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FinMin settles 65 tax disputes with QNB, EGP 100 mn repaid
The Finance Ministry has settled 65 tax disputes with QNB Al Ahli worth EGP 100 mn, which the bank has…
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Gov’t working on a single card for citizens to receive social welfare benefits and subsidies
CABINET WATCH- “Meeza” debit card to encompass all government services: The government is working to expand its new “Meeza” state…
Gov’t to force banks to separately account for income from holdings of state debt
Banks will be required to separately account for their earnings on holdings of t-bills and gov’t bonds: The Madbouly Cabinet…
Gov’t to send Real Estate Tax Act amendments to House in December
LEGISLATION WATCH- Gov’t to send Real Estate Tax Act back to House in December: The Madbouly Cabinet has pledged to…
Parliament overhauls proposed amendments to Real Estate Tax Act
LEGISLATION WATCH- Parliament changes-up proposed amendments to Real Estate Tax Act: The House Housing Committee has completed drafting a revised…
Egypt’s Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year
The Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year, up from a…
FinMin, Trade Ministry looking to amend automotive tax framework as tariffs on European cars set to drop to zero
EXCLUSIVE- Last gasp of the automotive directive? A senior government official tells us the trade and finance ministries are studying…
Retired Egyptian footballer Aboutrika sentenced to one year in prison for tax evasion
A misdemeanor court sentenced retired footballer Mohamed Aboutrika in absentia to one year in prison for tax evasion, Al Ahram…
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