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Snacks aren’t getting the VAT treatment
Breaking down the VAT Act amendments: Earlier this week, the House of Representatives gave its final approval to amendments to…
Judging Nafeza
The signs to watch to determine how successful Nafeza will be as it’s rolled out: Earlier this year, the Finance…
THIS MORNING: More COP27 announcements + schools are closed again in Alexandria due to bad weather
Good morning, nice people, and happy almost-THURSDAY. It’s another busy news day (as it so often is at this time…
THIS EVENING: Aldar / ADQ acquire 86% of SODIC; Green stimulus package coming March 2022; UAE employees get 4.5-day work week.
Good afternoon, ladies and gents: We have a brisk news flow to bring you today following the closure of Aldar…
House approves multi-bn USD bank loan
House says ‘yea’ to more Khaleeji money: A multi-bn USD bank loan agreed between the government and a syndicate of…
Gov’t finalizes USD 2 bn loan from int'l banking syndicate
The government’s USD 2 bn syndicated bank loan has been finalized and is awaiting approval in the House of Representatives,…
EasyCash gets acquired and Suez to roll out universal health insurance system
The Arabian Gulf Investments Company has acquired undisclosed stakes in three Egyptian companies, including mobile payments company EasyCash, according to…
Finance Ministry’s tax policy guru gets promotion, Amer Group gets new non-exec chairman
The Finance Ministry has appointed Ramy Youssef (LinkedIn) as its new assistant minister of finance for tax policy and reforms,…
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