Climate finance must be fairer for emerging economies: Finance Minister
Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use of guarantees, blended-risk structures, and hedging instruments to unlock private
Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister
Finance Minister Ahmed Kouchouk affirmed that the government remains committed to directing a substantial portion of proceeds from major investment deals toward reducing public debt. He noted that Egypt has successfully cut budget-sector debt by about 10% of GDP over
Second package of tax facilitation measures to be launched this November: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the government will launch the second package of tax facilitation measures in November 2025, building on progress achieved in strengthening the “partnership and certainty” framework with investors. He noted that the government implemented
Gold, silver commemorative coins to be issued at Grand Egyptian Museum: Finance minister
Minister of Finance Ahmed Kouchouk announced that gold and silver commemorative coins will be available for purchase at the Grand Egyptian Museum (GEM) starting next week. He noted that the ministry is fully prepared to issue a number of exclusive
Ministers highlight unified efforts to promote Egyptian civilization with GEM’s opening
Egypt’s Ministers of Finance, Communications, and Tourism affirmed ongoing cooperation among national authorities to promote Egypt’s ancient civilization and celebrate its remarkable heritage in conjunction with the official opening of the Grand Egyptian Museum (GEM). Finance Minister Ahmed Kouchouk, Communications
Finance Ministry introduces new VAT facilitations to support taxpayers
Minister of Finance Ahmed Kouchouk has issued two ministerial decrees introducing new facilitations for taxpayers under the Value Added Tax (VAT) system, aiming to strengthen trust, partnership, and tax certainty between the government and the business community. The first decree
Egypt extends EGP 50bn hotel financing initiative by six months to boost tourism capacity
Minister of Finance Ahmed Kouchouk and Minister of Tourism and Antiquities Sherif Fathy announced that the Cabinet has approved a six-month extension of the EGP 50bn financial facilitation initiative, effective from 20 October 2025. The initiative is designed to expand
Private sector leads Egypt’s investment with 73% growth, says finance minister
Private sector investments in Egypt grew by 73% during the last fiscal year, Egyptian Finance Minister Ahmed Kouchouk said, adding that the private sector is now leading investment in the country. Speaking at a virtual meeting with investors organised by
Egypt calls for stronger role of multilateral development banks in cutting financing costs: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, has said that Egypt looks forward to a stronger role for multilateral development banks and international financial institutions in reducing financing costs for member states and the private sector. Speaking on the second day
Egypt’s Finance Minister calls for new mechanisms for sustainable debt management
Egyptian Finance Minister Ahmed Kouchouk has called for the creation of new mechanisms for sustainable debt management in low and middle-income countries and the reform of the global financial structure to turn debt into opportunities for investment and development. Speaking