Egypt News Government committed to 14% VAT, parliament will understand: Egypt’s PM aya salah Aug 18, 2016 0 Prime Minister Sherif Ismail on Wednesday said the purpose of the value-added tax (VAT) is to obtain more revenues…
Banks Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments Yomna Yasser Aug 16, 2016 0 The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt…
Financial Institutions Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks Yomna Yasser Aug 13, 2016 0 Egypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within four and 6…
Egypt News Inflation rate expected to rise in Egypt next year: experts aya salah Jul 27, 2016 0 Egypt’s core inflation rate climbed to its highest level in seven years in June, underscoring the challenges…
Financial Institutions Egypt close to secure 3-year IMF loan programme Yomna Yasser Jul 26, 2016 0 Egypt announced on Tuesday it is close to agreeing a lending programme with the International Monetary Fund (IMF)…
Egypt News Egypt’s value added tax set at 14pct, to be tackled in parliament aya salah Jul 20, 2016 0 The rate of Egypt’s long-delayed Value-added tax (VAT) has been set at 14 percent instead of the previous rate of…
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…
Egypt News Egypt to issue $3 bln Eurobond in Sept-Oct, impose VAT by Sept aya salah Jun 28, 2016 0 Egypt's finance minister said on Monday the country would look to issue a $3 billion Eurobond between September…
Egypt News VAT draft law to be sent to parliament within days: Minister aya salah Jun 7, 2016 0 The State Council finished reviewing the draft law of value-added tax (VAT). The law was sent to the government,…
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…