Financial institutions in Egypt
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Egypt imposes property tax on oil and gas fields
Property tax is set at 10 per cent of a unit's rental value and three per cent of a unit's capital value.
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Egypt's president ratifies property tax law
Amendments to property tax low cover issues of raising property values, exemptions and forming assessment committees.
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Beltone manages EGP100m Misr Insurance investment fund
The fund will be managing various financial tools such as fixed income, deposits, treasury bills and deposits.
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Rumours of IMF negotiations untrue: Finance Minister
Negotiations between the IMF and Egypt were suspended indefinitely following the election of former president Mohamed Morsi in June 2013.
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Egypt’s Talaat Moustafa posts 12% increase in net profit in first half 2014
Revenues were up to 2.663 billion pounds compared to 2.418 in the first half of 2014.
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Egypt's Qalaa Holdings Q1 net loss widens by 7 pct
Net losses for the first quarter dipped seven percent year on year to reach 231.9 million pounds due to increased charges.
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PM: Egyptian banks to issue 5-year investment vehicles for Suez Canal
The new Suez Canal project will be funded by debt certificates to be issued “in about a week”.
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Austerity measures won't save Egyptian economy
Without any reform, the total deficit would reach 243 billion EGPs ($34 billion), or around 12% of gross domestic product (GDP).
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Faisal Islamic Bank of Egypt selects SunGard risk management solutions
SunGard to help build a new operational framework for improved risk exposure, reporting and Basel compliance.
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Property stocks boost Egypt bourse
The main Egyptian benchmark rose 0.4 percent, its sixth gain in seven sessions, to 9,274 points, bringing its gains to 87 percent.