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FinMin looking to replace Real Estate Tax Act with new legislation streamlining appraisal process
EXCLUSIVE- Proposed amendments to real estate tax could be a ‘temporary measure’ ahead of full re-write of bill: A bill…
Cabinet watch
ITDA to tender 8 retail and logistics centers in 6 governorates
The Supply Ministry’s Internal Trade Development Agency (ITDA) will launch tenders for eight commercial and logistics centers in six governorates…
Overdue taxpayers have until end of week to avoid 70% of late penalties
Taxpayers have until the end of the week to settle overdue payments, and avoid 70% of incurred late penalties, according…
Egypt mulling re-issuing tender to sell 51% stake in Shepheard Hotel
The Public Enterprises Ministry is mulling re-issuing a tender to sell a 51% stake in the Shepheard Hotel in downtown…
Egypt signs agreement to build Al Nowais coal-fired power plant in Q12019
The Egyptian Electricity Holding Company (EEHC) has signed with UAE’s Al Nowais a final agreement to build the USD 4…
Egypt, Chinese company sign MoU to establish energy projects
Military Production Minister Mohamed El Assar signed an MoU with the China Energy Engineering Corporation (CEEC) to build energy and…
Cabinet to sign off on Customs Act amendments this week?
LEGISLATION WATCH- Cabinet to sign off on Customs Act amendments this week? The proposed amendments to the Customs Act are…
Egypt’s Transport Ministry in talks with int’l institutions to finance metro works
The Transport Ministry is currently in talks with several international institutions to finance the development of Cairo Metro Line 3’s…
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