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Egypt is getting a digital VAT drawback system
Tourists shopping in Egypt will soon be able to claim VAT drawback via a digital system prior to departure, the…
THIS MORNING: A new month; COP26 summit starts today; El Sisi arrives in Scotland; Senate to discuss EGX capital gains tax.
Good morning, wonderful people, and welcome to an exceptionally busy news day here in Egypt, with everything from a little…
TONIGHT: The capital gains tax gets its day in (parliamentary) court + COP26 gets underway in Glasgow
It’s been an atypically busy Sunday, with some good news coming out of the state privatization program, the Finance Ministry…
THIS MORNING: Health Minister Hala Zayed in stable condition + Senate to talk about the capital gains tax next week
Good morning, friends. We suggest it would be nice if you had a good thought for Health Minister Hala Zayed,…
Edita raises Molto price points
Bestselling snack is getting (slightly) more expensive: Edita Food Industries raised the price of Molto by EGP 1 (pdf), and…
Fitch Ratings affirms Egypt’s long-term FX issuer default rating at B+; outlook stable
Fitch Ratings affirmed Egypt’s long-term foreign-currency issuer default rating (IDR) at ‘B+’ with a stable outlook on Wednesday. The rating…
MPs ask for formal debate on capital gains tax on EGX trades
A group of MPs have formally asked House Speaker Hanafy El Gebaly to allow debate of the upcoming 1 January…
The taxman is coming for ride-hailing apps in Saudi
Uber + Careem just got hit with a massive tax bill in KSA. The ride-hailing companies will be charged a…
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