Tech news VAT bill to include some ICT services: Egypt minister Ghada Ismail Aug 3, 2016 0 Egypt’s anticipated value-added tax bill will include communications and information technology services, said Amr…
Egypt News Egypt’s tax revenues rose 15% in FY2015-16: authority Yomna Yasser Jul 16, 2016 0 Egypt’s tax authority announced Friday a y-o-y 15 percent increase equivalent to 28 billion Egyptian pounds ($3.15…
Banks World Bank’s 1st tranche of $3bn awaits parliament’s VAT act approval Yomna Yasser May 28, 2016 0 The World Bank will provide the first $1 billion tranche of a $3 billion soft loan to Egypt after the parliament…
Egypt News Egypt Cabinet finally approves long-awaited VAT bill Yomna Yasser May 16, 2016 0 Egypt's Cabinet approved "in principle" a long-awaited value added tax (VAT) bill and will refer it to the Council…
Banks World Bank’s Egypt loan rests on VAT act approval Yomna Yasser May 9, 2016 0 World Bank will transfer a loan to Egypt when the country’s parliament approve the new value-added tax act, namely…
forex news JP Morgan sees devaluation of Egyptian Pound by 35% in 2016 Yomna Yasser Mar 19, 2016 0 US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…
Egypt News Egypt sets value added tax at 10% Yomna Yasser Feb 28, 2016 0 Egyptian government has set the long-awaited value added tax (VAT) at a flat rate of 10 percent, according to the…
Egypt News Egypt: Food and beverage are exempted from value-added tax Yomna Yasser Dec 7, 2015 0 Food and beverage are exempted from Egypt’s planned value-added tax, according to a statement released by the…
forex news Currency devaluation not to affect Egypt’s imports: minister Yomna Yasser Oct 20, 2015 0 The devaluation of the Egyptian pound will not increase the prices of the country’s imports, which are estimated at…
Egypt News Egypt to impose VAT in ‘weeks’: Minister Yomna Yasser Aug 23, 2015 0 A law to impose a value added tax (VAT) in Egypt is expected to be approved in "weeks," the country's finance…