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Egypt
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Society
3/7/2023 1:30:08 PM
The Egyptian government has no intention of taxing the income or remittances of Egyptians working abroad, Egypt's Minister of Emigration and Expatriate Affairs Soha Gendy said on Tuesday.
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Business
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Economy
3/5/2023 10:50:05 PM
Egypt’s cabinet Information and Decision Support Center (IDSC) recommends expanding the tax base, diversifying financing instruments, and accelerating efforts of engaging the informal activities in the formal sector as key elements for the Egyptian economy to navigate the current economic challenges.
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Egypt
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Politics
2/20/2023 7:18:52 PM
Egypt's parliament approved on Monday the extension of the law allowing expats to import tax-free cars for six months. Amendment to the law, drafted by MP Hisham Hilal, originally proposed that Law 161/2022 be extended by two months only – or from two to four months.
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Egypt
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Politics
2/15/2023 4:04:48 PM
Egyptian House of Representatives' Budget Committee approved on Tuesday a two-month extension to Law 161/2022 allowing Egyptian expats to import tax-free cars after paying their price in foreign currency.
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World
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International
2/8/2023 6:23:56 PM
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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Business
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Markets & Companies
2/7/2023 10:38:55 AM
British energy company BP reported record annual earnings on Tuesday amid growing calls for the U.K. government to boost taxes on companies profiting from the high price of oil and natural gas after Russia's invasion of Ukraine.
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World
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International
2/5/2023 2:37:08 PM
Former UK prime minister Liz Truss on Sunday criticised her successor Rishi Sunak "detrimental" tax policies, as the current leader also faced pressure from another predecessor Boris Johnson over his Ukraine strategy.
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World
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War in Ukraine
2/1/2023 3:46:25 PM
Ukraine on Wednesday expanded a clampdown on corruption with coordinated searches of residences linked to a high-profile oligarch and former interior minister, and tax offices in the capital, a senior official said.
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World
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International
1/29/2023 8:45:06 PM
British Prime Minister Rishi Sunak fired the chairman of the governing Conservative Party on Sunday for a "serious breach'' of ethics rules in failing to come clean about a tax dispute.
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Business
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Economy
1/27/2023 2:14:05 PM
Britain's Treasury chief said Friday that taming inflation is more important than cutting taxes, resisting calls from some in the governing Conservative Party for immediate tax breaks for businesses and voters.
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Business
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Tech
1/25/2023 5:57:37 PM
A chatbot powered by reams of data from the internet has passed exams at a US law school after writing essays on topics ranging from constitutional law to taxation and torts.
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World
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Region
1/18/2023 6:28:11 PM
Israel's Supreme Court ruled Wednesday that interior and health minister in the new government cannot serve as a Cabinet minister. The decision deepens a rift over the power of the courts in Israel and presents Prime Minister Benjamin Netanyahu with what could be his first coalition crisis.
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World
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International
1/16/2023 9:46:08 AM
Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday as the World Economic Forum's annual meeting gets underway.
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Business
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Economy
1/10/2023 10:11:04 PM
Minister of Finance Mohamed Maait said that the government has no intention to extend the deadline for the initiative launched for Egyptians living abroad to import cars into the country, free of custom duties and taxes, after its expiry date determined by law on 14 March.
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Al-Ahram Weekly
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Economy
1/6/2023 6:24:00 PM
The rules under which Egyptians abroad can import tax-free cars are being eased.
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World
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Region
1/5/2023 4:38:36 PM
Dozens of Tunisian lawyers protested on Thursday against newly imposed taxes on legal services, part of a 2023 budget that seeks to boost revenues to the cash-strapped treasury.
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World
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Region
1/4/2023 10:27:30 PM
Israeli Prime Minister Benjamin Netanyahu's justice minister on Wednesday unveiled the new government's overhaul of the judicial system that aims to weaken the country's Supreme Court as the top Israeli legal official opposes ex-con as minister
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Business
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Economy
1/2/2023 6:08:50 PM
Dubai ended its 30 percent tax on alcohol sales in the UAE emirate Sunday and made its required liquor licenses free to obtain to apparently further boost tourism.
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Egypt
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Politics
12/31/2022 10:28:00 PM
President Abdel-Fattah El-Sisi ratified on Saturday amendments to the Real Estate Registration in New Urban Communities Law, the Protection of Competition and Prohibition of Monopolistic Practices Law and the Unified Tax Procedures Law.
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Business
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Economy
12/27/2022 5:53:00 PM
The Spanish government on Tuesday announced a new package of measures worth some 10 billion euros ($10.6 billion) to alleviate the cost of living, including axing the value-added tax on basic foodstuffs.
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