Paybackeasy LLC

Egypt

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New e-system and measures for investor and tax issues to go live in February

Special measures will soon be introduced to address and resolve all outstanding tax issues and disputes up until 2020.

The median forecast in the Jan. 9-20 poll of 19 economists predicted gross domestic product (GDP) growth would then accelerate to 4.7% in 2025/26.

The European Union pledged a 7.4 billion euro ($8.1 billion) aid and investment package for Egypt in March 2024.

To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to pay contactlessly.

The minister said Egypt implemented 86 reforms in 2024 to improve economic resilience and safeguard against future shocks.

Finance Events

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