CBE Gets Go-Ahead to Extend EGP 30 bn for Extra Social Housing

The Central Bank of Egypt (CBE) has been given the green light to extend EGP 30 bn, partly borne by the finance ministry, for subsidizing the execution of 250,000 social housing units nationwide until 2023.

Gov’t Guarantees EGP 3 bn to Cover Tourism Funding

The Central Bank of Egypt (CBE), in cooperation with the finance ministry, will provide EGP 3 bn worth of credit guarantees to the tourism sector, under the EGP 50 bn tourism support program.

Finance Ministry Rolls Out E-Taxation System

Egypt's finance ministry has kicked off a comprehensive national project for the automation and digitization of tax administration and procedures, coming jointly with IBM, SAP, Ernst & Young (EY), among other loca ...

PPP Act Amendments Passed to State Council for Review

Egypt's finance ministry has finalized proposed amendments to few provisions of the public-private partnership (PPP) act, which were already ratified by the cabinet and passed to the State Council for legal review ...

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