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Egypt SMEs to pay 1% VAT under proposed SMEs Act, FinMin has new definition of small business
** #3 EXCLUSIVE- Businesses with annual top lines of less than 500k would pay 1% VAT under proposed SMEs Act:…
Cabinet watch
Misr Insurance, Misr Life Insurance IPOs postponed, pending restructuring
IPO WATCH- Misr Insurance, Misr Life Insurance IPOs postponed pending restructuring: The IPOs of state-owned Misr Insurance and Misr Life…
Gov’t looking to legislate insurance on state buildings
The government is studying drafting a law that would insure state buildings, Finance Minister Mohamed Maait said, without providing further…
Samsung delivers 250k educational tablets for new academic year
The Education Ministry has received a first batch of 250k tablets from Samsung Egypt, which are set to be handed…
Wheat reserves enough to beginning of March
Egypt’s strategic wheat reserves are enough to last until the first week of March, Supply Ministry spokesman Ahmed Kamal said,…
House looks at legislation which could cut down on Egypt’s int’l arbitration cases
LEGISLATION WATCH- House mulls legislation that could make it easier to clear Egypt’s arbitration backlog: The House of Representatives’ Legislative…
Egypt in talks with Chinese investor to build solar panel factory in Aswan
INVESTMENT WATCH- Military Production Ministry in talks with Chinese investors on USD 1 bn solar panel plant: The Military Production…
Egyptians can pay traffic fines through post offices starting next month
You can pay your traffic fines at the post office as of November, ICT Minister Amr Talaat said, according to…
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