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Business
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Economy
7/31/2023 9:30:00 AM
Egypt’s informal economy still accounts for 40 percent of GDP, despite government efforts to regulate it through formal integration, according to recent data from the Cabinet's Information and Decision Support Center (IDSC).
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Al-Ahram Weekly
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Egypt
7/29/2023 5:26:00 PM
New head of the Egyptian Tax Authority Fayez Al-Dabaani explains plans to achieve Egypt’s targeted tax revenues.
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World
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Region
7/27/2023 10:36:47 PM
Explosives planted in a taxi detonated in a Damascus suburb near a Shia Muslim shrine Thursday, killing at least six people and wounding dozens a day before the solemn holy day of Ashura, state media reported, citing the interior ministry.
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World
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International
7/26/2023 12:27:05 PM
President Joe Biden's son, Hunter Biden, faced new challenges on the eve of a scheduled court appearance Wednesday in which he's set to plead guilty in a deal with prosecutors on tax and gun charges.
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Business
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Economy
7/23/2023 6:29:53 PM
Egypt's tax authorities have generated EGP 8.8 billion ($286 million) from 7,305 tax evasion cases, out of 22,000 discovered since the launch of the e-invoice system in November 2020, according to a statement by the Ministry of Finance on Sunday.
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Al-Ahram Weekly
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Egypt
7/21/2023 12:29:00 PM
No new taxes are planned on crisps and other snacks in Egypt, one of the economy’s major success stories.
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World
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Africa
7/19/2023 8:41:14 PM
Police in Kenya opened fire on protesters in clashes that left at least 12 people wounded Wednesday as the opposition organized demonstrations calling for the government of President William Ruto to lower the cost of living.
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World
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Region
7/17/2023 8:40:37 PM
A Lebanon judge on Monday ordered the seizure of embattled central bank governor Riad Salameh's properties pending a local investigation into his wealth, a judicial official told AFP.
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World
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International
7/16/2023 9:58:48 AM
G7 finance chiefs are set to discuss Sunday aid to war-stricken Ukraine, debt distress faced by struggling economies, bank reform and a global tax deal, alongside wider G20 meetings in India.
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World
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Africa
7/12/2023 10:49:36 PM
Six people were killed on Wednesday in clashes between police and demonstrators in Kenya who joined banned opposition protests against tax hikes, police officers told AFP.
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Sports
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World
7/12/2023 5:29:33 PM
Carlo Ancelotti will stand trial for tax fraud after the Real Madrid coach allegedly failed to declare image rights earnings in 2014 to the Spanish tax office.
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World
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Africa
7/12/2023 11:57:17 AM
Kenyan officers fired tear gas on protesters Wednesday as they defied a police ban to join demonstrations called by opposition leader Raila Odinga against a raft of tax hikes.
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Egypt
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Politics
7/11/2023 4:11:20 PM
The House of Representatives approved a two-article draft law on Tuesday which eliminate tax exemptions for state-owned entities and affiliated companies and boost private enterprise.
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Business
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Economy
7/10/2023 4:16:54 PM
The Central Bank of Egypt is considering implementating a flexible exchange rate policy by the end of 2023, Fakhry El-Fiqi, Head of the Planning and Budget Committee at the House of Representatives said.
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World
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Africa
7/8/2023 3:47:41 PM
The number of people killed in protests in Kenya rose to two on Saturday, a hospital official told AFP, after opposition leader Raila Odinga urged Kenyans to take to the streets against tax hikes.
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Business
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Economy
7/2/2023 7:30:44 PM
More than 65,000 tax disputes, spanning seven years, have been settled away from court, said Finance Minister Mohamed Maait.
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Sports
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World
6/30/2023 1:56:27 PM
Real Madrid midfielder Luka Modric and former Liverpool defender Dejan Lovren were again charged in Croatia on Thursday with allegedly giving false testimony about financial deals they had with a former Dinamo Zagreb director who has been sentenced for embezzlement and tax fraud in a multi-million-dollar case.
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Business
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Economy
6/21/2023 5:10:04 PM
The Egyptian Cabinet has abolished tax exemptions for state entities and affiliated companies in economic activities in order to implement the principle of parity of treatment between the private and public sectors and extended licensing rights to new industries in free zones.
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Business
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Economy
6/20/2023 5:35:29 PM
Experts and party representatives at the Egyptian National Dialogue emphasized the importance of rationalizing public spending and reducing reliance on loans during a session on reforming the state's general budget on Tuesday.
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World
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Africa
6/6/2023 12:33:15 PM
Kenyan police fired tear gas and arrested 11 protesters, AFP journalists said, during a march in Nairobi on Tuesday against a new finance bill that critics say will pile more economic hardship on ordinary people.
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