PM Holds Discussions on Enhancing Development of the Egyptian Exchange

Prime Minister Mostafa Madbouly convened a meeting at the government headquarters in the New Administrative Capital (NAC) to discuss the development of the Egyptian Exchange, Invest-Gate reports.

Gov’t Extends Deadline for Property Tax Payment Until March-End

Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.

Egypt Kicks Off FY 2020/21 with Largest-Ever State Budget

Egypt's Ministry of Finance kicked off the FY 2020/21 state budget on July 1, estimated at EGP 2.2 trn, marking the largest in the country's history.

Egypt Rolls Out EGP 3 bn Initiative to Support Tourism: Minister

Egypt's Ministry of Finance has agreed to present EGP 3 bn in funding provided by the Central Bank of Egypt (CBE) to state banks for soft loans to tourist and hotel establishments at 5% annual interest, in a bid t ...

Gov’t Eases Payment of Health Sector Dues

Egypt’s Ministry of Finance issued new decisions regarding the payment of financial dues by the health sector amid the coronavirus (COVID-19) crisis

Tourism Revenues Hit All-Time High

Egypt's tourism revenues leaped by EGP 2.7 bn to reach EGP 12.570 bn in FY 2018/19, marking the highest historical record

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.

Gov’t Uncovers New Facilitation for Real Estate Taxpayers

Egypt's Ministry of Finance, in cooperation with the Arab Organization for Industrialization, will begin to provide new outlets, or "Caravans," through which taxpayers residing in seasonal areas will be able to pa ...

Gov’t Imposes Temporary Tariffs on Steel, Iron Imports

Egypt's Ministry of Finance has commenced the imposition of temporary fees of 15% on iron billets and 25% on steel rebar for 180 days, starting April 15.

Real Estate Tax Law Will Soon be Finalized: Finance Ministry

The Ministry of Finance announced on February 10 that the proposed amendments to the current real estate tax law will soon be finalized.

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