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Egypt agrees to set 0.25% healthcare tithe for tourism companies on commission earned
Gov’t agrees to set 0.25% healthcare tithe for tourism companies on commission earned: The government has agreed to calculate the…
Baheya Foundation to establish EGP 880 mn in Sheikh Zayed
The Baheya Foundation for Early Detection and Treatment of Breast Cancer is planning to establish a new EGP 880 mn…
FEI pushing for taxation on profit instead of revenue in Universal Healthcare Act
Business lobby proposes 1% surtax on net profit to fund healthcare system: The Federation of Egyptian Industries Tax and Customs…
Government considering making healthcare tithe on profits not revenues
EXCLUSIVE- FinMin considers making the 0.25% healthcare tithe on net profit, not revenue: The government is mulling whether to amend…
Cleopatra completes acquisition of El Katib, moves ahead with Queens
M&A WATCH- Cleopatra completes acquisition of El Katib, adds 100 beds: Cleopatra Hospitals Group (CHG) has completed its acquisition of…
Earnings watch: Cleopatra, Beltone Financial report 2018 results
EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn, up…
Germany’s Hospinorm plans to enter Egyptian market, invest EGP 600 mn
INVESTMENT WATCH- German healthcare project developer Hospinorm is planning invest some EGP 600 mn as it enters the Egyptian market,…
Egypt parliament looking to make 0.25% healthcare tithe tax-deductible
LEGISLATION WATCH- House looking to make 0.25% healthcare tithe tax-deductible: The House of Representatives is set to discuss within the…
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