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Egypt’s FinMin closes legal loophole in calculating late income tax penalties
LEGISLATION WATCH- FinMin closes legal loophole in calculating late income tax penalties: The Finance Ministry has added a clause to…
Law
State commissioners back decision for 15% import duty on iron billets
DISPUTE WATCH- Gov’t gets backing on decision for import duty on iron billets: The Board of State Commissioners (BSC) has…
El Sisi ratifies law keeping stamp tax on Egypt’s stock transactions unchanged
President Abdel Fattah El Sisi has signed into law a recently-passed bill keeping the provisional stamp tax on EGX transactions…
Sidpec stake sale advisor to be announced “in days”
IPO WATCH- Sidpec stake sale advisor to be named “in days”: NI Capital will announce “in days” the winning bid…
Egypt’s administrative court turns down pending appeals to bring back iron tariffs
The administrative court has rejected all pending appeals to bring back a 15% import duty on iron billets, reports Masrawy.…
Justice Ministry committee adjourns Raya case against FRA to 22 Sep
DISPUTE WATCH- Raya’s case against the FRA adjourned to 22 September: The Justice Ministry’s dispute resolution committee has adjourned a…
Ernst & Young wins tender in ABE technology upgrade project
Ernst & Young has won a tender to act as financial advisor to the Agricultural Bank of Egypt (ABE) in…
Cabinet looks to resolve Simo privatization dispute under dispute resolution committee
The Madbouly Cabinet’s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization…
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