In a week, Egypt’s stock Exchange (EGX) gained 15.3 billion Egyptian pounds. In addition, the country’s main …
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Egyptian Tax Authority
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Industry & Trade
UPDATE: Nassef Sawiris Plans ‘Huge’ Investments in Egypt after Tax Victory
by Yomna Yasserby Yomna YasserFollowing the resolution of a tax dispute with Egypt’s tax authority, Egyptian billionaire Nassef Sawiris said on …
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Industry & Trade
BREAKING: Orascom Construction Industries Wins Tax Battle with Egypt Authorities
by Yomna Yasserby Yomna YasserThe ongoing tax dispute between Orascom Construction Industries (OCI S.A.E.) ends in favour of OCI Company, parent …
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Industry & Trade
Egyptian Tycoon Naguib Sawiris Blames ‘Cowardly’ Minister for Tax Dispute
by Yomna Yasserby Yomna YasserIn a television interview Monday night, Egyptian billionaire Naguib Sawiris slammed the government’s handling of his brother …
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Egypt News
Egypt: Tax on Wealthy Likely to Begin Next Year – Official
by Yomna Yasserby Yomna YasserEgypt’s highly-anticipated tax on high earners is likely to come into effect next financial year, according to …
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Industry & Trade
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserThe decision to refer Orascom Construction Industries (OCI) – which is owned by Egyptian business tycoon Nassef …
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Industry & Trade
Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserEgyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom Construction …
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Industry & Trade
OCI Reportedly Defaults in Paying EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserOrascom Construction Industries (OCI), which is owned by Egyptian business tycoon Nassef Sawiris, has delayed in paying …
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In its first visit to Egypt since 30 June uprising, an International Monetary Fund (IMF) delegation met …
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Indices news
Hermes Starts OCV N.V. Fair Value with $ 38/Share, Maintains Neutral
by Yomna Yasserby Yomna YasserEFG-Hermes stated, in a recent study, that it dropped coverage on Orascom Construciton Indusries (OCI S.A.E.) (OCIC) …