Cabinet Nods WB’s USD 500 mn Fund for Social Housing

Egypt's cabinet has approved a supplementary fund of USD 500 mn (EGP 8.1 bn) from the World Bank (WB) for funding the country's social housing program, coming under a portfolio worth USD 8 bn (EGP 129.1 bn).

Deloitte: GCC Businesses Must Focus on VAT Preparations

Deloitte Middle East advises businesses from different sectors in GCC region to look into their VAT preparations before January 2018, the start date of VAT implementation in the GCC.

Government Studies Possibility of Compensating Developers

Ten different ministries in the Cabinet are studying the possibility of compensating real estate developers for losses incurred due to recent economic decisions, in cooperation with the committee for compensations at ...

Real Estate Prices Projected to Increase due to VAT, Pound Devaluation

The parliament's General Committee is currently discussing the approval or rejection of the value-added tax (VAT) law submitted by the government on August 28.

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