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Egypt is getting a digital VAT drawback system
Tourists shopping in Egypt will soon be able to claim VAT drawback via a digital system prior to departure, the…
Egypt could liberalize gas prices for factories + Lebanon gas shipments to start later this year
Factories could see the prices they pay for natural gas change every 3-4 months if the government follows through on…
TONIGHT: The capital gains tax gets its day in (parliamentary) court + COP26 gets underway in Glasgow
It’s been an atypically busy Sunday, with some good news coming out of the state privatization program, the Finance Ministry…
Another Saqqara discovery
Another Saqqara discovery: A team from Cairo University has excavated in Saqqara the tomb of Ptah-m-Wia, the treasury head during…
Cairo Metro Line 1 is getting 55 new subway trains from Alstom
French train manufacturer Alstom will manufacture and supply 55 new trains for Cairo Metro Line 1 under a contract approved…
Fourth phase of export subsidy payout program to launch in November
The Finance Ministry will launch a fourth phase of its export subsidy program at the start of November, Finance Minister…
Supply Ministry downplays potential for bread subsidy cuts as global wheat prices rise
Bread prices may rise, but it will “take time”: The government is playing down the likelihood of an imminent increase…
EFG’s Valu + three Egyptian solar companies get nods
Three Egyptian companies made it onto Forbes’ 10 Sustainable Companies inMENA list: Solar EPC and financing company Cairo Solar, recycling…
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