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Finance Ministry drafts amendments to stamp and income tax laws to incorporate new stamp tax proposal
The stamp tax is becoming official: The Finance Ministry has finished drafting amendments to the Income Tax Law to incorporate…
Speed Round
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House to split investment act into two to simplify law for investors
House Economic Committee will split proposed Investment Act into two bills: The House of Representative’s Economics Committee has decided to…
Nation yawns as former president Hosni Mubarak is released, returns to Heliopolis home
Former president Hosni Mubarak is at home in Heliopolis, where he has an around-the-clock security detail and is not expected…
Travelport Global to invest USD 20 mn in 2017 to “further innovation”
Clarification- Travelport Global will increase its capital investments by USD 20 mn in “strategic expenditure” in 2017, Egypt Country Manager…
Terror attack on UK parliament kills five, wounds 40
At least five people were killed and 40 others were injured in an attack on the UK’s Parliament in central…
Amazon could be acquiring Souq.com
Amazon acquiring Souq after all? Amazon’s interest in making an investment in regional online retailer Souq.com is reportedly back on,…
CPA refers actor Mahmoud El Guindy to prosecution over acting in “misleading” commercials
Consumer Protection Agency wants actor prosecuted for appearing in ads: The Consumer Protection Agency (CPA) is asking the Prosecutor General…
Education Minister suspends school meals as more students suffer food poisoning this week
More than 400 students in schools in Cairo, Suez, and Aswan have fallen ill due to food poisoning from government-issued…
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