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World
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International
11/18/2024 9:41:44 AM
G20 leaders gather in Brazil on Monday to discuss fighting poverty, boosting climate financing and other multilateral initiatives that could yet be upended by Donald Trump's impending return to the White House.
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Business
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Economy
10/10/2024 1:38:44 PM
Minister of Finance Ahmed Kouchouk unveiled the details of the first package of tax incentives and facilities on Wednesday, promising it will be fully implemented within the current fiscal year.
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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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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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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
6/26/2024 8:50:10 PM
Kenyan President William Ruto said Wednesday he won’t sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest assault on Kenya’s government in decades.
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World
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Africa
6/13/2024 12:28:23 PM
Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, alongside a contentious finance bill that contains a raft of new or increased taxes.
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Business
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Economy
3/25/2024 1:08:43 PM
A presidential decree establishing the Supreme Council of Taxes was issued on Monday, Minister of Finance Mohamed Maait announced.
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Business
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Economy
1/23/2024 2:28:38 PM
The Egyptian government has introduced simplified tax regulations for establishments with an annual turnover not exceeding EGP 10 million, Rasha Abdel-Aal, acting head of the Egyptian Tax Authority (ETA), said on Tuesday.
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World
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War in Ukraine
10/11/2023 8:42:00 PM
Ukraine is to receive 1.7 billion euros ($1.8 billion) from taxes on the interest generated from Russian funds frozen in the wake of Moscow's invasion of its neighbor, Belgium's prime minister said Wednesday.
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Business
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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.
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World
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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.
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Business
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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.
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Al-Ahram Weekly
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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.
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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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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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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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