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The Egyptian Tax Authority took to the airwaves to stress dispute resolution progress
It was a mixed bag on the airwaves last night, with no single story stealing the dominating the coverage. Egyptian…
Unemployment falls to 6.6% in 2024
Women’s total participation in the labour market reached 16.9% in 2024, a whole 1.0 percentage point jump from the year…
World Bank upgrades growth forecast to 3.8% for current fiscal year
The forecast is 0.3 percentage points above the 3.5% forecast in October
Kuwait mulls turning USD 4 bn of deposits into direct investments
The Gulf country aims to invest at least USD 2 bn by the end of 2025
A look through the state’s infrastructure spending targets for FY 2025-26
Much of the EGP 3.5 tn of total investments in the budget will go towards infrastructure-related sectors
Local banks rush to cut rates on savings following interest rate cut
The nation’s talking heads are picking up on banks moving to cut rates on their saving products as they react…
Sugar, training services to lose VAT exemption under FinMin plan
Next fiscal year’s budget expects taxing sugar to bring in some EGP 443 mn
IMF raises our growth forecast, despite regional downgrade
The IMF now sees the economy growing at 3.8% and 4.3% in 2025 and 2026
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