Arab Republic of Egypt
Sunday, 18 October 2026
Media & Publishing

Media Center

News, Press Releases, and Visual and Audio Materials from The Ministry of Finance

Press Release

At the Closing Session of CAISEC 2026: Minister of Finance Launches Initiative to Partner with Startups in Developing Smart Tax and Customs Solutions


Kouchouk: Artificial Intelligence Will Help Simplify Tax Procedures and Improve Taxpayer Services

Ahmed Kouchouk, Minister of Finance, announced a new initiative to collaborate with startups and entrepreneurs in developing innovative technology-driven solutions aimed at improving tax and customs services, affirming the Ministry’s openness to creative ideas and smart technologies that can enhance government performance and facilitate services for citizens and investors.

 

Speaking during the closing session of CAISEC 2026, moderated by media personality Osama Kamal, Kouchouk said that investment in technology is ultimately an investment in the future and a key driver of a more competitive and faster-growing economy.

 

He stressed the importance of leveraging technological advancements to simplify procedures and deliver better services to both investors and citizens.

 

The Minister noted that the Ministry of Finance is working to integrate artificial intelligence applications into tax and customs operations to streamline procedures, improve service delivery, and enhance taxpayers’ overall experience.

 

Kouchouk emphasized that cybersecurity remains a fundamental pillar of the government’s digital transformation agenda, highlighting the Ministry’s commitment to implementing the highest standards of security and protection to safeguard the data of the state, taxpayers, and investors, while ensuring the integrity of digital transactions.

 

He added that the Ministry is moving forward with efforts to build simpler and more modern tax and customs systems that are better suited to the needs of entrepreneurs and startups, revealing plans to launch a new mobile application in the coming period to facilitate access to the recently introduced real estate tax incentives package.

 

The Minister also pointed to the strong performance of Egypt’s technology sector, describing it as one of the country’s fastest-growing sectors over the past five years.

 

He noted the continued growth of service exports and emphasized that significant opportunities remain for further expansion within the digital economy.

 

Expressing confidence in the capabilities of Egyptian youth, Kouchouk said that major challenges require unconventional solutions and that startups and entrepreneurs are often best positioned to provide innovative answers to complex development challenges.

 

He concluded by reaffirming the Ministry’s commitment to engaging with the startup ecosystem and supporting technological innovation, stressing that collaboration between government and entrepreneurs can play a vital role in improving public services and advancing Egypt’s broader economic development goals.

 

   
Browse alsoMinister of Finance Meets HSBC Group CEO in London Egyptian Economy Continues to Perform Well Despite Global Challenges
Next article

Need Help?

Our team is ready to assist you with all your financial and administrative inquiries

FAQContact Us
At the Closing Session of CAISEC 2026: Minister of Finance Launches Initiative to Partner with Startups in Developing Smart Tax and Customs Solutions