Tax revenues surge 30.8% in first eight months of FY 2025/26: Finance Ministry
The Ministry of Finance announced that tax revenues rose by 30.8%, equivalent to EGP 380.3bn, during the first eight months of FY 2025/2026, bringing total collections to EGP 1.614trn, compared to EGP 1.234trn in the same period of the previous
Mobile app for real estate tax services to launch mid-April: Finance Minister
Egypt’s Finance Minister Ahmed Kouchouk announced that a mobile application offering a full suite of real estate tax services will be launched in mid-April, enabling users to complete processes electronically; from registration through to payment. Speaking during an open discussion
Citizen Bond to be re-offered through post offices in coming days: Finance Minister
Egypt’s Minister of Finance, Ahmed Kouchouk, announced that the “Citizen Bond” will be re-offered through post offices nationwide in the coming days, following strong demand during its initial issuance. Kouchouk said the first tranche of the bond attracted significant interest
Planning, finance ministers coordinate on FY2026/27 investment plan, state budget
Ahmed Rostom, Minister of Planning and Economic Development, held a coordination meeting with Ahmed Kouchouk, Minister of Finance, to discuss preparations for the investment plan and state budget for the 2026/2027 fiscal year, underscoring the integrated approach between the two
Al-Sisi orders social support package ahead of Ramadan, reviews fiscal reform agenda
Egypt will roll out a new social support package this week to assist vulnerable and low-income groups ahead of the high-demand Ramadan season, the Egyptian Presidency announced on Saturday. During a meeting with Prime Minister Mostafa Madbouly and Finance Minister
Yield on Egypt’s international bonds falls to 4% amid strong market performance: Finance Minister
Minister of Finance Ahmed Kouchouk said that risks related to Egypt’s public debt have declined, driven by growing investor confidence in the country’s economic trajectory and improving macroeconomic indicators. He noted that Egypt’s strong performance in international markets has contributed
Strengthening partnership with Harvard to invest in young leaders, boost global competitiveness: Finance Minister
Ahmed Kouchouk, Minister of Finance, affirmed the Ministry’s continued commitment to strengthening the capabilities of Egyptian students at leading international universities. He highlighted ongoing efforts to expand local and international training programmes and increase access to advanced initiatives across a
Real GDP growth projected to reach 6.2% by FY 2029/30: Finance Ministry
Egypt’s real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the Ministry of Finance. In its Medium-Term Fiscal Strategy covering FY
Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week
The Ministry of Finance announced that it will offer eight treasury bill and bond tenders this week with a combined value of EGP 190bn, as part of its ongoing financing plan. The offerings include four treasury bill tenders worth EGP
Concessional financing offered to first 100,000 taxpayers joining simplified tax system
Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses expand. Speaking during a Monday