Egyptian government has set the long-awaited value added tax (VAT) at a flat rate of 10 percent, …
value-added tax
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Egypt News
Egypt: Food and beverage are exempted from value-added tax
by Yomna Yasserby Yomna YasserFood and beverage are exempted from Egypt’s planned value-added tax, according to a statement released by the …
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forex news
Currency devaluation not to affect Egypt’s imports: minister
by Yomna Yasserby Yomna YasserThe devaluation of the Egyptian pound will not increase the prices of the country’s imports, which are …
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A law to impose a value added tax (VAT) in Egypt is expected to be approved in …
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The final ratification for Egypt’s state budget for the fiscal year due to start Wednesday is pending …
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Financial Institutions
S&P revises Egypt Outlook to Positive, citing ‘Gradual Economic Recovery’
by Yomna Yasserby Yomna YasserRatings provider, Standard and Poor’s updated its outlook on Egypt from “stable” to “positive” on Friday, citing …
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Financial Institutions
Egypt Denies Reports about New Talks with IMF
by Yomna Yasserby Yomna YasserEgypt’s Finance Ministry has rebutted recent reports about resuming negotiations with the International Monetary Fund (IMF). Finance …
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Mamdouh Omar, head of the Income Tax Authority said the government will finalize a bill on a …
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Financial Institutions
IMF Delegation to Visit Egypt in January – Source
by Yomna Yasserby Yomna YasserA delegation from the International Monetary Fund (IMF) will visit Egypt during the first week of January …
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Egypt News
Egypt Has to Undergo ‘Faltering’ Stage Before Restoring High Growth Rates
by Yomna Yasserby Yomna YasserEgypt will be seeing a stage of an economic unsteadiness before being able to recover and restore …