Featured Egypt fully funds export rebate programme for first time with EGP 45b allocation Nada Ali Oct 6, 2025 0 The Egyptian government has, for the first time, fully financed the export rebate programme from the state budget,…
Featured Egypt’s private investments surge 73% as government moves to ease tax burden: FinMin Nada Ali Oct 6, 2025 0 Egypt’s private sector investments jumped 73 per cent last year, underscoring the sector’s resilience and growing…
Egypt News Egypt’s ETA aims to boost technical capabilities Nada Ali Aug 7, 2025 0 Egyptian Tax Authority’s (ETA) Head Rasha Abdel Aal is focused on improving tax administration and transfer pricing…
Banks Indonesia’s foreign reserves steady in May – c. bank Nada Ali Jun 10, 2025 0 Indonesia’s official reserve assets remained stable at $152.5 billion at the end of May 2025, unchanged from April.
Featured UK public sector to lead in pay rise Aya El Sayed Nov 11, 2024 0 The UK public sector is expected to see stronger pay growth than the private sector for the first time since late…
Featured Italy turns to banks for €3.5b, no tax hikes Aya El Sayed Oct 16, 2024 0 Italy's Prime Minister Giorgia Meloni's cabinet has unveiled a plan to tap the country's banks and insurers for…
Featured Italy’s Cabinet to approve 2025 budget amid tax tensions Aya El Sayed Oct 15, 2024 0 Italy's Cabinet is poised to convene on Tuesday evening to approve the 2025 budget amid ongoing tensions within the…
Featured France plans spending cuts, tax hikes to ease budget deficit Aya El Sayed Oct 2, 2024 0 France is set to implement approximately €60 billion ($66.4 billion) in spending cuts and tax hikes in 2025 as…
Featured Harris vows to end taxes on tipped income, echoing Trump Aya El Sayed Aug 11, 2024 0 Vice President Kamala Harris pledged to remove taxes on tipped income for service industry workers if elected…
Featured Bloomberg: Reeves to outline dire UK fiscal challenges Aya El Sayed Jul 28, 2024 0 Chancellor of the Exchequer Rachel Reeves will deliver a pivotal speech on Monday to the House of Commons,…
Africa News Nigeria implements measures to curb food inflation Aya Anwar Jul 10, 2024 0 Nigeria is tackling soaring food inflation, the worst in three decades, with new measures. The government plans a…
Featured Swiss Holcim firm to spin off N. American business Nada Ali Jan 28, 2024 0 The Swiss cement giant Holcim announced on Sunday its intention to fully spin off its North American business and…
Featured U.K. Treasury warns Sunak of low growth impact from tax cuts Aya El Sayed Jan 23, 2024 0 U.K. Treasury officials informed the British Prime Minister, Rishi Sunak, that tax cuts would minimally boost…
Money Egypt to tax bloggers, social media influencers, youtubers Amwal Al Ghad English Sep 27, 2021 0 Egypt announced on Saturday it will tax social media content creators in a revenue raising exercise as more…
Featured Egypt collects EGP 2.7bn customs, taxes from Dekheila, Sokhna ports during August Enas Shabaan Sep 13, 2020 0 The Egyptian Customs Authority collected 2.736 billion Egyptian pounds in taxes, customs duties, and other charges…
Featured FinMin garners EGP 30 bn in back taxes after settling 30k tax disputes Amwal Al Ghad English Aug 9, 2020 0 The Finance Ministry settled more than 30k tax disputes between March and June, collecting the government more than…
Featured Alexandria Customs collects EGP2.52bn customs, taxes in May AbdElrhman Frhaat Jun 9, 2020 0 Alexandria Customs collected 2.519 billion Egyptian pounds ($155.6 million) in customs duties, taxes, and other…
News UK’s two biggest political parties planning radically different for the economy Amwal Al Ghad English Nov 30, 2019 0 UK’s two biggest political parties are offering - whether more of the same or a massive change to the economic…
Tech/AI Egypt’s tax authority denies 30% growth in car taxes Amwal Al Ghad English Oct 3, 2019 0 The Egyptian Tax Authority denied on Wednesday rumours of a 30 percent increase in taxes on imported and locally…
Money Egypt says tax revenues up 16.6% in FY19, to amend VAT law Mohamed Elmalky Jul 29, 2019 0 Egypt’s government collected 660 billion Egyptian pounds ($39.83 billion) in taxes in the 2018/2019 financial year,…
Banks Egypt’s tax change could spur banks to step up private lending Amwal Al Ghad English Dec 2, 2018 0 A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector…
Financial Institutions Egypt to keep customs exchange rate at EGP 16 to dollar in Dec. Amwal Al Ghad English Dec 1, 2018 0 Egypt will keep its customs exchange rate steady at 16 Egyptian pounds to dollar for December, Finance Minister…
Featured Egypt’s non-oil private sector activity slows slightly in Oct. Amwal Al Ghad English Nov 6, 2018 0 Egypt’s non-oil private-sector activity weakened slightly in October to reach its lowest level of 2018, a survey…
Financial Institutions Moody’s upgrade Egyptian banking system’s outlook to positive Amwal Al Ghad English Oct 11, 2018 0 Moody's Investors Service upgraded its outlook of the Egyptian banking system to positive from stable.
