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Business
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Economy
10/3/2024 10:53:51 AM
Some economists and financial market experts who spoke to Ahram Online have expressed different points of view concerning the visibility of applying capital gains tax (CGT) on the shares and profits of the Egyptian Stock Exchange (EGX), especially amid the ongoing escalations globally and regionally.
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Business
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Economy
9/22/2024 4:05:51 PM
Ahram Online (AO) discussed with key players in the market to what extent the incentives recently announced by the government serve the industrial sector leading to higher growth, with experts suggesting other areas the government should improve to accelerate the growth process of this pivotal sector.
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Al-Ahram Weekly
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Economy
9/21/2024 9:35:00 AM
A package of incentives aimed at helping small businesses, startups, and freelancers to pay their taxes was unveiled last week.
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Business
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Economy
9/11/2024 8:16:53 PM
Egypt launched the first phase of its new tax facilities measures in a press conference held by Prime Minister Mostafa Madbouly and Minister of Finance Ahmed Kouchouk on Wednesday.
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Business
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Economy
9/11/2024 12:00:00 PM
Minister of Finance Ahmed Kouchouk said his ministry's top priority is to rebuild trust between the tax authority and business community, during a dialogue with the business community organized by the American Chamber of Commerce in Egypt (AmCham).
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Business
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Economy
9/10/2024 1:22:12 PM
Prime Minister Mostafa Madbouly and Minister of Finance Ahmed Kouchouk will hold a press conference on Wednesday to announce a comprehensive package of new tax facilities measures to encourage investors, according to Extra News TV channel citing a government source.
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World
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Africa
9/4/2024 7:08:03 PM
After sleeping overnight in a line of cars waiting for fuel, Nigerian taxi driver Oluwashina Ilesanmi had to calculate how much a sudden petrol price increase cut into his earnings.
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Business
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Markets & Companies
8/18/2024 4:08:10 PM
Khaled Abbas, the chairman of the board of directors of Administrative Capital for Urban Development (ACUD), announced on Thursday that the company achieved a total profit of EGP26 billion, resulting in a net profit of EGP17 billion after excluding taxes.
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Al-Ahram Weekly
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Economy
8/13/2024 9:55:35 PM
Official statements have been giving reassurances about the economy and laying the foundations for new policies, reports Sherine Abdel-Razek
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Business
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Economy
8/13/2024 6:17:11 PM
Egyptian President Abdel-Fattah El-Sisi met with Prime Minister Moustafa Madbouly and Finance Minister Ahmed Kouchouk on Tuesday to discuss measures to achieve tax stability to spur investment flows as part of the country’s efforts to boost economic growth.
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Paris 2024
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News
8/8/2024 10:14:35 AM
Despite initial promises, so-called 'flying taxis' will not be circling above Paris during the Olympic Games this summer. German manufacturer Volocopter Thursday said it has scrapped test flights of the 18-rotor drones that resemble small helicopters over delays in the certification for the vehicle’s engine.
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War on Gaza
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War on Gaza
8/5/2024 10:12:22 PM
Israel's far-right Finance Minister Bezalel Smotrich ordered the seizure of 100 million shekels ($26 million) of tax funds intended for the Palestinian Authority, saying the funds would instead support Israeli victims of "terrorism".
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War on Gaza
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War on Gaza
7/17/2024 9:17:52 AM
Under American pressure, Israel has pledged to deliver large quantities of humanitarian aid into the war-ravaged Gaza Strip. But at the same time, the U.S. and Israel have allowed tax-deductible donations to far-right groups that have blocked that aid from being delivered.
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Business
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Economy
7/15/2024 8:47:26 PM
Ibrahim Embabi, Chairman of the Tobacco and Cigarettes Division of the Chamber of Food Industries in the Federation of Egyptian Industries (FEI), told Ahram Online that tobacco products are expected to see a rise next year due to the application of fees and value-added tax in line with the related laws.
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World
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Africa
7/9/2024 12:30:40 PM
Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.
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World
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Africa
7/5/2024 5:59:24 PM
Kenyan President William Ruto on Friday announced fresh borrowing plans and spending cuts after contentious tax hikes were scrapped following protests that left 39 people dead.
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World
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Africa
7/2/2024 9:55:18 AM
Kenya was bracing on Tuesday for fresh protest action against the government after anti-tax hike demonstrations last month descended into violence that left dozens of people dead.
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World
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Africa
6/29/2024 11:28:59 AM
At least 30 people died in protests in Kenya this week sparked by a government drive to substantially raise taxes in the East African country, Human Rights Watch said Saturday.
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World
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Africa
6/27/2024 2:52:10 PM
Kenyan police fired rubber bullets and tear gas at demonstrators in Nairobi on Thursday, as protesters returned to the streets despite President William Ruto scrapping contentious tax hikes after deadly clashes.
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World
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Africa
6/27/2024 11:00:59 AM
Kenyan demonstrators prepared to resume protests Thursday, a day after President William Ruto made a dramatic U-turn and withdrew contentious tax hikes following deadly rallies earlier in the week.
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