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THIS MORNING: CIB launches three-year, 22% CD
Also: The taxman may come up with its own USD-EGP rate for you to use when filing your taxes
Yet another income tax exemption increase. PLUS: Gov’t trims growth forecast.
The move is expected to impact 22 mn people
The digital nomad life is going to see some tax changes soon + Microsoft is coming out with another AI product
Taxing digital nomads has become a hot topic as they accounts for 1.3% of global personal income
Cabinet signs off on new wage, pension hikes with higher price tag than originally projected
The cost to the state budget: EGP 190 bn
El Sisi announces EGP 150 bn program of wage hikes, pension increases amid soaring inflation
The measures include wage increases and a higher minimum wage for civil servants
Egypt-Qatar sign double taxation agreement + Al Thani pledges investment ‘in the coming period”
Egypt + Qatar sign dual taxation elimination agreement to boost investment: Egypt and Qatar yesterday signed an agreement to eliminate…
THIS MORNING: Now is not the moment to raise wage taxes
Good morning, friends, and welcome to a reasonably quiet Valentine’s Day (at least on the news front). Setting the tone…
Cabinet scraps 5% development fee for local mobile phone assemblers
Local mobile phone assemblers are going to pay one less tax: The Cabinet approved in its weekly meeting exempting a…
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