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
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
At Aswan Forum, Egypt’s FM urges reform of UN Security Council, finance bodies
Egyptian Foreign Minister Badr Abdelatty on Sunday called for the reform of international institutions, including the UN Security Council and global financial bodies, and an end to the policy of double standards in order to restore trust in the rules-based
Egypt launches project to upgrade export environment, streamline port procedures
Finance Minister Ahmed Kouchouk and Minister of Investment and Foreign Trade Hassan El-Khatib have announced the launch of a new project to modernise the work environment for export procedures at Egyptian ports. The initiative involves establishing advanced inspection and screening
Egypt seeks to strengthen economic, trade, and investment relations with Greece: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, affirmed the country’s commitment to strengthening bilateral cooperation with Greece, focusing on the exchange of expertise and policy dialogue in fiscal management, tax and customs system development, and joint investment promotion. Speaking during his
Egypt to provide EGP 90bn in financing facilities for key sectors at interest rates below 15% this fiscal year
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, together with Minister of Finance Ahmed Kouchouk, announced the continuation of the government’s initiative to support industrial, agricultural, and renewable energy sectors, aimed at encouraging the
Global rating agencies begin upgrading Egypt’s economic outlook: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, announced that Standard & Poor’s (S&P) has upgraded Egypt’s credit rating from “B–” to “B” for the first time in seven years, maintaining a stable outlook. The move, along with Fitch Ratings’ decision to