Economy

UAE ruler issues decree to start value-added taxes in 2018

UAE ruler issues decree to start value-added taxes in 2018

The ruler of the United Arab Emirates has issued a decree that sets the stage for value-added taxes to start…
Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the US Gulf coast over the weekend, crippling…
US dollar records LE 17.69 for purchases Sunday

US dollar records LE 17.69 for purchases Sunday

The US dollar exchange rates maintained its price within the banking sector’s dealings on Sunday. According to the last price…
Hurricane Harvey closes key oil, gas operations in Texas

Hurricane Harvey closes key oil, gas operations in Texas

Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Harvey pounds the region with…
US dollar exchange rate declines

US dollar exchange rate declines

Banks operating in the Egyptian market ended their weekly trade, recording a decline in the dollar exchange rate compared to…
US dollar records stable rates Thursday

US dollar records stable rates Thursday

The US dollar maintained prices in exchange for the Egyptian Pound in the banking sector on Thursday. According to the…
Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
US dollar exchange rate records minor change Tuesday

US dollar exchange rate records minor change Tuesday

The exchange rate of the US dollar recorded slight variations against the Egyptian pound during banking dealings Tuesday. According to…
Lebanese president signs public sector pay rise and tax hike laws

Lebanese president signs public sector pay rise and tax hike laws

 Lebanese President Michel Aoun signed off on public sector wage increases and related tax hikes on Monday, the national news…
US dollar maintains prices Sunday

US dollar maintains prices Sunday

The US dollar maintained its rates against the Egyptian pound within banking dealings Sunday. According to the last price updates,…
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