Latest in Tag: financial transactions Highlight
Latest in Tag: financial transactions
E-tax declarations allow government to control market financial transactions, prevent tax evasion: Deloitte
The Tax Authority has demanded the addressed financiers to submit electronic tax (e-tax) declarations ahead of time enough before the legal period ends, warning that last-minute submissions will cause major pressures on the system and will lead to its disruption and a possible occurrence of many issues. At the seminar organised by the tax committee …
Fawry targets EGP 40bn worth of financial transactions by end-2018
Egypt’s electronic payment network Fawry aims to increase the value of its financial transactions to EGP 40bn by the end of this year, compared to EGP 25bn last year, said Mohamed Okasha, managing director of Fawry. He added that the company plans to increase its outlets to 100,000 by the end of 2018 compared to …
EGP 25bn value of financial transactions via Fawry: Baseera
The Egyptian Center for Public Opinion Research (Baseera) announced that the value of financial transactions through the electronic payment network Fawry in Egypt increased to EGP 25bn in 2017 compared to EGP 16bn in 2016 There are many electronic payments network in Egypt in addition to Fawry, such as Bee Smart Payment Solutions and Khadamaty. …
Egypt has attracted $18b of such inflows since the flotation of the EGP: Jim Cowles
Jim Cowles, CEO of Citibank in Europe, Middle East, and Africa (EMEA), expressed his optimism towards the growth of the economy in Egypt and the opportunities it offers for financial transactions.