Tag: VAT

VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%

Real Estate Investment Division demands reducing VAT rate on construction contracts from…

Shaimaa Al-Aees

GB Auto business unlikely to be impacted by VAT: Ghabbour

Banks allocated just 5% of foreign exchange for company’s needs during Q2,…

Mohamed Ahmed

Finance Ministry denies claims that VAT will affect prices of petroleum products

VAT exempted goods will include all essential goods and services, says Ministry…

Mohamed Samir

Government exempts more goods from VAT to grasp parliament approval

International education, medicine, and special needs cars are added to the list;…

Abdel Razek Al-Shuwekhi

Parliament’s Budget Committee leaves VAT rate to the public session

Parliament’s Budget and Planning Committee has decided to leave setting a value-added…

Abdel Razek Al-Shuwekhi

Government committed to 14% VAT, parliament will understand: Prime Minister 

Egypt's rich are able to provide their needs easily and have to…

Mohamed Ayyad

Inflation to increase to 15-16% by end of September after electricity price rise

Decrease in poultry prices limited the increase in the inflation rate in…

Hossam Mounir

Parliament agrees with Finance Minister to pass VAT in exchange for imposing another tax

Elswedy is negotiating with the Industry Ministry to expedite allocating lands for…

Samira Saeed

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees

Inflation rate likely to rise next year: experts

Egypt’s core inflation rate climbed to its highest level in seven years…

Hisham Salah