Lawyers Syndicate protests against Egypt’s VAT
The Lawyers Syndicate arranged a protest on Saturday in front of the Supreme Judicial Council in rejection to the…
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value-added tax
Egypt steel producers increase prices by 5% on newly-adopted VAT
Egyptian steel producers have raised steel prices for the local market by 5 percent just after the government had…
Egypt receives first $1 billion tranche of World Bank loan
Egypt announced on Friday that it had received the first $1 billion tranche of a $3 billion three-year loan from…
Moody’s: Egypt’s long-awaited approval of VAT “credit positive”
Moody's Investor Services has commended Egyptian parliament’s approval for the long-delayed value-added tax (VAT).…
Excluding 57 services and goods, VAT revenues to record EGP 18bn
Parliament voted on the value-added tax (VAT) draft law for the second day in a row on Monday. Yasser Omar, head of…
VAT, Egypt pound depreciation could raise real estate prices by 15-20%
The value-added tax (VAT) has given rise to a heated debate between different sectors, but the debate between…
BREAKING: Egypt’s parliament approves VAT at 13% rate in 2016/17
Egyptian parliament approved Sunday the long-delayed value added tax (VAT) at a rate of 13 percent but it will rise…
VAT to reduce Egypt budget deficit by 1%: deputy FinMin
Applying the value-added tax (VAT) will contribute to lower Egypt’s current budget deficit by 1 percent, said…
Egypt’s VAT bill to be finalised Sunday, MPs sticking to 12% rate
Egypt's long-awaited value added tax (VAT) bill will be finalised Sunday to be put up for general parliamentary…
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
Egypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within four and 6…