Egypt’s achievements in digital transformation offer an exceptional opportunity for strong investment in artificial intelligence.

Artificial intelligence plays a powerful role in boosting productivity and revenues, reducing costs, and improving the quality of services.
The continuous development of the accounting and auditing profession is a strategic investment in our economy and its competitive capabilities.
We will keep advancing to ensure tax services that are more efficient, simpler, and more supportive of the business community and the Egyptian economy.
We stand ready to deploy AI tools to maximize the benefits of automated tax and public financial systems.
With 3.5 billion electronic invoices and receipts, we are looking to deepen our analytical capabilities to generate real economic value and enhance service quality.
We value the recommendations of accounting and auditing experts, and we are fully open to ambitious ideas—supported by strong incentives and institutional backing.
We aim to launch exceptional and ongoing training and qualification programmes and build local and international partnerships to uplift the accounting and auditing profession.
I am truly pleased with the genuine desire I have seen from everyone to develop, modernize, and open up to the world.

 

 

During his participation in the “Future of the Accounting and Auditing Profession in Egypt in the Age of AI” conference, organized by the Egyptian Society of Accountants and Auditors, Minister of Finance Ahmed Kouchouk affirmed that the government is committed to collaborating with all stakeholders to leverage the massive data wealth enabled by automation and digital transformation, for the benefit of the economy and citizens.

 

He noted that Egypt’s progress in digital transformation represents an exceptional opportunity to make strong, targeted investments in artificial intelligence.

 

Kouchouk explained that AI significantly supports higher productivity and revenue growth, reduces operational costs, and improves public services. He stressed that the continuous advancement of the accounting and auditing profession is a vital investment in the economy and its competitiveness, adding that the ministry will continue to upgrade its tax services to make them more efficient, user-friendly, and supportive of business activity and economic growth.

 

The Minister highlighted the readiness of the Ministry of Finance to integrate AI tools to maximize returns from automated tax and public finance systems. He underscored that Egypt now has 3.5 billion electronic invoices and receipts, which the ministry aims to analyze more deeply to produce insights that benefit the economy and elevate service quality.

 

Kouchouk added that the Ministry is highly attentive to the recommendations of accounting and auditing experts. It remains very open to ambitious ideas and fully prepared to provide incentives and institutional support. He emphasized the government’s intention to introduce exceptional and continuous training and qualification programmes, alongside forming local and international partnerships to advance the profession.

 

Concluding his remarks, the Minister said he was “very pleased with the strong desire I have seen from everyone to pursue development, modernization, and global engagement.”