Egypt to analyse 3.5 billion e-invoices, receipts to boost economy, service quality: Finance Minister
Finance Minister Ahmed Kouchouk said that Egypt is ready to deploy artificial intelligence tools to fully capitalise on its digitised tax and public finance systems. He noted that the ministry now holds 3.5 billion electronic invoices and receipts that it
Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)
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