Category: Industry

Income tax law amendments aim to stimulate investment

Finance Minister Mohamed Maait said on Monday amendments to the income tax law, approved by the Cabinet and referred to the House of Representatives, aim to alleviate citizens’ suffering and stimulate investment in light of the crises that have affecte…

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Euromoney: Egypt’s financial sector is evolving fast

Egypt’s financial sector, not traditionally distinguished by its speed, is evolving fast backed by the reforms efforts made by the Central Bank of Egypt (CBE), the Euromoney Institutional Investor PLC said on Monday2/5/2022.In a statement posted on its…

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UAE Central Bank starts circulating two new banknotes

Abu Dhabi, The UAE Central Bank of the UAE (CBUAE) has announced that the new AED5 and AED10 banknotes have entered circulation following distribution to all banks operating in the country.The CBUAE – in collaboration with the UAE Banks Federation (UBF…

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