taxes
Parliament considers 30% tax on rich
Egypt
July 30, 2018
Parliament considers 30% tax on rich
The Egyptian parliament is drafting a law to impose a progressive tax of at least 30 percent on annual incomes…
Cigarette prices to rise in Egypt starting Thursday
Egypt
July 12, 2018
Cigarette prices to rise in Egypt starting Thursday
Chairman of the Eastern Tobacco Company Mohamed Osman Haroun announced that as of Thursday, prices for all types of…
Minister of Finance asserts new exemptions will ease tax burdens
Business
June 25, 2018
Minister of Finance asserts new exemptions will ease tax burdens
Minister of Finance Mohammed Moaet said on Monday that the amendments adopted by President Abdel Fattah al-Sisi would ease…
Egypt parliament considers draft law to impose taxes on Social Media advertisements
Egypt
June 24, 2018
Egypt parliament considers draft law to impose taxes on Social Media advertisements
The Egyptian Parliament is considering a draft law presented that will impose taxes on companies which advertise on social…
Egyptian officials deny supposed taxes on iPhone users or on burials
Egypt
June 20, 2018
Egyptian officials deny supposed taxes on iPhone users or on burials
Egypt’s Minister of Finance Mohamed Moait on Tuesday denied posts on social media claiming that his Ministry is planning…
Egypt govt to review new ‘social protection’ package
Economy
March 25, 2018
Egypt govt to review new ‘social protection’ package
Minister of Finance Amr al-Garhy stated on Sunday that the government will send the state budget to President Abdel Fattah…
Christmas cabaret tax revenues double in 2017
Egypt
January 4, 2018
Christmas cabaret tax revenues double in 2017
Tax revenues collected from 2017 Christmas cabaret events held between December 24 and 31 were worth double 2016’s revenues, generating…
MP to propose draft law on imposing tax for Facebook, Twitter ads
Egypt
December 15, 2017
MP to propose draft law on imposing tax for Facebook, Twitter ads
A member of Egyptian parliament Mostafa Bakary said in media statements that he is working on proposing a draft law…
Internet ADSL prices will increase this September
Egypt
July 3, 2017
Internet ADSL prices will increase this September
Prices for internet ADSL services are scheduled to increase by 4 percent starting from September, a source from the communications…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…