Egypt's Human Development Index rises to become higher than Arab average

Sun, 27 Dec 2020 - 03:01 GMT

Egypt maintained the 116th rank out of 189 states.

Egypt's president reviews LE1B-initiatives targeted at low-income segments

Mon, 09 Nov 2020 - 10:54 GMT

President Abdel Fatah al-Sisi met on Sunday with his Advisor for Financial Affairs and Chairman of Tahya Misr Fund.

SuperJet achieves operating income worth LE 351M in past fiscal year - min.

Wed, 07 Oct 2020 - 10:38 GMT

Wazir's remarks came on Tuesday during his chairmanship of the company's general assembly meeting on reviewing its reports for the fiscal year that ended on December 31.

Egypt deducts 1% of salaries to face coronavirus

Thu, 21 May 2020 - 04:36 GMT

The Cabinet said, in a statement, that the law also included a deduction of 0.5 percent of the net income due from the pension of pensioners.

Banque Misr's proceeds from fixed-rate certificates hit LE 7.6B in 4 days

Thu, 26 Mar 2020 - 12:54 GMT

Etribi said these certificates will be available for several months and there is no need to be overcrowded at the bank's branches.

Sisi orders to increase workers' income, tax exemption limit

Sat, 14 Mar 2020 - 11:00 GMT

The President also directed increasing the tax exemption limit for those whose annual wage falls between LE 8,000 - 15,000.

Trade War: Threats and Opportunities

Sun, 07 Jul 2019 - 06:23 GMT

The world has been keeping a close eye on the trade war ignited by the United States that has set up barriers provoking retaliation by mainly China.

NGO to pay overdue social security taxes of irregular workers

Tue, 02 Jul 2019 - 11:28 GMT

The debts of eligible defaulters will be fully paid while the lawsuits against them will be dropped.

Companies in New York 'open' to new payroll tax system: state official

Sat, 06 Jan 2018 - 10:33 GMT

Companies in New York state are “open to the idea” of moving the state income tax code to a payroll tax system.

EETC, INCOME sign new cooperation agreement

Tue, 17 Oct 2017 - 11:49 GMT

Egypt’s electricity sector witnessed a surge in its investments year-on-year.

Bank ABC assets stand at $29B in H1

Tue, 25 Jul 2017 - 12:53 GMT

Bank ABC total assets stood at $29.2 billion at the end of H1 of 2017, compared to $30.1 billion in the same period of the previous year.

Egypt's poverty line to increase to LE 800 monthly per person

Sun, 23 Jul 2017 - 02:55 GMT

Egypt's poverty line will rise to LE 700 – LE 800 monthly per person in fiscal year 2017/18.

Housing ministry opens reservation for new housing units

Sat, 22 Jul 2017 - 02:36 GMT

Ministry of Housing and Urban Communities opened reservations for the 9th offering of the social housing project on Friday

How to utilize your income

Sun, 16 Jul 2017 - 08:29 GMT

What people tend to do to make a living is to stick to the safe and known