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The amendments aim to minimise tax liability on factory owners and encourage certain productive sectors and strategic services.
The law also put in place flexible, new and updated mechanisms to facilitate the provision of financing for these projects and expand the provision of financial and non-financial incentives for the, as well as the development of simplified and flexible systems for permanent tax treatment.
Parliament transferred the draft law to the State Council to be revised
On Monday’s session, parliament discussed the new amendments in order to broaden the scope of terrorist entities to include Muslim Brotherhood-linked television channels, radio stations, and social media accounts, which are involved in inciting violence and terrorism, as well as being involved in funding terrorist activities and operations.
The report included achievements and parliament’s performance during the year, which witnessed the fourth round, the beginning of fifth, and its last round.
During the session, the parliament speaker Ali Abdel Aal said the State Council’s report on the law came in line with what the parliament said. In November, the parliament initially approved new amendments and referred it to the State Council for its advisory opinion.
The index is based on telephone and face-to-face interviews, over two out of three people worldwide said in 2018 that they feel safe walking alone at night where they live (69%) and have confidence in their local police (68%).
Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor
Authority’s board will continue with its current formation till new board is formed
The law was re-drafted by the Ministry of Social Solidarity upon Al-Sisi’s request, to replace the previous Law No. 70 of 2017.
Coping with international standards helps Egypt to boost its real estate exports, says Mountain View’s chairperson
Committee already started receiving suggestions from relevant stakeholders, says Wally
This comes one day following ratification of National Press Authority law
During past weeks many hashtags on social media spoke against harassment following Fifth Settlement incident
Clubs have right to develop resources, sports investment, intellectual property, and public performance of matches
The new law will impose sanction of imprisonment and a fine of not less than EGP 100,000
Law gives more privileges, immunity for senior military commanders
Parliament approves three laws to regulate media, press
Current term expected to end soon, but after passing several bills
Parliament approved a law designating the Industrial Development Authority (IDA) an independent body capable of meeting the needs of the industrial sector in Egypt, increasing investment opportunities, and pushing growth indicators to growth during the coming period The law stipulates that the IDA shall be a public economic entity that is legally independent. It shall …
Parliament approves in principle law to regulate both companies
Draft law comes among a rising wave of nationalistic sentiments ahead of presidential election
The decision was published in state gazette early Tuesday
Parliament’s Transportation Committee has approved an agreement for General Electric (GE) to supply 100 locomotives and maintain 81 locomotives at a cost of $575m The committee is waiting for the cabinet to complete its draft of an amendment to Law No. 152 of 1980, related to the establishment and operation of railways. MP Mohammad Badawi …
Any official or employee causes the disruption of the work of licensed industrial facility pays a fine of not less than EGP 5,000 and not exceed EGP 100,000, says minister
The average revenue of implementing the “reconciliation on building violations” law is estimated at EGP 90bn, according to Adel Badawy, a member of the parliament’s Housing, Public Utilities, and Reconstruction Committee. The draft law is in parliament awaiting approval, but there is a lot of dispute between the members of the parliament on the draft …
The cabinet to decide bylaw of the new law within two months
El Barbary, Sadek, Bahaa El Din intend to run for seat
The new bylaw amendments aim to improve Egypt’s rank in international reports
Head of the Media Committee Osama Heikal spoke during a press conference to reflect on the parliament’s achievements