Industry committee agent in parliament submits draft law to remove detergents from table tax
Eliminating detergents from table taxes over upcoming period is not possible with Finance Ministry targeting tax revenues worth EGP 770bn, with VAT and table tax representing EGP 320bn of them
Parliament approves ‘Egypt’s Fund’ with EGP 200bn capital
Initial procedures of collecting funds for Egyptian sovereign fund in Q1 2019, says government sources
Bundesliga: DFL rejects Martin Kind’s application for exception to 50+1 rule
The president of Hannover has failed in his attempt to assume majority control of the Bundesliga club. Martin Kind had sought to be granted an exemption from a rule designed…
The global heat wave that’s been killing us
A heat wave is ravaging countries around the world. Although many celebrate sunny days, wildfires, wasted crops and health problems are some of the many disastrous consequences hot weather can…
MOC Petroleum launches recycling waste, solid product plant with EGP 240m investment
Plant will achieve an investment return exceeding 50% in first year of operation, says company’s president
Google fined €4.3 billion by EU regulator
The EU hits Google with a massive fine for freezing out rivals of its Android mobile phone system. The ruling could further enflame tensions between Brussels and Washington, which are…
AFAA recommends application of international standards to encourage investment, increase transparency, disclosure
The Arab Federation of Accountants and Auditors (AFAA) recommended the application of international standards to encourage investment, increase transparency, and disclosure, stressing that the application of these international standards in…
Hockenheim beckons, but is the writing on the wall for Formula One in Germany?
There's every chance that this weekend's German Grand Prix could be the last for some time. The Nürburgring fell into financial disarray years ago, while Hockenheim can't afford to make…
Inauguration ceremony, first council meeting of China-Arab Countries Inter-Bank Association led by NBE, CBD
Establishment of association marks a new milestone in relationship between China and member Arab countries, will efficiently lead to advancement of Belt and Road Initiative, says Aboul Fotouh
MCIT, Military Production Ministry form committee to discuss cooperation between two ministries
The Ministries of communications and military production agreed to form a committee to find out the most important points of cooperation that will be utilised at the initial stages and…