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Edita raises Molto price points
Bestselling snack is getting (slightly) more expensive: Edita Food Industries raised the price of Molto by EGP 1 (pdf), and…
Fitch Ratings affirms Egypt’s long-term FX issuer default rating at B+; outlook stable
Fitch Ratings affirmed Egypt’s long-term foreign-currency issuer default rating (IDR) at ‘B+’ with a stable outlook on Wednesday. The rating…
MPs ask for formal debate on capital gains tax on EGX trades
A group of MPs have formally asked House Speaker Hanafy El Gebaly to allow debate of the upcoming 1 January…
The taxman is coming for ride-hailing apps in Saudi
Uber + Careem just got hit with a massive tax bill in KSA. The ride-hailing companies will be charged a…
THIS MORNING: Senate to discuss CGT, oil keeps climbing + New Apple and Google gadgets
From the biggest IPO we’ve seen in years to government incentives for the private sector and progress on a closely…
THIS MORNING: Unnamed strategic investor eyeing big chunk of e-Finance IPO? Plus: Egypt’s banks are adopting the Tax Authority’s e-invoicing system.
Good morning, everyone, and welcome to the final workday of week 41 in this crazy year. We have an exceptionally…
THIS MORNING: There’s growing pushback against the CGT + look for the energy crisis and IMF / World Bank meetings to dominate headlines this week
Good morning, wonderful people, and welcome a busy Monday morning on which we have plenty to digest as inflation hits…
How hard will the House push back against the CGT?
WATCH THIS SPACE- One MP wants to turn legislators away from capital gains tax: House Planning and Budgeting Committee Secretary…
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