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Egypt gov’t decides on tax reductions for SMEs
EXCLUSIVE- Preferential tax rates in the SMEs Act will give small businesses incentives to go legit, a government official with…
FinMin looks to tax the living daylights out of social media ads, e-commerce players
EXCLUSIVE- FinMin looks to tax the living daylights out of social media ads, e-commerce players: The Finance Ministry is moving…
New Banking Act will not impose term limits on banks’ managing directors
LEGISLATION WATCH- There are no term limits for bank managing directors in the draft of the amended Banking Act now…
Egypt earmarks incentives worth EGP 1.5-2 bn annually for SMEs under new Act
LEGISLATION WATCH- The SMEs Act includes tax and non-tax incentives worth EGP 1.5-2 bn annually to support entrepreneurship and encourage…
FinMin releases Egypt’s draft FY2019-20 budget
The state’s FY2019-20 budget is now with the House: The Finance Ministry sent yesterday its draft FY2019-20 budget (pdf) to…
Egypt’s business community suggests scrapping 25% quota for women in House
Industry and business associations have suggested doing away with the quota specifying a 25% minimum seat allocation for women in…
El Sisi unveils public sector wage, pension increases
The minimum wage is going up for state employees — but apparently not for the private sector. The public sector…
Egypt’s FRA to amend real estate fund regulations under Capital Markets Act
REGULATION WATCH- FRA to require periodical appraisals for real estate funds under Capital Markets Act: The Financial Regulatory Authority (FRA)…
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