance Ministry said Saturday the Suez Canal Authority has provided the state treasury with EGP 74 billion in the 2018/2019 fiscal year.

Citizens play principal role in preparing state budget: Finance ministry

Sat, 25 May 2019 - 02:23 GMT

The average citizen plays a principal role in preparing the state budget, a senior Finance Ministry official said on Saturday.

Citizens play principal role in preparing state budget: Finance ministry

Sat, 25 May 2019 - 01:13 GMT

The average citizen plays a principal role in preparing the state budget, a senior Finance Ministry official said on Saturday.

Egypt denies fake news spreading in 6 days

Tue, 19 Feb 2019 - 04:39 GMT

The information Center of the cabinet revealed that twelve rumors speeded on social media during six days.

Finance Ministry banking delegation in talks over taxes on treasury bonds

Wed, 13 Feb 2019 - 09:48 GMT

The Finance Ministry will discuss the parliament's approval of amendments to some provisions of the Income Tax Law no. 91 of 2005.

Egypt picks banks to manage international bond issues

Mon, 28 Jan 2019 - 09:53 GMT

Egypt has decided that Goldman Sachs, JP Morgan, HSBC and Citi Bank will manage the dollar-denominated bond issue, the ministry said in a statement.

Finance Ministry auctions LE 18.7B T-bills

Thu, 04 Oct 2018 - 02:35 GMT

It also auctioned 357-day T-bills, worth LE 9.2 billion with an average yield of of 19.6 percent, the ministry said.

Electronic payment of governmental duties turns compulsory

Sun, 16 Sep 2018 - 09:36 GMT

In case of resorting to cash, citizens will be fined up to LE10,000 ($562) to cover ensuing expenses.

LE1.5B to fund 1st, 2nd phases of lightning streets: Ministry

Sun, 17 Jun 2018 - 12:39 GMT

The venture will be implemented in cooperation between the Local Development and Electricity Ministries besides the Arab Organization for Industrialization.

Sneak Peak: Sources reveal new ministers ahead of oath taking

Thu, 14 Jun 2018 - 10:08 GMT

High profile sources revealed the names of a number of five new ministers who will take the oath on Thursday before President Abdel Fatah al-Sisi.

Finance ministry auctions T-bills worth LE 15bn

Sun, 27 May 2018 - 01:46 GMT

The yield ranged between 19.279 percent and 18.5 percent.

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