As part of its continuous digital transformation agenda, the Zakat, Tax and Customs Authority (ZATCA) is progressing with Phase 2, the integration phase of electronic invoicing (FATOORA), now advancing into Wave 3 [...]
In recent years, Saudi Arabia has made significant strides in aligning its transfer pricing (TP) framework with international standards, reflecting its commitment to transparency, tax base protection, and fair cross-border [...]
In recent years, Egypt has accelerated its journey toward digital transformation across various sectors, with tax administration being a pivotal focus. One of the most significant steps in this direction [...]
The pharmaceutical industry in Egypt is poised for a transformative leap with the establishment of a state-of-the-art pharmaceutical raw materials factory in Ain Sokhna. This ambitious project reflects Egypt’s strategic [...]
Egypt’s ongoing agreement with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) demonstrates the country’s commitment to structural economic reforms and fiscal oversight. As the IMF conducts [...]
Egypt is poised to benefit significantly from the European Union’s $1.04 billion funding package. This initiative, aimed at fostering economic stabilization, offers a wide array of opportunities for businesses and [...]
In a significant turn of events, inflation has dropped to its lowest level in two years, offering a much-needed breather for businesses across various sectors. This development marks a pivotal [...]
The Central Bank of Egypt (CBE) recently announced its decision to maintain its benchmark interest rate at 27.25%, reflecting ongoing efforts to stabilize the economy amid global and domestic [...]
The Egyptian government has recently announced plans to review its corporate tax laws, signaling potential reforms aimed at bolstering foreign direct investment (FDI) and fostering a more business-friendly environment. [...]
Egypt’s tax landscape is evolving as the government intensifies its efforts to enforce compliance with Value Added Tax (VAT) regulations. This development, while aimed at strengthening fiscal revenues and ensuring [...]