Egypt to Introduce 10-12% VAT – Official
Mamdouh Omar, head of the Income Tax Authority said the government will finalize a bill on a value added tax (VAT)…
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Mamdouh Omar
IMF Delegation to Visit Egypt in January – Source
A delegation from the International Monetary Fund (IMF) will visit Egypt during the first week of January in order…
Egyptian Assembly Approves Higher Taxes On The Wealthy
Egypt's parliament approved a new income tax law on Monday that will increase levies paid by the wealthy and by…
OCI Says Reaches ‘Advanced Stage’ In Talks With Egypt Tax
Orascom Construction Industries (OCIC.CA) announced that it has reached an advanced stage with Egyptian Tax…
Orascom Construction Sees Tax Settlement Agreement This Week
Omar Derwaza - Head of Investor Relations at Orascom Construction Industries – announced that the ongoing…
Orascom Construction Offers US$350 Mln First Installment For Egypt Tax
Orascom Construction Industries (OCIC.CA) is offering to pay US$ 350 million as a first installment seeking to…
EGX 30 Falls 0.78% In Week Driven By NSGB Takeover Deal Taxes
In a week which witnessed the announcement of imposing tax gains on the acquisition deal of National Société…
Tax Gains On NSGB Takeover Deal Drags EGX 30 Below 5130 Pts
During Tuesday’s closing, the Egyptian Exchange (EGX) has extended its midday losses to eventually reach EGP 5.45…
EGX: 432 Mln Securities Total Shares Offered For NSGB Takeover Deal
The Egyptian Exchange’s management stated that the total shares offered for sale as regard to the National Société…
Egypt’s Govt. Imposes Tax Gains On NSGB’s Acquisition Deal
The Egyptian Tax Authority will impose tax on shareholders and investment funds that make capital gains from the…
