Egypt : 10% tax on capital gains and stock dividends introduced

One of the first economic reforms under President Al-Sisi has been announced. Henceforth, a 10% tax will be levied on capital gains and stock dividends but the percentage could be lowered to 5% in some cases. The taxes are expected to generate between 3,5 and 4,5million Egyptian pounds. The new law was approved by the […]

Sahel region remains ‘epicenter of global terrorism’, expanding terror threat across Africa and beyond

Africa’s Sahel region has become the global epicenter of terrorism, with extremist groups now responsible for over half of all terror-related deaths worldwide in 2024, according to the latest Global Terrorism Index (GTI). This marks a significant shift from previous years, as the region’s death toll rose to 3,885, accounting for 51% of the global […]

India’s leader N. Modi expected in Cairo Saturday for an official visit

India’s leader Narendra Modi will visit Egypt Saturday – his first- and looks forward to advancing partnership between the two countries. Modi’s visit follows that of Egyptian leader Abdelfattah Al-Sisi to the Asian giant last January, at the invitation of the Indian leader himself. “We had the pleasure of receiving President al-Sisi as the chief […]