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Egypt’s Building Tax Exemption Raised to LE 24,000
Egypt >> 9/24/2018 - In a new law, Minister of Finance Mohammed Moaet stated that the country’s tax exemption on buildings has been raised from LE18 to LE24,000, whether the owner holds one residential building or more.
Egypt’s Economy One of the Strongest in the Middle East
Egypt >> 9/24/2018 - International Monetary Fund (IMF) Director Christine Lagarde announced that Egypt’s economy has become one of the highest growing economies in the Middle East.

Following a meeting with Presid...
Planning Ministers of Egypt, Pakistan Confer on Bilateral Cooperation
Egypt >> 9/24/2018 - The planning ministers of Egypt and Pakistan met to discuss bilateral cooperation between their countries.

Hala el Saeid of Egypt told her Pakistani counterpart Makhdoom Khusro that her cou...
Egypt’s Economy Showing Strong Signs of Recovery
Egypt >> 9/24/2018 - Egypt's economy is showing strong signs of recovery and its economic growth rate is among the highest in the Middle East region, said Managing Director of the International Monetary Fund (IMF) Christi...
Egypt's exports to Russia hit dlrs 402m during first half of 2018
Egypt >> 9/25/2018 - Egypt's exports to the Russian market have increased tangibly during the first half of this year reaching dlrs 402.4 million, compared to dlrs 360.6 million during the same period in 2017.

Th...
Dubai Chamber Examines CSR Role in Driving Business Growth
United Arab Emirates >> 9/25/2018 -  The Dubai Chamber of Commerce and Industry recently hosted an informative seminar examining the role of Corporate Social Responsibility, CSR, in driving business growth which provided a platform for ...
SHUAA Capital Hosts Executive Chairman Of Egyptian Exchange
Egypt >> 9/25/2018 - SHUAA Capital, in collaboration with The Egyptian Exchange, recently held a roundtable breakfast briefing session hosting Mohamed Farid Saleh, Executive Chairman of The Egyptian Exchange, and Jassim A...
Egypt's Stock Exchange Gains EGP7.2 Bln on Tuesday
Egypt >> 9/25/2018 - The Egyptian Exchange (EGX) indexes went up at the close of trading amid purchasing operations by local and foreign institutions and investment funds.

The market capital gained EGP 7.2 billi...
Egypt To Tour Asian, European Markets
Egypt >> 9/25/2018 - Egyptian officials plan to launch Asian and European tours starting in the week after next to market international bonds, which will be offered when the time is right, Finance Minister Mohamed Maait s...
Share Sale For Egypt's CIRA 18.9 Times Oversubscribed
Egypt >> 9/25/2018 - An initial public offering (IPO) of some 14.5 million shares of Egypt’s Cairo for Investment and Real Estate Development company (CIRA) was 18.9 times oversubscribed , traders said.

Ten compa...
Efforts To Counter Black Cloud Bearing Positive Results
Egypt >> 9/25/2018 - Prime Minister Moustafa Madbouli said that a plan by the Environment Ministry to counter the black cloud over Greater Cairo and the Delta region is bearing positive results.

Reports from Yas...
CBUAE Withdraws AED11.7 Bn In Excess Liquidity During August
United Arab Emirates >> 9/25/2018 -  The Central Bank of UAE withdrew AED 11.7 billion out of excess liquidity in the market during August after it met the market needs for cash in July, during which a total of AED5.2 bn in cash was pum...
Ministry Of Finance Issues a Circular on Collecting and Supplying (Table) Tax Enforced Under VAT Law
Egypt >> 9/26/2018 - In attempt to facilitate and simplify procedures of VAT collecting, Ministry of Finance issues circular no. 113/2018 on procedures of collecting and supplying (table) tax, effected under VAT Law issu...
Finance Bill 2019: No New Taxes, Slight Rise in Budgetary Revenues
Algeria >> 9/26/2018 - The finance bill 2019, adopted by the Council of Ministers, does not contain any new tax and foresees a slight increase in budgetary revenues and operational budget.
Abu Dhabi to Host the Economist Events’ Global Illicit Trade Summit
United Arab Emirates >> 9/26/2018 - From counterfeit goods to illicit financial flows, to human trafficking and drugs; the ‘shadow’ economy is estimated reach over US$3 trillion. With an aim to create a dialogue and address the root cau...
Suez Canal Zone Revenues from Settlements with Investors Hit EGP 3.4bn
Egypt >> 9/26/2018 - Head of the Suez Canal Authority Mohab Mamish said that revenues from the Suez Canal Economic Zone from settling disputes with investors hit 3.4 billion pounds.

In a released statement, he ...
Egypt's Economic Experiment Attracted World Attention
Egypt >> 9/26/2018 - Head of the Egyptian-American Enterprise Fund (EAEF) James Harmon asserted that the setback of inflation rate in Egypt is a big success for the Egyptian government, a matter which increased the confid...
Egypt to Tour Asian, European Markets to Prepare For Global Bond Issue
Egypt >> 9/26/2018 - Egyptian officials plan to launch Asian and European tours starting in the week after next to market international bonds, which will be offered when the time is right, Finance Minister Mohamed Maait s...
Share Sale for Egypt's CIRA 18.9 Times Oversubscribed
Egypt >> 9/26/2018 - An initial public offering (IPO) of some 14.5 million shares of Egypt’s Cairo for Investment and Real Estate Development company (CIRA) was 18.9 times oversubscribed , traders said.

Ten compa...
Share Sale for Egypt's CIRA 18.9 Times Oversubscribed
Egypt >> 9/26/2018 - An initial public offering (IPO) of some 14.5 million shares of Egypt’s Cairo for Investment and Real Estate Development company (CIRA) was 18.9 times oversubscribed , traders said.

Ten compa...

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