taxes

Government studies customs regulations to protect textile industry
Business

Government studies customs regulations to protect textile industry

The customs duty authority is meeting next week to revise tariffs and duties on textile products with a view to…
Egypt destroys 4 million smuggled cigarettes
Business

Egypt destroys 4 million smuggled cigarettes

The Port Said Customs Authority has announced that it destroyed four million cigarettes in August. The cigarettes were seized before…
Analysts, business leaders critical of tax revisions
Business

Analysts, business leaders critical of tax revisions

Caught between a capitalist logic to encourage investments in a slowing economy, and a revolutionary reality that demands immediate attention…
IMF welcomes Egypt budget reforms, businessmen skeptical
Business

IMF welcomes Egypt budget reforms, businessmen skeptical

The International Monetary Fund (IMF) welcomed the social reforms announced by the Egyptian government as part of the state budget…
Govt denies plan to impose new taxes to cover cost of subsidized goods
Business

Govt denies plan to impose new taxes to cover cost of subsidized goods

The government has no intention of imposing new taxes to cover this year’s anticipated increase in state subsidized goods and…
Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue
Business

Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue

Egyptian Chamber of Tourist Commodities Director Mohamed al-Qattan said the government has begun to limit the proliferation of unlicensed bazaars…
Sharqiya microbus drivers strike to protest ‘tax increase’
Egypt

Sharqiya microbus drivers strike to protest ‘tax increase’

Microbus drivers and owners in Sharqiya began a strike Saturday to protest an alleged increase of their annual taxes to…
Egypt’s nationwide truck drivers’ strike could push inflation up
Business

Egypt’s nationwide truck drivers’ strike could push inflation up

Truck drivers have continued on Saturday to protest for a second day against a decision by the government to increase…
Egypt’s elections presses economy, say experts
Business

Egypt’s elections presses economy, say experts

Massive expenditure ahead of the parliamentary and presidential elections is slowing down the government’s ability to accelerate economic reforms, analysts…
Death and taxes: Govt makes smoking less convenient, more expensive
Egypt

Death and taxes: Govt makes smoking less convenient, more expensive

Ahmed Yassin actively looks forward to a drop in his business. The owner of a kiosk on Mourad Street in…
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