Egypt’s Tax Authority is intensifying efforts to strengthen its transfer pricing framework as part of a broader push to modernize the country’s tax administration and improve transparency in cross-border transactions, …
Economy
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EconomyHighlights
Egypt Launches Strategic Financial Empowerment Program to Transition Social Welfare Beneficiaries into Economic Contributors
Egypt’s Cabinet, headed by Prime Minister Mostafa Madbouly, has approved a proposal to establish the Strategic Financial Empowerment Program, a transformative initiative aimed at transitioning welfare recipients into economically active …
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Egypt’s Cabinet has approved a presidential decree ratifying a grant agreement between the Egyptian government and the African Development Bank (AfDB), aimed at enhancing the institutional and organizational structure of …
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EconomyHighlights
New Tax Reforms in Egypt Cap Fines, Support Reconciliation, and Target Informal Economy”
The Egyptian Tax Authority (ETA) Chairperson,Rasha Abdel Aal, reaffirmed the Ministry of Finance’s commitment to fostering a transparent and constructive relationship with the business community. She emphasized the Authority’s focus …
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In a high-level bilateral meeting in Cairo, Egypt’s Minister of Planning, Economic Development, and International Cooperation Dr. Rania Al-Mashat met with Vietnamese Deputy Prime Minister and Foreign Minister Bùi Thanh …
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EconomyHighlights
Egyptians Abroad Gain Easy Access to Investment and Insurance Services Through Digital Platforms, Says FRA Chair
Egyptians living abroad can now seamlessly invest in the Egyptian Exchange and diversified investment funds via advanced digital application, according to Mohamed Farid, Chairperson of Egypt’s Financial Regulatory Authority (FRA). …
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With just over a week remaining, the Egyptian Tax Authority (ETA) has issued a final call for taxpayers to take advantage of sweeping tax relief measures introduced earlier this year …
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EconomyHighlights
Egypt Launches Unified Digital Platform for LLC Registration in Major Investment Reform
In a significant move to boost investment climate efficiency and promote digital transformation, the Egyptian Cabinet has announced the launch of a unified online platform for establishing limited liability companies …
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Egypt has recorded a 36% year-over-year increase in tax revenues, a direct result of its sweeping digital transformation of the national tax system — a move now hailed as a …
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EconomyHighlightsWomen on Top
Egypt Allocates Record EGP 45 Billion to Export Sector as Dr. Nevine Mansour Leads Rollout of First EGP 5 Billion Payment
Egypt has set a historic precedent in its economic policy by allocating EGP 45 billion in the current fiscal year to support its export sector—the largest export support package in …