Egypt sets value added tax at 10%
Egyptian government has set the long-awaited value added tax (VAT) at a flat rate of 10 percent, according to the…
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Egyptian government
AfDB to secure $1.5 billion for Egypt’s capital city project: Chief
African Development Bank Group (AfDB) intends to secure a loan worth around $1.5 billion to finance Egypt’s new…
World Bank reveals details on Egypt’s $3 billion loan
The World Bank revealed Saturday details of its $3 billion loan to the Egyptian government which entail reducing…
Telecom Egypt’s board may reshuffle in two months – sources
Egyptian government is likely to name a new board of state-run landline monopoly Telecom Egypt, in the coming two…
Two major banks mulling listing on Egypt bourse: c.bank chief
Egypt’s central bank is considering listing shares in two major banks on Cairo bourse, chief Tarek Amer announced…
Egyptian government aims to fill 60% of youth housing needs in 2018
Egyptian government is planning to fill 60 percent of the youth and low-income citizens’ housing needs by 2018 as…
AfDB to sign Egypt’s $500 million loan today
Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence of Egyptian Prime…
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Egypt to appeal $1.76 billion fine to Israel, freezes gas import talks
Egypt is to appeal a ruling by the International Chamber of Commerce to compensate Israel Electric Corporation…
British flights to Egypt’s Sharm El-Sheikh to resume in few weeks – Official
British airlines will resume their flights to Egyptian resort, Sharm El-Sheikh in the coming few weeks, the…
