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Beirut · BeirutThe Parliament approved, in its general session held today under the chairmanship of Dr. Hanafi Jabaly, chairman of the Parliament, and finally, on the government's bill to issue the 'Single Insurance' law, and the bill submitted by Deputy Safia Salama and more than eleven members of the Parliament to amend some provisions of the compulsory liability insurance law arising from accidents involving fast transportation vehicles […].'See the Story
The House of Representatives finally approves the draft law on “unified insurance”
Beirut · BeirutThe Parliament approved today, under the chairmanship of Dr. Hanafi Jabaly, president of the Parliament, and finally, on private law projects based on the economic and social development plan, and linking the final accounts for the fiscal year 2022/2023. The private law projects approved by the Parliament include: relying on the economic and social development plan, internal balance sheet reconciliation projects within the general balance, and f…See the Story
Parliament approves the reliance on the economic development plan and the final accounts 2022-2023.
United Kingdom · United KingdomIn its plenary session held on Monday, the House of Representatives finally approved the report of the Plan and Budget Committee on the draft law submitted by the government to open an additional appropriation in the state budget for fiscal year 2023-2024, worth 320 billion pounds. The Chairman of the Plan and Budget Committee, MP Dr. Fakhri Al-Faki, the rapporteur of the committee that considered the draft law, said that the draft law aims to r…See the Story
“MPs” agree to open an additional budget allocation worth 320 billion pounds
Cairo, Egypt · CairoDr. Mostafa Madbouly, Prime Minister, held a meeting today on procedures that will put a ceiling on public investments. The Prime Minister explained that the aim of this meeting is to confirm the decisions taken by the government to set a ceiling on public investments in order to reduce inflation rates. He added that this meeting is also aimed at reviewing the mechanism [...]See the Story
The Prime Minister is following up the procedures for setting a ceiling on public investments
European Union · CairoRania Al-Mashat, Minister of International Cooperation, said that the Egyptian government is currently working with the European Union to develop mechanisms to benefit from guarantees to encourage private investment worth 1.8 billion euros, which will be presented in detail during the Investment Conference scheduled for next June. During the activities of the first annual forum of the United Nations Global Compact, Al-Mashat added that the gover…See the Story
“Al-Mashat”: mechanisms to benefit from European guarantees worth 1.8 billion euros for private investment
Cairo, Egypt · CairoMa'it: It is estimated that revenues from the Suez Canal will fall by 60% due to the tensions of the Red Sea. Mohamed Ma'it, Minister of Finance, said that the inflationary wave caused by the global and regional crises has raised the import bill by about 4 billion dollars per month. He added that spending on subsidizing petroleum resources has risen very much and is close to 200 billion pounds due to the increase in world prices, shipping costs …See the Story
Minister of Finance: The inflationary wave has raised the import bill by 4 billion dollars per month
Finance · CairoThe Tax Solutions Operating Technology Company (eTax) has signed a contract with the Real Estate Tax Authority to implement the Authority's digital transformation system in the framework of completing the Egyptian Ministry of Finance's strategy for digital transformation in all its affiliated bodies and bodies. Under the contract, “Etax” will provide a range of services, the most important of which are technical operation, analysis, design, oper…See the Story
“Real Estate Taxes” contracts with “eTax” to implement the digital transformation system
Taxes · EgyptThe Egyptian Tax Authority has called on real estate owners who own housing units, summer units or shops and rent any of them, whether for a fixed term or a furnished rent, to notify the competent authority of the beneficiary's name of the property or part of it and the activity he practices within thirty days from the date of use, as revenues generated from this exploitation are subject to tax [...]See the Story