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SMEs to pay same taxes for larger revenues
The Finance Ministry has approved a proposal to amend the tax brackets of the SME act to take into account…
Arab International Company for Hotels and Tourism eyes asset sales to pay off debts. PLUS: Egyptian-Chinese cars by 2025, Egypt commits to Eni payments, MSC eye logistics investments, Real Estate Tax Authority + E-Tax, Banque Misr SME platform
Unconfirmed media reports in 2023 said that the company had received a USD 320 mn offer from a Qatari group…
UK to support Egypt’s efforts to build sustainable infrastructure and cities. PLUS: News from Acwa Power, FinMin, Visa, Amethis
Egypt and the UK will form a task force bringing together government bodies and industry representatives to exchange technical knowledge
Gov’t to look into trimming list of taxes to boost local industry, curb inflation
A newly-formed committee will begin reviewing taxes and fees this week
THIS EVENING: FinMin looks at possibility of cutting down on taxes to support industry
Good afternoon, friends. This new workweek is bringing what is shaping up to be a busy news day both at…
Gov’t introduces bookkeeping scheme to account for FX price differentials
The difference between the official and parallel market exchange rates that the rules account for stand at an annual average…
Finance Ministry to announce new social security package + tax incentives for investments in 2024
The new social security measures and tax policy framework will be discussed during public consultations next month
Central bank shuts 7 FX bureaus. PLUS: News on East Qantara Dry Port, EasyPay cards, capital gains tax, PE firms
The news slowdown continues, with not much happening on the home front. NBFS- CBE shuts down seven FX bureaus: The…
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