Egypt's budget sees $4.9bn surplus in 6 months
RIYADH: Egypt’s budget attained a primary surplus of 150 billion Egyptian pounds ($4.9 billion) during the second half of 2023, the country’s top finance…
Source: biztoc.com
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Egypt Rolls Out Tax Incentives for Green Hydrogen Production
Egypt is offering tax exemptions ranging from 33 percent to 55 percent on income generated from green hydrogen projects set to commence production over the next five years, according to Egyptian Minister of Finance Mohamed Maait. Speaking at the Turkish-Arab Economic Forum in Istanbul on Wednesday, 10 November, Maait told attendees that there is an
Source: egyptianstreets.com
National Dialogue warns against unsustainable public debt - Economy - Business
Abdel Fattah El-Gebaly, assistant rapporteur of the Public Debt Committee at the National Dialogue, warned that Egypt's public debt has reached 113 percent of gross domestic product and risks becoming unsustainable
Source: ahram.org.eg
National Dialogue warns against unsustainable public debt - Economy - Business
Abdel Fattah El-Gebaly, assistant rapporteur of the Public Debt Committee at the National Dialogue, warned that Egypt's public debt has reached 113 percent of gross domestic product and risks becoming unsustainable
Source: ahram.org.eg
Parliament Ratifies USD 308 Million Japanese Loan for Universal Health Insurance
The Egyptian House of Representatives ratified a JPY 44 billion (USD 308 million, EGP 9.5 billion) loan agreement with the Japanese International Cooperation Agency (JICA) on 21 June to help fund Egypt’s universal health insurance program. The loan will complete its disbursement by July 2024 and be repaid over 15 years at 0.01 percent interest.
Source: egyptianstreets.com