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Cigarette prices in Egypt could rise in October on the back of a tax increase
EXCLUSIVE- Cigarette prices could rise in October on the back of a sin tax increase: The prices of cigarettes may…
Madbouly Cabinet approves Traffic act
CABINET WATCH- Madbouly Cabinet approves Traffic Act: The Madbouly Cabinet signed off on amendments to the Traffic Act that would…
Arrears owed by Egypt to IOCs fall to USD 900 mn
Arrears to IOCs fall to USD 900 mn, on track to be cleared by the end of the year: Arrears…
Egypt in the News on 11 July 2019
Planned lawsuit against Christie’s continues to top coverage: On an otherwise calm morning for Egypt in the foreign press, the…
Egypt’s strategic rice reserves sufficient until 15 October
Egypt has strategic rice reserves to last until 15 October and 4.5 months-worth of wheat reserves, Supply Minister Ali El…
Supply Ministry signs EGP 23 bn-worth contracts for projects
The Supply Ministry signed on Sunday eight contracts worth a combined EGP 23 bn with various investors to build logistics…
FinMin, EGX to restore the old capital gains tax regime
EXCLUSIVE- Gov’t to restore the old capital gains tax regime under its latest proposal: A government committee looking to amend…
Egypt’s customs exchange rate remains unchanged
The Finance Ministry has left the discounted customs exchange rate for essential imports unchanged at EGP 16 for July, Masrawy…
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