Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was formed for this purpose. Although no time limit has been precisely set, according to him this tax will mainly be on gains acquired on Initial Public Offerings (IPOs) and also […]
Tag: economy
Algerian PM Recognizes Hurdles Facing Economy
The Algerian Prime Minister Abdelmalek Sellal has recognized before the Parliament that the country’s economy was facing many problems that hamper investments, wealth generating and jobs creation. The Prime minister who was presenting to the Parliament the government’s action plan earlier this week said one of the major problems facing the economy, which depends mostly […]

