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Tag Archives: Investors

“We started receiving requests for tax dispute settlements”

Head of the Egyptian Public Tax Authority (PTA): “The automated taxpayer document inspection system will be applied within three months” “The investors do not seek tax cuts but rather stable tax policies” By Abdul Fattah Fayed A number of recently issued financial, legislative and tax reforms have been carried out, most …

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Egyptian Billionaire Sawiris Discloses 6% Stake in Adidas

The Wall Street Journal: The investment vehicle of Egyptian billionaire Nassef Sawiris disclosed Friday that it obtained 6% of the voting rights in Adidas AG, reigniting speculation the German sports brand has become the target of activist investors. Mr. Sawiris, part of Egypt’s richest family, has a history of engagement …

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Central Bank and the Dollar struggle

by Maye Sadek In its effort to get out of its economic crisis, reflected in the insufficiency of the inflows of foreign currencies, Egypt held this week a new economic conference aiming to attract Arab investors. A two-day conference, dubbed as “Matrouh, The Future of Investment,” started last Saturday in …

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Land prices rise 2,000 per cent, investors cry for help

by Mahmoud Hammad A group of investors in Badr Industrial City sent a call for help to President Abdel-Fattah El-Sisi because of the obstacles being placed before investors and youth in the establishment of small and medium-size enterprises in the city, as the prices of lands for small enterprises have …

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Arab-India economic forum to be launched in November

Indian Finance Minister Arun Jaitley will launch the first Arab India Economic Forum next month to highlight investment opportunities in India and discuss solutions to meet investor challenges in the country. Jaitley will address dignitaries, government officials and business leaders from around the Arab region during the forum, to be …

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Small investors dominate stock market

by  Ameera Fouad   Millions of small investors in China ranging from students, pensioners, moms, security guards, pop-investors and many more are dominating China’s stock markets, carrying out 80 per cent of all transactions. Although it could be considered odd elsewhere in the world, it is very common in China to …

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We need a comprehensive vision to plan for future generations

Rotary Club of Giza Metropolitan hosted Dr. Ahmed Zaki Badr, the New Minister of Local and Administrative Development, at its annual education month gathering. Dr. Zaki, who has great experience in education as a former minister of education, tackled various educational aspects and challenges. The minister asserted that the problems in Egypt originate out …

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Foreign Direct Investments: Fishing vs. Accommodation Strategies

by Prof. Ali Massoud* The magnitude of foreign direct investment (FDI) flows into developing countries depends mainly on what is called the “pull factors”. The main pull factors are domestic economic growth, rate of return, exchange rate stability, tax incentives, labor cost, industrial & trade policies, and natural resources management strategies. …

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Tycoons control industrial entities

by Ahmed El-Mahdi After the corruption case against the minister of agriculture and reports about the involvement of other officials, as well as and the acceptance of President Abdel-Fattah Al-Sisi of the resignation of the government of Prime Minister Ibrahim Mahlab, The Middle East Observer is shedding light on the …

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Documents needed to join mashrooa’k project & channels of communication with authorised personal: As serving the Egyptian Community is part of The Middle East Observer’s mission, and in light of our commitment to developing Youth ideas & innovations, small & medium enterprises and entrepreneurship in all parts of Egypt, we are happy …

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