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A Fourteen Percent Rise, Over Ten Months

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A Fourteen Percent Rise, Over Ten Months

This article records tradition as it has been passed down and reported. Its sources are not yet part of the atlas's verified catalogue.

Awqaf Minister Mohamed Mokhtar Gomaa told the Middle East News Agency that the Authority's revenues from 1 July 2022 to 30 April 2023, a ten-month span within one Egyptian fiscal year, reached 1,842,636,703 Egyptian pounds, about 14 percent higher than the same ten-month period a year earlier. The figure is precise to the pound, but it covers ten months rather than a full fiscal year, so it cannot be read as an annual total without adjustment.

Egypt's waqf revenue reaches the public mainly through periodic ministerial statements covering partial fiscal-year spans like this one, rather than through a routinely published audited annual report, a disclosure pattern that gives the public dated snapshots of growth rather than a continuous account of the Authority's finances over time.

No consolidated valuation of the total value of Egypt's waqf land and buildings, as distinct from the Authority's reported revenue, is publicly available, so the 14 percent growth figure describes income performance over ten months rather than the scale of the underlying property generating that income across the country as a whole.

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