Egypt plans to replace its capital gains tax on stock market transactions with a stamp duty and cut value-added tax (VAT) on medical devices from 14 per cent to 5 per cent as part of a second package of tax facilities aimed at attracting investment and reducing burdens on businesses. The details of»»»

Egyptian Prime Minister Mostafa Madbouly directed the government to begin negotiations with electric vehicle dealers and secure the best available offers ahead of contracting the first batch of electric cars for government officials, replacing conventional fuel-powered vehicles. The move came durin»»»