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SEMIRAMIS INTERCONTINENTAL CAIRO Corniche El Nil, Garden City, Cairo T: +20 (2) 2798 8000 www.intercontinental.com info.semiramisic@ihg.com Rooms: 721 rooms, including 68 business, junior, executive, Nile and presidential suites with Nile view. Business & Conference Facilities: 11 banquet and meeting rooms, in addition to the...

ETIQUETTE: It is integral to Egyptian culture to be courteous to foreigners. A conversation, whether business-related or not, is usually accompanied by coffee, tea or juice. Social rules dictate the appropriate way to greet people in business meetings. Close friends of the same sex will sometimes greet with a kiss on each cheek,...

The legal environment is a major factor in an investor’s decision to set up shop in a foreign country, as is the ease of doing business once the enterprise begins operations. Egyptian laws that are most relevant for foreign investors are those that regulate corporate operations, labour, investment and property.

There are two key shifts shaping the tax and accounting environment in Egypt. The first is the Covid-19 pandemic, which is having a far-reaching impact across a range of sectors, from health care to manufacturing and retail. The need for social distancing has not only resulted in curfews and stay-at-home orders, but has also reshaped office...

In the past few years several changes have been made to Egyptian law to reshape the tax system. These reforms are important in light of changes that have recently been implemented in the field of taxation on a global level, due to significant and persistent fluctuations in the world economy.