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The plan for an Egypt-Oman investment fund is still alive
The idea was first floated in 2019
FinMin announces temporary VAT exemption on imported machinery and equipment. PLUS: Microfirms can borrow more, new PwC center,
Ministry didn’t disclose how long the exemption will remain in place
Egypt, Oman to sign double taxation agreement this month
Egypt and Qatar signed a similar agreement in February
19 ministries are moving to the new capital next week
The number of gov’t bodies working at the NAC will jump to 33 next week
THIS EVENING: CIB shares on a tear + Some of the self-employed don’t have to get on the e-invoicing system
Good afternoon, wonderful people, and a very happy THURSDAY to us all. While any Thursday is a happy occasion, this…
THIS MORNING: CIB launches three-year, 22% CD
Also: The taxman may come up with its own USD-EGP rate for you to use when filing your taxes
Yet another income tax exemption increase. PLUS: Gov’t trims growth forecast.
The move is expected to impact 22 mn people
The digital nomad life is going to see some tax changes soon + Microsoft is coming out with another AI product
Taxing digital nomads has become a hot topic as they accounts for 1.3% of global personal income
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