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Parliament asks for three-month report on tax disputes
Tax disputes referred to judiciary are about 150,000, including appeals against income, sales taxation, VAT, stamp duties
Industry committee agent in parliament submits draft law to remove detergents from table tax
Eliminating detergents from table taxes over upcoming period is not possible with Finance Ministry targeting tax revenues worth EGP 770bn, with VAT and table tax representing EGP 320bn of them
Parliament approves ‘Egypt’s Fund’ with EGP 200bn capital
Initial procedures of collecting funds for Egyptian sovereign fund in Q1 2019, says government sources
Parliament approves new law giving senior military officers more rights
Only eight opposition MPs out of 596 voted against it
Parliament officially approves granting Egyptian nationality to foreigners
Reaction varied about decision, a hashtag created to express rejection against it
Parliament amends disputed article in press, media law
In response to remarks of the State Council and Press Syndicate, Egypt’s Parliament, headed by Speaker Ali Abdul Aal, approved some amendments to the press and media law, during a plenary session on Sunday. Several articles of those that have caused controversy were amended, during the discussion, as well as adding new articles to the …
Parliament to discuss amendment of press, media law on Sunday
Remarks of Press Syndicate will be considered during discussion, says Heikal
Parliament to approve government’s policy on Sunday
Committee assigned to discuss policy recommends Parliament approve policy
Parliament to complete government assessment report next week: MPs
There are some reservations on indicators in government’ programme, like proceeds of non-oil exports, which would not exceed $28bn in 2020 despite measures taken, legislations approved by parliament in past two legislative terms
Criticism over press, media laws continues, Parliament to review disputed articles
Criticism by high-figure media, press personnel, and concerned entities over the press and media laws continues, while Parliament confirms considering all disputed articles for ensuring the emergence of constitutional laws. In a report released by the National Council for Human Rights (NCHR) on Sunday, it made some remarks over the laws, according to privately owned …
Parliament to discuss law allowing preachers to issue fatwas
Parliament is currently gearing to vote on a law granting preachers affiliated with the Ministry of the Religious Endowments the right to issue fatwas (religious edicts), a step that angered several top religious institutions affiliated with Al-Azhar and Dar Al-Ifta. The law has caused controversy among preachers in the country’s religious institutions. The law is …
We will not leave any person poor: Madbouly
Policy focuses on continual of social protection services
Parliament to discuss tenders, auctions draft law within days
Parliament decides percentage of local product within government contracts shall not be less than 15% to encourage local producers to invest, expand projects
Parliament finally approves additional credit in this year’s budget worth EGP 70.3bn
Allocations for interests on additional credit estimated at EGP 57bn, other expenses include EGP 2.3bn in compensation for North Sinai residents
Parliament approves EGP 70.3bn additional allocations for current FY budget
The Egyptian Parliament approved on Sunday the draft law submitted by the government for additional allocations worth EGP 70.3bn for the current fiscal year (FY) 2017/2018. The bill stipulates that these additional allocations will be distributed as a EGP 57bn increase in the interest section of the state budget to meet the increase in the …
Egyptian Parliament extends nationwide state of emergency for three months
Fifth extension comes after Al-Sisi’s swearing in before parliament last month
Parliament approves factoring, financial leasing law
Bill allows firms, licensed NGOs to practice microfinance activities, says Nasr
Parliament to review new government’s plans by next week: sources
New prime minister will confirm his government’s commitment to continue economic reform programme initiated by former government
Parliament plans to impose ad fees on Facebook, Google
Draft budget for next fiscal year approved with EGP 1.4tn total expenditure, EGP 989bn revenue, target deficit of 9.8%, growth rate of 5.8%
Parliament’s approval of additional allocations for this FY budget will not raise target deficit: planning and budget committee head
Increasing interest rates this FY raised debt interest dues by EGP 54bn
Parliament to discuss three draft laws to regulate media, press bodies
The Egyptian Parliament, headed by Speaker Ali Abdel Aal, is to discuss on Sunday three new draft laws submitted by the cabinet to regulate Egypt’s Supreme Council for Media Regulation, the National Media Authority, and the National Press Authority. Parliament will discuss a separate law for each body, instead of one law regulating the work …
Madbouly to announce new cabinet before parliament next week
President Al-Sisi appointed on Thursday Sherif Ismail’s housing minister as new prime minister
Parliament approves cybercrimes law
A plenary session of parliament, chaired by Speaker Ali Abdel Aal, approved the cybercrimes law on Tuesday. Parliament rejected a proposal to amend the second and 24th article during the discussion. After the debate, Abdel Aal announced a final vote on the bill, after which he announced the house’s approval, with a single rejection. The …
Parliament approves FY 2018/2019 budget
The Egyptian Parliament approved on Tuesday the fiscal year 2017/2018 general budget with a total expenditure of up to EGP 1.4tn and expected revenues of EGP 938bn. The budget deficit reached 8.4%, while the growth rate stood at 5.8%, driven by new employment opportunities provided by private sector investments, amounting to about 850,000 jobs. MP …
Government allocates EGP 60bn to increase its employees’ pensions, salaries
Additional EGP 4bn approved to increase employee salaries after parliament’s request
Parliament committee recommends removing MP Khaled Bishr over EGP 45m dishonoured cheques to UBE
Parliament’s legislative and constitutional affairs committee, headed by Bahaa Abu Shoqa, concluded that the judicial verdicts against Khaled Bishr, a parliament member from Sharqeyah, have led him to lose trust in the MP for issuing dishonoured cheques worth EGP 45m for the United Bank of Egypt (UBE), which he said is an issue that affects …
Global economic risks negatively affect draft budget for next year: parliament’s planning committee
US raising short-term interest rate tightens conditions of Egypt’s external financing
Parliament approves final account for FY 2016/2017 budget
Egypt’s budget deficit fell to 10.9%, says finance minister
Parliament to swear in Al-Sisi for second term on Saturday
President Abdel Fattah Al-Sisi will be sworn in before the Egyptian Parliament on Saturday for his second term as president. On 2 April, the National Electoral Commission (NEC) officially announced that President Abdel Fattah Al-Sisi secured a second four-year presidential term with 97% of valid votes in a sweeping victory in the March presidential election. …
Low quality of services obstacle to growth of Egyptian tourism: MP Amr Sedky
MP Amr Sedky, member of parliament’s economic committee, is optimistic that the Egyptian tourism sector will be able to recover quickly this year as tourist arrivals increased during the first quarter of this year to 2.3 million tourists, up from 1.7 million last year. Sedky, a former board member of the Egyptian Travel Agencies Association …