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Finance Ministry committee to begin reviewing fuel hedging offers in July
FinMin committee to begin reviewing fuel hedging offers in July: A Finance Ministry committee tasked with studying offers for mechanisms…
Speed Round
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El Sisi signs into law acts on ride hailing apps, IDA powers and autonomy, financing for low-income housing, food carts
LEGISLATION WATCH- And speaking of the Ride-Hailing Act: President Abdel Fattah El Sisi has signed it into law, Youm7 reports.…
Taxman going after Uber, Careem for retroactive VAT payments
EXCLUSIVE- This comes as the taxman looks to collect as much as EGP 6 bn from Uber and Careem in…
Leasing and Factoring Act to impose VAT on lease contracts
Meanwhile, the new Leasing and Factoring Act imposes VAT on lease contracts: The Leasing and Factoring Act, which the House…
House is shopping around legislation to tax social media ads
LEGISLATION WATCH- House is shopping around legislation to tax social media ads: A draft law to tax Egyptian advertisers for…
CORRECTION
CORRECTION- In last week’s Worth Reading on the state of Egypt’s VCs by Wamda, it was incorrectly noted that Vezeeta’s…
Egypt to complain about referee in Russia match
Egypt says it will file a formal complaint with FIFA about referee Enrique Caceres’ performance during the Pharaoh’s match against…
Talks with Russia to resume charter flights back on after World Cup
Talks with Russia to resume charter flights back on after World Cup: “The talks on opening charter flights to Egyptian…
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