new taxes

Egyptian parliament introduces 10% tax on mobile phones
Business

Egyptian parliament introduces 10% tax on mobile phones

The House of Representatives approved during Sunday’s plenary session the Presidential Decree No. 558 of 2021 to amend some categories…
Azhar professor suggests imposing tax on dog owners
Life & Style

Azhar professor suggests imposing tax on dog owners

An Al-Azhar University professor said that the government should impose a tax on every person who owns a dog. Professor…
Fiscal fumbling: Tax law, IMF turmoil knocks economy off course
Business

Fiscal fumbling: Tax law, IMF turmoil knocks economy off course

Egyptian officials have asked to postpone a request for a US$4.8 loan from the International Monetary Fund, loan officials said…
Presidential spokesperson blames tax debacle on political tension
Egypt

Presidential spokesperson blames tax debacle on political tension

“Mistakes happened over the past few days due to political conflicts,” presidential spokesperson Yasser Ali said Monday, referring to President…
New taxes cause LE7.5 bn in losses on stock exchange
Business

New taxes cause LE7.5 bn in losses on stock exchange

The main index of the Egyptian stock exchange fell by 2.6 percent on Thursday in response to the government levying…
Trade Ministry learns of tax increases from newspapers
Business

Trade Ministry learns of tax increases from newspapers

The Ministry of Trade and Industry learned of the increased taxes on iron, cement and cigarettes from newspaper articles, said…
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