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Finance Minister Mohamed Moeit

Finance Ministry provides EGP 10.2bn as urgent allocations in different sectors

The Minister of Finance, Mohamed Moeit, approved on Tuesday EGP 10.2bn as urgent allocations for both months January and February, to the General Authority for Supply Commodities (GASC), the Egyptian National Railways (ENR), the General Authority for Health Insurance (GAHI), and the National Media Authority (NMA). “The allocations included EGP 8bn for the GASC, which …

Daily News Egypt

ETA, Uber Egypt agree on mechanism to collect VAT: Finance Minister

The Minister of Finance, Mohamed Moeit, announced that an agreement was reached between representatives of the Egyptian Tax Authority (ETA) and Uber Egypt to collect the value added tax (VAT) from the tech firm in application of the provisions of Law No 67 of 2016. Moeit said that the agreement comes as result of the …

Daily News Egypt

Finance Minister Mohamed Moeit

IMF approves $2bn loan tranche to Egypt: Minister of Finance

The Executive Board of the International Monetary Fund (IMF) approved the disbursement of $2bn to Egypt as the fifth tranche of its $12 loan, the Minister of Finance, Mohamed Moeit, announced on Monday. So far, Egypt has received $10bn from the extended $12bn loan facility signed in 2016. Moeit said that Egypt is expected to …

Daily News Egypt

Finance Minister Mohamed Moeit

Establishing first museum of commemorative coins, historical publications at Egyptian Mint

Minister of Finance Mohamed Moeit, inspected the equipment for the establishment of the first museum of commemorative coins in Egypt, which contains a collection of historical publications that have been in circulation since the establishment of the Egyptian Mint in 1950. The museum includes various categories of coins, which represent the history of the Egyptian state …

Daily News Egypt