Egypt Zones accountACCOUNT

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Egypt's VAT Unchanged in Law's Amendments, New Exemptions Included
Egypt >> 12/1/2020 - The new amendments to the Value Added Tax (VAT) law will not affect the current value of the tax of 14 percent, Salah Youssef, the head of Research and Tax Policies at the Ministry of Finance revealed...
Egypt’s Capital Inflows Fell by Half in FY2019/20 Amid Coronavirus Pandemic: CBE
Egypt >> 12/1/2020 - Net inflows of the capital and financial account dropped by half to $5.4 billion in FY2019/20, down from the $10.9 billion registered in FY2018/19, according to the Central Bank of Egypt (CBE).
Egyptair and Air Cairo Activate Codeshare Agreement
Egypt >> 12/1/2020 - EgyptAir and Air Cairo announced on Sunday the signing of a new codeshare between the two companies, aimed at providing more travel options to customers, strengthening their presence in new markets du...
Egypt Expects US$1.6 Billion IMF Loan By The End Of December: Minister
Egypt >> 12/1/2020 - Egypt’s Finance Minister Mohamed Maait announced that a US$1.6 billion tranche from the International Monetary Fund (IMF) is anticipated to arrive by the end of December.

The IMF approved i...
Bahrain All Share Index Closes Higher
Bahrain >> 12/1/2020 - Bahrain All Share Index has closed at 1,482.05 points marking an increase of 4.53 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector and I...
Kia's November Sales Rise 2% on Suv Demand
Bahrain >> 12/1/2020 - Kia Motors Corp. said its sales increased 2 percent last month from a year earlier on robust demand for its sport utility vehicle (SUV) models.

Kia Motors sold 256,019 vehicles in November,...
Amman Stock Market Falls
Jordan >> 12/1/2020 - The Amman Stock Exchange (ASE) opened trading with a drop to 1,572 points compared to 1,573 points of last session closure, Jordan News Agency (Petra) reported.

During the first 15 minutes ...
Planning Ministry Finances 39 Projects for Military Pensioners
Jordan >> 12/1/2020 - The Ministry of Planning and International Cooperation, in partnership with the Association of Retired Servicemen and Veterans, approved funding for 39 new projects for military retirees.

P...
Egypt Among World’s 10 Fastest-Growing Economies in 2020 - Blomberg
Egypt >> 12/5/2020 - Egypt has withstood the economic impact of the coronavirus pandemic so successfully that it was among the world’s 10 fastest-growing in 2020, Blomberg said.

At least five of Ethiopia, Ugan...
Finance Min. Says Egypt Steadily Moving Forward in Tax Reform
Egypt >> 12/5/2020 - Egypt is steadily moving forward along the road to tax reform, Minister of Mohamed Maait said .

Addressing an Arab tax law conference on tax reform, given the requirements of financial and...
Hundreds of Workers Go on Strike in Daqahlia to Protest Selling of Factory
Egypt >> 12/5/2020 - Hundreds of workers at the Delta Company for Fertilizers and Chemical Industries (Talkha Fertilizer), a state-owned company in Egypt, staged a sit-in to protest the Daqahliya governor’s decision to se...
Green Recovery’ to Take Centre Stage as ADSW Summit Opens for Registration
United Arab Emirates >> 12/5/2020 - Masdar has announced that registration is now open for the Abu Dhabi Sustainability Week, ADSW, Summit, the global platform for accelerating sustainable development, which will take place virtually in...
Bahrain Says It Won't Allow Imports from Israeli Settlements
Bahrain >> 12/5/2020 - Bahrain will not allow the import of Israeli goods produced in settlements in occupied Palestinian territory, state news agency BNA reported, disavowing comments made by the Gulf state’s trade ministe...
UAE Embassy Honors Partners and Highlights Shared Achievements
United Arab Emirates >> 12/6/2020 - The United Arab Emirates (UAE) Embassy in Washington, DC celebrated the country’s 49th National Day through a virtual program that highlighted the UAE’s shared achievements with partners in 2020, incl...
Turkey in Weekend Lockdown With Coronavirus Cases at Record Highs
Turkey >> 12/6/2020 - Turkey has entered its first full weekend lockdown since May as deaths from coronavirus more than doubled in less than three weeks to hit record highs, with daily infections now among the highest numb...
Kuwaitis Go to Polls As Economy Poses Challenge for New Emir
Kuwait >> 12/6/2020 - Kuwaitis voted in legislative polls on Saturday with the Gulf state mired in its worst economic crisis in decades, which poses a challenge for the government’s often stormy relationship with a parliam...
Govt Seeks to Contribute to Green Economy Efforts
Egypt >> 12/7/2020 - Minister of International Cooperation Rania el Mashat has said that the government seeks to encourage the private sector to contribute to the Green Economy Transition (GET) efforts meant to abide by e...
Transport Min, EBRD Officials Probe Work Progress
Egypt >> 12/7/2020 - Transport Minister Kamel el Wazir discussed with the European Bank for Reconstruction and Development's (EBRD) Managing Director for southern and eastern Mediterranean (SEMED) region Heike Harmgart th...
Egypt-France Trade Exchange Increased Over 9 Months: CAPMAS
Egypt >> 12/7/2020 - The Central Agency for Public Mobilisation and Statistics (CAPMAS) has announced an increase in trade volume between Egypt and France, which recorded $1.6 billion from January to September 2020.
Amid Brexit, Egypt, Britain Sign Free Trade Agreement
Egypt >> 12/7/2020 - Egypt and Britain signed an agreement establishing a trade partnership between the two countries, which will go into effect on January 1 after the United Kingdom leaves the European Union.

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