State-owned Real Estate Egyptian Consortium company reported Tuesday a drop in its standalone net profits after tax …
Tax
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Industry & Trade
Ministry: Egypt’s tax revenues jump by 55% in Q1 of FY2017/18
by Yomna Yasserby Yomna YasserTax revenues in the first quarter of the financial year 2017/2018 increased 55 percent to to 88.6 …
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forex news
Dollar wavers amid doubts over Trump’s tax plans, euro hits 12-day high
by Yomna Yasserby Yomna YasserSpeculation that President Donald Trump’s tax overhaul plan would stall kept the dollar below a recent 10-week …
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Tech news
Luxembourg could appeal against the EU’s $294mn Amazon tax bill: FinMin
by Yomna Yasserby Yomna YasserLuxembourg is assessing whether to appeal against the European Union’s order to reclaim nearly $300 million in …
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Tech news
U.S. tech firms like Apple, Amazon posing a ‘huge’ tax challenge for France
by Yomna Yasserby Yomna YasserThe way large U.S. firms are taxed in the European Union (EU) is posing major challenges for …
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Brussels will hit Amazon on Wednesday with a bill for Luxembourg back taxes worth several hundred million …
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World
US futures point to cautious open as solid third quarter winds down
by Yomna Yasserby Yomna YasserU.S. stock index futures were set to open little changed Friday, the last trading day of a …
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International News
Trump’s tax plan to propose deep US rate cuts but lacks revenue details
by Yomna Yasserby Yomna YasserU.S. President Donald Trump will call Wednesday for cutting tax rates on businesses and the wealthy as …
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Industry & Trade
RMB says Egypt is number one investment destination in Africa for 2018
by Yomna Yasserby Yomna YasserEgypt is now the top investment destination in Africa, according to the Rand Merchant Bank’s (RMB) newly …
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Financial Institutions
Egypt’s SME tax law to be finalised before year-end: minister
by Yomna Yasserby Yomna YasserEgypt’s Finance Minister Amr el-Garhy said Friday his ministry seeks to finalise the unified law for tax …