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FINANCIAL NEWS
Egypt aims to collect USD 3.93bn in FY 2016/2017
10 Apr 2016
(MENAFN) The government is predicted to collect USD 3.93bn from implementing the value-added tax (VAT) in financial year 2016/2017.
Moreover, the implementation depends on the approval of the parliament, which is one of the conditions imposed by the Intl’ lending agency.
However, there has not been any stress from outside of the country to impose the tax, which is a move would undermine the fiscal sovereignty of the country.
In addition, the government is preparing the law and there is a need for it to be applied, due to the reason they want to apply for.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
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13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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