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‘Egypt’s Awqaf authority achieves highest revenues in August’

by Gazette Staff
September 2, 2022
in Egypt
Awqaf Minister Mohamed Mokhtar Gomaa

Awqaf Minister Mohamed Mokhtar Gomaa

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CAIRO – Egypt’s Awqaf Authority achieved the highest revenues in August compared to the same month in the previous year, Awqaf Minister Mohamed Mokhtar Gomaa said Friday.

The authority’s revenues and profits registered EGP 149,852,350 in August, an increase of about 22.2 percent compared to the same month in FY 2021/2022, noted the minister.

The minister, meanwhile, said that the authority’s revenues and profits hit EGP 283,876,921 from July 1 until August 31, 2022, with an increase of about 27.5 percent compared to the same period in FY 2021/2022.

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