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Gov’t to announce EGP 15 bn social protection package in July to offset rising prices
Gov’t to announce EGP 15 bn social protection package in July: The government is planning to further reinforce the social…
Speed Round
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Fuel prices could rise by as much 60% next fiscal year
Fuel prices could rise by as much 60% next fiscal year: Research firm Capital Economics expects the government to raise…
Cabinet mounts push for state-owned companies start paying overdue energy bills; will channel funds to energy companies
EXCLUSIVE- Cabinet is pushing state-owned companies start paying overdue energy bills; will channel funds to energy companies: The Ismail Cabinet…
Tax Authority to exempt salaries for int’l school teachers from taxes for a two-year period
EXCLUSIVE- Attention international school teachers. The Tax Authority has decided that it will exempt salaries for foreign international school teachers…
Tax Authority studies how to implement VAT on ride-hailing companies
The Tax Authority is looking into how best to impose the value-added tax (VAT) on ride-hailing companies once they officially…
OC JV signs notice to proceed with USD 320 mn wastewater plant in Abu Rawash
OC JV signs notice to proceed with USD 320 mn wastewater plant in Abu Rawash: Orascom Construction’s joint venture with…
FinMin to disburse late export subsidies over the coming few years
FinMin to disburse late export subsidies over a period of years: The Finance Ministry plans to disburse overdue payments from…
EBRD lends SOPC USD 200 mn to finance energy efficiency program
EBRD lends SOPC USD 200 mn to finance energy efficiency program: Egypt signed yesterday a USD 200 mn loan agreement…
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