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…
Feature 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…