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Egypt’s FRA to start Insurance Act draft discussion next week
LEGISLATION WATCH- FRA to put draft Insurance Act up for discussion next week: The Financial Regulatory Authority (FRA) has a…
FinMin scraps Customs Act, plans to send it back to public discussion
LEGISLATION WATCH- FinMin scraps proposed Customs Act amendments: Finance Minister Mohamed Maait has scrapped a set of proposed amendments to…
Al Baraka Bank Egypt expects new tax treatment to hit 2019 profits
Al Baraka Bank expects its 2019 profits to decline by 5-7% as a result of proposed amendments to the tax…
FinMin to apply tax treatment of Egypt debt holdings to both bank, corporates
Corporates will see the tax treatment of their income from state debt change, too: Corporations will join banks in seeing…
Egypt’s car component makers eager to see sector development strategy in action
Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives…
Cabinet green lights land grant program for industry
CABINET WATCH- Government to begin land grant program for industry: Cabinet greenlit at its weekly meeting on Thursday presidential decrees…
Egypt considering legal framework to seize unpaid taxes
The taxman wants the power to freeze funds in the corporate and personal accounts of alleged tax cheats: The Finance…
FinMin to work with Egypt’s banks on mitigating the impact of the new tax treatment
EXCLUSIVE- Tax officials spreading oil on troubled waters after flap over tax treatment of bank holdings of gov’t debt: Tax…
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