OFFICES Cabinet 2793 5000 Ministry of Defence & Military Production 2260 2566 Ministry of Petroleum & Mineral Wealth 2760 1401 2670 6402 Ministry of Electricity & Renewable Energy 2401 2361 2401 2362 Ministry of Foreign Affairs 2579 633439 2577 2500 Ministry of Communications & Information Technology 3534 1010 Ministry of Local...
BARON HOTEL 14 Al Baron, El Montaza Heliopolis, Cairo Governorate T: (02) 2291 5757 www.baronhotels.com reservation@baronhotels.com Rooms: 126 suites. Business and Conference facilities: two 250-person ballrooms and small boardrooms. Health and Leisure facilities: Shopping facilities and daily live entertainment. Guest Services: Free Wi-Fi...
Egypt’s attempts to boost its taxation revenue began to pay off in 2017. In the first quarter of FY 2017/18 total tax revenue expanded to LE88.6bn ($5.8bn), according to the Ministry of Finance (MoF), a significant advance on the LE57bn ($3.8bn) of the same period in the previous year and 1% more than the ministry’s target for income growth....
As Egypt enters 2018, a newly liberalised currency and the recent implementation of a much-anticipated investment framework have left it well positioned for continued economic expansion: the IMF expects the country’s GDP growth to reach 6% over the medium term. However, a structural fiscal deficit, high unemployment levels and socio-economic...
The implementation of Egypt’s new investment law in 2017 was broadly welcomed as an important advance in the country’s bid to make itself more attractive to domestic and foreign capital. However, the six-place decline of Egypt in the World Bank’s “Doing Business Report 2018” is a concern for a government keen to kick-start private sector...
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
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