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Business - Economy
10/11/2023 3:03:47 PM
Egypt's elevated debt in FY2023/2024 is the result of several factors, including high spending on interest rates, Ruud De Mooij, deputy director of the Fiscal Affairs Department at the International Monetary Fund (IMF), told Ahram Online.

Al-Ahram Weekly - Egypt
10/10/2023 11:51:22 PM
The House and the Senate face a full agenda, writes Gamal Essam El-Din

Al-Ahram Weekly - Opinion
10/10/2023 5:19:36 PM
Should the informal economy in the developing countries be left to its own devices or should it be integrated into the formal economy to reflect its role in the GDP, increase tax revenues and social security coverage, asks Mahmoud Mohieldin

Business - Economy
9/14/2023 7:37:59 PM
The Egyptian Cabinet issued a draft law to relaunch the zero-customs car import initiative for expats for three months, according to a statement on Thursday.

World - Africa
9/7/2023 5:57:33 PM
Renewables funding, global finance reform and carbon taxes head the demands formulated by African nations at a summit in Nairobi this week as the world heads towards annual climate negotiations.

Al-Ahram Weekly - Economy
9/5/2023 9:18:00 AM
President Abdel-Fattah Al-Sisi has instructed the cabinet to implement a fresh package of incentives to support industrial activity and accelerate localisation.

Business - Economy
8/29/2023 7:03:07 PM
Chancellor Olaf Scholz's government on Tuesday agreed a huge tax relief programme for companies in a bid to revive Germany's sputtering economy.

Business - Economy
8/27/2023 10:26:51 PM
Egypt’s President Abdel-Fattah El-Sisi directed the government on Sunday to implement a package of incentives, including tax exemptions, to support projects in strategic industries.

Business - Economy
8/13/2023 5:21:50 PM
The Egyptian government announced that they would repay participants who applied for the tax-free car import initiative and paid the full amount, after slashing costs by 70 percent in May.

Egypt - Society
8/11/2023 6:27:24 PM
Minister of Emigration and Expatriates Affairs Soha Gendy said those who previously registered for the initiative enabling Egyptians living abroad to import a tax-free car into Egypt can still benefit from it even after it officially expired in May.

Business - Economy
8/10/2023 4:01:25 PM
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent, Minister of Finance Mohamed Maait stated, according to a Cabinet statement on Thursday.

Al-Ahram Weekly - Egypt
8/7/2023 4:25:00 PM
The announcement of an anticipated tax increase on tobacco products has resulted in parallel-market price hikes and financial losses to the state treasury.

Business - Economy
8/6/2023 11:00:27 PM
Travelers to Egypt have brought around 600 kilograms of gold from abroad under a national decree exempting gold from customs duties and other fees except for value-added tax (VAT), an advisor to the Ministry of Supply and Internal Trade has said.

Business - 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).

Al-Ahram Weekly - 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.

World - 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.

World - 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.

Business - 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.

Al-Ahram Weekly - 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.

World - 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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