Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Resumption of production at El Nasr marks strategic step towards localising automotive industry: El-Shimy    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    United Bank achieves EGP 1.51bn net profit in H1 2025, up 26.9% year-on-year    After Putin summit, Trump says peace deal is best way to end Ukraine war    Jordan condemns Israeli PM remarks on 'Greater Israel'    Egypt's Supreme Energy Council reviews power supply plans for 14 industrial projects    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egyptian pound closes high vs. USD on Tuesday – CBE    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt in the international media
Published in Albawaba on 25 - 04 - 2015


Al Monitor
Egyptian businessmen rattled by new regulations
In a move that led to the loss of billions of Egyptian pounds on the stock market, the Ministry of Finance issued implementing regulations April 7 for a law ratified by President Abdel Fattah al-Sisi in mid-2014 imposing a 10% tax on stock market profits for shareholders and speculators.
The law had been met with opposition from businessmen and preceded the loss of billions of pounds on the stock market after the government began discussing it on May 31, 2014, until its ratification by Sisi on July 2, 2014.
A source from the Egyptian Businessmen Association who spoke to Al-Monitor on condition of anonymity expressed his opposition to the new tax law.
Read more: http://www.al-monitor.com/pulse/originals/2015/04/egypt-decision-tax-stock-market-businessmen-sisi.html
Haaretz
Sisi wants religious reform in Egypt
"The prophet taught us to obey the ruler even if he's a black slave," said Sheikh Mohammed Muhanna, spokesman for the Council of Senior Scholars at Cairo's Al-Azhar University.
This statement was another episode in a saga riveting Egypt for weeks now over the comments by Islam al-Beheiry, who hosts a program on religion on the private television station Al Kahera Wal Nas.
But his target list hasn't been confined to radical organizations; he has also criticized Al-Azhar and its head, Sheikh Ahmed al-Tayeb.
Read more: http://www.haaretz.com/news/middle-east/.premium-1.653384
Irish Independent
Government 'is ignoring teenager jailed in Egypt because he is a Muslim'
A YOUNG Irishman locked up in an Egyptian jail is being treated as a "second-class citizen" by the Government because he is a Muslim, his family claim.
They also state the authorities do not regard teenager Ibrahim Halawa as "fully Irish" because of his religion.
Ibrahim was detained by Egyptian police with three of his sisters, when they were caught up in the al-Fath mosque siege in Cairo in July 2013.
Read more: http://www.independent.ie/irish-news/government-is-ignoring-teenager-jailed-in-egypt-because-he-is-a-muslim-31170274.html


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