Financial Institutions Alexandria Customs Authority collects EGP 1.7bn in taxes on imported vehicles Amwal Al Ghad English Oct 4, 2018 0 The value of taxes and customs fees on imported vehicles collected by the Alexandria Customs Authority hit 1.7…
Industry & Trade Egypt to increase tobacco tax revenues to 7.072 bln pounds in FY2018/19 Yomna Yasser Apr 17, 2018 0 Egypt aims to raise its revenues from taxes imposed on tobacco by 7 billion Egyptian pounds ($395.50 million) in…
Industry & Trade New increases in Egypt’s electricity prices next July: minister Yomna Yasser Jan 29, 2018 0 Egypt's Ministry of Electricity stated putting a plan for the imminent increase in electricity prices, slated for…
Tech news Lenovo to make $400 million one-off charge on U.S. tax reforms aya salah Jan 10, 2018 0 Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in…
Industry & Trade Egypt’s president approves bill raising taxes on cigarettes Yomna Yasser Nov 25, 2017 0 Egypt's President Abdel Fattah al-Sisi ratified on Thursday amendments to the Value Added Tax (VAT) law that raise…
Tech news Ireland promises progress in Apple tax recovery in coming weeks aya salah Nov 22, 2017 0 Ireland expects to make progress in recovering up to 13 billion euros ($15 billion) in disputed taxes from Apple in…
Tech news Apple says no operations were moved from Ireland Yomna Yasser Nov 7, 2017 0 Apple Inc said none of its operations were moved from Ireland and that changes made to its corporate structure in…
Tech news Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale Yomna Yasser Oct 23, 2017 0 Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1…
Egypt News Egyptian Cabinet denies increased cigarette and tobacco prices Yomna Yasser Oct 7, 2017 0 The Information and Decision Support Center of the Cabinet denied reports of an increase in the prices of…
Tech news EU to hit Amazon with bill for Luxembourg back taxes Yomna Yasser Oct 4, 2017 0 Brussels will hit Amazon on Wednesday with a bill for Luxembourg back taxes worth several hundred million euros in…
Industry & Trade Egypt to raise tobacco tax revenues by $397.50mn in FY2017/18 Yomna Yasser Oct 3, 2017 0 Egypt is planning to raise its revenues from taxes imposed on tobacco to seven billion Egyptian pounds ($397.50…
Tech news Google wins challenge against 1.1 billion euro French tax bill Yomna Yasser Jul 13, 2017 0 A French court ruled on Wednesday that Google was not liable to pay 1.1 billion euros ($1.3 billion) in back taxes…
MENA News Trump seeks to slash government spending in budget plan Yomna Yasser May 23, 2017 0 The White House on Tuesday will ask Republicans who control the U.S. Congress - and federal purse strings - to…
Egypt News Sisi pledges measures to ease strain on poor Yomna Yasser May 18, 2017 0 Egypt’s President Abdel Fattah al-Sisi sought to ease the concerns of Egyptians grappling with rising prices ahead…
Financial Institutions IMF backs Egypt plan to remove fuel subsidies in 3 years, ease inflation: official Yomna Yasser May 18, 2017 0 The International Monetary Fund is encouraged by Egypt's efforts to remove fuel subsidies within three years and…
International News Le Pen says would suspend Schengen within two months Yomna Yasser Apr 12, 2017 0 Far-right presidential candidate Marine Le Pen said Tuesday that if elected she would immediately suspend France's…