Amid exacerbation of the dire economic situation in Egypt, the Senate deputy speaker demands collection of a percentage of the income of Egyptians working abroad for the benefit of the state. Deputy of the Egyptian [ More … ]
Seeking to raise non-oil revenues, Saudi Arabia has introduced an “expat levy” from 2017 with charges of up to SR 800 per worker to be phased in by 2020. A fee on dependents of expatriate workers [ More … ]
Egyptian officials started talks in Cairo with the International Monetary Fund (IMF) ahead reaching an agreement over a loan to help finance the government’s economic program. Egypt is seeking $12 billion over three years. The [ More … ]
Copyright © 2016 | Middle East Observer