Real estate owners call amended real estate tax ‘defective’: Economist

Proposed property tax raises concerns over “double taxation”, Alia Al-Mahdi says

Daily News Egypt

Industry ministry to finalise law encouraging production, protection of domestic products

The ministry affirms that government procurement not subject to WTO rules, which reject protection of local products

Daily News Egypt

Cabinet reshuffle possible: Al-Sisi campaign source

Mehleb’s work strengthened the likelihood he would be retained at expense of former prime ministerial candidate Sirie El-Din, according to Al-Sisi campaign source

Daily News Egypt

Al-Sisi unveils economic plan

New President promises in speech to develop industry and agriculture, halt export of mined raw materials and implement development projects

Doaa Farid

Government to apply temporary wealth tax on companies

The Egyptian government expands scope of exceptional tax on wealth to cover companies and corporations rather than just individuals

Daily News Egypt

Employees expect 15% raise in salaries in 2014: Bayt.com survey

MENA Salary Survey suggests 42% of Egyptians are dissatisfied with their salaries and demand a raise since cost of living is on rise

Daily News Egypt

Egypt’s Palm Hills real estate developer appoints new co-CEO

PHD posted a 9% rise in first-quarter net profit to EGP 49.7m ($7m) versus a year earlier.

Daily News Egypt

Egypt third-most-preferred country for German companies

German think tank 2b AHEAD states that Egypt is North Africa’s economic haven, despite all political turmoil

Daily News Egypt

Al-Sisi meets Arab leaders after inauguration

The president held talks with top officials of Arabic countries that had vocally supported Egypt’s July power shift

Hend Kortam

NGOs call for investigation into alleged violations in Wadi El-Natrun Prison

Detainees in two sectors of the prison have allegedly been assaulted last week

Daily News Egypt