Finance Ministry Denies Amendments to VAT, Income Tax Laws

Egypt's Ministry of Finance denied news circulated on any fundamental amendments made to the income tax and value-added tax (VAT) laws.

Heliopolis Housing to Sell Plots to Fund Investment Plan

Heliopolis Company for Housing and Development's board of directors approved on February 27 to sell part of the company’s land portfolio to finance its investment plan.

Egypt Is To Renew Financing Agreement With Global Banks

Egyptian Finance Minister Amr El-Garhy says he expects a financing agreement with a consortium of global banks will be renewed for another year

Finance Ministry: Monthly Inflation Rate to Stabilize in 4 Months

Egypt expects the monthly inflation rate to stabilize within four months at between 1-1.25%, Minister of Finance Amr El-Garhy says.

Heliopolis Housing to Ink EGP 500 mn Lease Agreement Tomorrow

Egypt’s construction company Heliopolis for Housing and Development will sign a lease agreement with Al-Oula - El-Taamir for Mortgage Finance tomorrow, Invest-Gate reports.

Egypt Gathers USD 4 bn from USD Bonds

Minister of Finance Amr El Garhy announces that Egypt has managed to gather USD 4 bn from USD bonds in international markets

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