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Gov’t working on a single card for citizens to receive social welfare benefits and subsidies
CABINET WATCH- “Meeza” debit card to encompass all government services: The government is working to expand its new “Meeza” state…
Tax
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All Egypt joint stock companies must register shares in Misr Clearing by January
REGULATION WATCH- All joint stock companies must register shares in Misr Clearing by January — or else: The Madbouly government…
Gov’t to force banks to separately account for income from holdings of state debt
Banks will be required to separately account for their earnings on holdings of t-bills and gov’t bonds: The Madbouly Cabinet…
Gov’t to send Real Estate Tax Act amendments to House in December
LEGISLATION WATCH- Gov’t to send Real Estate Tax Act back to House in December: The Madbouly Cabinet has pledged to…
Parliament overhauls proposed amendments to Real Estate Tax Act
LEGISLATION WATCH- Parliament changes-up proposed amendments to Real Estate Tax Act: The House Housing Committee has completed drafting a revised…
Egypt’s Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year
The Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year, up from a…
Finance Ministry to select winning company to digitize tax authority mid-December
The Finance Ministry will reportedly select the winning company in its tender to digitize the Tax Authority by mid-December. Five…
FinMin, Trade Ministry looking to amend automotive tax framework as tariffs on European cars set to drop to zero
EXCLUSIVE- Last gasp of the automotive directive? A senior government official tells us the trade and finance ministries are studying…
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