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Central bank shuts 7 FX bureaus. PLUS: News on East Qantara Dry Port, EasyPay cards, capital gains tax, PE firms
The news slowdown continues, with not much happening on the home front. NBFS- CBE shuts down seven FX bureaus: The…
Officials discuss capital gains tax + Our debt swap agreement with China is coming
Good morning, everyone. It’s looking like another slow news day here in Egypt as more and more people sign off…
Charge in FX, pay VAT in FX. No exceptions.
The ministry introduced new rules last month requiring businesses pricing goods and services in hard currency to settle VAT in…
THIS EVENING: Businesses with FX-priced business must settle their VAT only in FX + Inflation eases again in November
Good afternoon, friends and welcome to another workweek. As polls open for the first day in the presidential elections, the…
On the new VAT law, Hazem Omar’s presidential promises, and Gaza
No single story caught the attention of last night’s talking heads, who brought us coverage of the recent VAT changes,…
Importers don’t need to settle VAT in FX, says FinMin
Good morning, folks: The domestic news cycle has slowed to a crawl as we reach the final hump day of…
Get paid in FX? Pay VAT in FX
Sellers could choose to pay their VAT dues in EGP if they exchanged an equivalent amount or more of FX…
Amendments to the SMEs + Child Act
House grants final approval to amendments to the 2020 SMEs law
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