Real Estate Tax Law Will Soon be Finalized: Finance Ministry

• Tuesday, 12th February 2019
• by Invest Gate

The Ministry of Finance announced on February 10 that the proposed amendments to the current real estate tax law will soon be finalized.

Three Consortiums Vie to Develop Dry Port in West Cairo

• Monday, 11th February 2019
• by Invest Gate

The Egyptian finance ministry has revealed that three international consortiums are competing to win a contract for the construction of a dry port, west Cairo, with investments expected to exceed USD 100 mn.

Egypt Revenues Leap 35.5% in Q1 FY2018/19: Minister

• Monday, 26th November 2018
• by Invest Gate

Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%

Egypt’s Budget Deficit Records EGP 259 bn in 8M

• Thursday, 28th June 2018
• by Invest Gate

Egypt’s Ministry of Finance (MoF) announced that the state’s budget deficit has surged by 14.2% year-on-year (Y-o-Y) in the first eight months of FY 2017-18

Egypt Disburses EGP 1.5 bn to Install Energy-Saving Street Lights

• Wednesday, 20th June 2018
• by Invest Gate

Egypt’s Ministry of Finance (MoF) announces a disbursement of EGP 1.5 bn to fund the first and second phases of its plan to displace the country’s street lights by energy-saving bulbs

Egypt To Lower Customs Exchange Rate To EGP 16 For September

• Tuesday, 29th August 2017
• by Farah Montasser