Mohsen Abdel Razeq

Moody’s calls Egypt bonds ‘risky’
Business

Moody’s calls Egypt bonds ‘risky’

The international ratings agency Moody's, in a report released Monday, said that recently issued Egyptian government bonds will carry huge…
Boutros-Ghali calls for review of IMF mechanisms
Business

Boutros-Ghali calls for review of IMF mechanisms

Members of the International Monetary Fund (IMF) pledged to formulate sustainable financial policies at the closing session of their spring…
Finance Ministry to tax used cars sales
Business

Finance Ministry to tax used cars sales

A decision by Finance Minister Youssef Boutros-Ghali to impose a 10-percent profit tax on used automobile sales has drawn varying…
Tax Authority accuses govt of violating taxpayer rights
Business

Tax Authority accuses govt of violating taxpayer rights

An official report prepared by the Tax Authority accused the government of obstructing the establishment of the Supreme Tax Council,…
Med insurance bill delayed for lack of funds
Egypt

Med insurance bill delayed for lack of funds

Official sources said parliament will not discuss the new medical insurance bill during its current session, although the draft of…
CBE: FDI, remittances, exports fall in second quarter
Business

CBE: FDI, remittances, exports fall in second quarter

Foreign investment in Egypt fell by US$806 million in the second quarter of the current financial year, dropping to US$894…
Finance Ministry unveils revenue data
Business

Finance Ministry unveils revenue data

The Ministry of Finance announced a considerable decrease in total revenues and grants as a result of a 92 percent…
Late real estate tax declarations accepted
Business

Late real estate tax declarations accepted

Finance Minister Youssef Boutros-Ghali said on Monday that his ministry will accept real estate tax declarations that are submitted after…
Real Estate Tax Authority prepares to deal with tax declarations
Business

Real Estate Tax Authority prepares to deal with tax declarations

As the 31 March deadline for submitting real estate tax declarations approaches, the Real Estate Tax Authority has so far…
Security official calls for ‘submission’ to president’s will
Egypt

Security official calls for ‘submission’ to president’s will

At a meeting of parliament's national security committee on Wednesday, committee head Mohamed Abdel Fattah Omar urged the Egyptian public…
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