tax increase

UAE ruler issues decree to start value-added taxes in 2018
Economy

UAE ruler issues decree to start value-added taxes in 2018

The ruler of the United Arab Emirates has issued a decree that sets the stage for value-added taxes to start…
Egypt imposes big security clampdown, protests fail to materialize
Egypt

Egypt imposes big security clampdown, protests fail to materialize

Egypt imposed a big security clampdown in its cities on Friday, as mass demonstrations to protest against austerity measures failed…
Telecom Authority: Increased tax on mobile phones to start this year
Egypt

Telecom Authority: Increased tax on mobile phones to start this year

Increasing the sales tax on mobile phone lines from 15 percent to 18 percent is necessary, and the hike will…
New taxes will not affect lower income categories, govt claims
Business

New taxes will not affect lower income categories, govt claims

Finance Minister Momtaz al-Saeed said Monday that a planned set of tax amendments will not adversely affect people with low…
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