This comes as part of the government's efforts to resolve all financial disputes, el Saeed added.
Many Egyptian mothers ended up being in prison because of them being the sole breadwinner of the family.
Deputy Governor of the Central Bank of Egypt (CBE) Lobna Helal announced that deposits of Arab countries in the bank amount to $17 billion.
The first phase of the government’s IPO program includes additional stake sales of five State-Owned Enterprises (SOEs).
The minister added that debts to foreign companies are set to be fully paid by the end of 2019, hoping to pay them sooner.
The repayment is a part of a bi-annual installment owed to the group, usually paid in January and July.
The figure is well less than $6.3 billion recorded in 2013.
The company's liquidity stood at LE 5.02 billion, while net debts reached LE 18.9 billion.
A wrap-up for the most prominent business news of the day.
The government has agreed on the deferral of debts owed by the tourism sector in the governorates of South Sinai, Luxor and Aswan.
The company wants to repay between LE 700 million and LE 1 billion of its debt in 2018
The Ministry of Petroleum is in debt to foreign oil companies operating in Egypt. By June, the receivables to foreign partners had reached $2.3 billion.
Egypt plans to issue a third round of Eurobonds at a total value of $3-4 billion in the first quarter of 2018.
The slowdown of the Chinese economy and higher global interest rates contributed to the decline in Africa’s economic growth.
Egypt will extend $2.7 billion currency swap agreement with China.
Liberty House says it will pump A$1.26 billion (£0.77 billion) into steel-making capacity in Australia to meet the demands of a decade-long infrastructure.
Governor of Egypt’s Central Bank (CBE) Tarek Amer said on Monday that Egypt is regularly and annually paying all its debts.
El-Molla says Egypt paid $ 2.2 billion to international oil firms in June.