
Egypt Denounces Terror Attack on Pakistani Military Convoy
By Ahmad El-Assasy
The Arab Republic of Egypt has strongly condemned the heinous terrorist attack that targeted a military convoy in northwest Pakistan on June 28, 2025, resulting in multiple casualties and injuries.
In an official statement, Egypt reaffirmed its firm stance against all forms of violence, extremism, and terrorism, expressing its full solidarity with the Islamic Republic of Pakistan during this tragic time.
The Egyptian government extended its deepest condolences and sincere sympathy to the Pakistani government and people, as well as to the families of the victims, wishing a speedy recovery for those injured in the attack.
Egypt emphasized the urgent need for the international community to stand united against terrorism and to enhance cooperation in countering such acts that threaten regional and global security.
read more
Gold prices rise, 21 Karat at EGP 3685
NATO's Role in Israeli-Palestinian Conflict
US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria
Shoukry Meets Director-General of FAO
Lavrov: confrontation bet. nuclear powers must be avoided
News
Iran Summons French Ambassador over Foreign Minister Remarks
News
Aboul Gheit Condemns Israeli Escalation in West Bank
News
Greek PM: Athens Plays Key Role in Improving Energy Security in Region
News
One Person Injured in Explosion at Ukrainian Embassy in Madrid
News
China Launches Largest Ever Aircraft Carrier
Sports
Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Business
Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War
Arts & Culture
Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies
News
Flights suspended at Port Sudan Airport after Drone Attacks
Videos & Features
Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream
News
Shell Unveils Cost-Cutting, LNG Growth Plan
Technology
50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


See - Sada Elbalad
37 minutes ago
- See - Sada Elbalad
Key Amendments to Egypt's VAT Law: New Taxes on Cigarettes, Media Services, and Crude Oil
Taarek Refaat The Egyptian government has submitted a draft law proposing significant amendments to the Value Added Tax (VAT), aiming to enhance state revenues and promote fiscal and social justice. A central element of the proposal is a 12% annual increase in the minimum and maximum retail prices of cigarettes for three consecutive years, starting November 2025. This increase may be adjusted downward depending on production costs. Additionally, the draft law introduces a new taxation system on alcoholic beverages, shifting from a percentage-based tax to a fixed-rate system with progressive tax rates tied to alcohol content, increasing annually by 15% over three years. The draft law also expands VAT coverage by subjecting news agencies and certain advertising services to tax, eliminating their previous exemptions, to further develop state resources. Another notable change is the imposition of a 10% VAT on crude oil, removing the prior tax exemption to boost public revenues. Details on Cigarettes Pricing and Taxation The amendments revise the VAT schedule to allow for an increase in the fixed tax category and the price limits on locally produced cigarettes that currently sell for up to EGP 38.88, raising the maximum retail price to EGP 48. Cigarettes priced between EGP 38.88 and EGP 56.44 will see their price range adjusted to between EGP 48 and EGP 69. Similarly, locally produced or imported cigarettes priced above EGP 56.44 will have a maximum price set at EGP 69. The annual 12% increase on these price limits will commence on November 5, 2025, continuing for three years. The government reserves the right to adjust this annual increase based on the actual production cost, as assessed and proposed by the Minister of Finance and approved by the Cabinet. Changes to Alcohol Taxation The draft law replaces the percentage-based VAT on alcoholic drinks with a fixed tax system that imposes higher rates depending on alcohol concentration. This move aligns with World Health Organization standards and aims to protect public health. The tax rates will increase by 15% annually for three years, starting one year after the law's enactment, then reduce to a 12% annual increase. Expanded VAT Coverage and Other Adjustments The proposal also includes: Subjecting commercial trademarks, similar to those of retail stores, to VAT to ensure tax equity. Taxing certain media services and advertising agencies that were previously exempt. Subjecting crude oil to a 10% VAT, removing the exemption previously granted to this commodity. Excluding contracting and construction activities from the fixed VAT schedule and applying the general VAT rate instead, enabling input tax deductions and reducing costs for businesses. These amendments reflect the government's commitment to enhancing financial resources, ensuring fairness in the tax system, and supporting Egypt's fiscal stability through targeted reforms. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean


Al-Ahram Weekly
an hour ago
- Al-Ahram Weekly
Ruby to hold concerts in the Netherlands, France - Music - Arts & Culture
Egyptian actress and singer Ruby will hold two concerts in the Netherlands and France in October. Ruby will perform at TivoliVredenburg in Utrecht, Netherlands, on 11 October, followed by a performance in Paris on 12 October. This will be the first time the singer takes the stage in both countries. The tour's announcement comes shortly after Ruby performed at Morocco's Mawazine Festival (19-27 June), an event that also featured other Egyptian performers, including Egyptian Project, Hamaki, Tamer Ashour, and Carmen Soliman. Ruby's international exposure began over the past years. In June 2024, she embarked on her first North American tour, performing in four cities in Canada and the US. Born in 1980, Rania Hussein Mohamed Tawfik, popularly known as Ruby, started taking minor roles in films in the late 1990s. She made her first significant appearance in Yousef Chahine's film, "Silence"....We're Rolling (2001). In parallel, she launched her singing career with the single Enta Aref Eih (What Do You Know) in 2003. The music video was shot in Prague, presenting Ruby belly dancing on the streets. Over the years, Ruby has released several albums and singles. She appeared in numerous TV ads while continuing to work in films and television series. In recent years, she starred in the television series This Is What Went Down (2019) and Mrs. Mayor (2023), as well as the film Mommies Group (2023). Follow us on: Facebook Instagram Whatsapp Short link:


See - Sada Elbalad
an hour ago
- See - Sada Elbalad
Egypt Offers Condolences to Sudan Over Fatal Gold Mine Collapse
H-Tayea Egypt has extended its heartfelt condolences to Sudan following the tragic collapse of a gold mine in eastern Sudan that claimed the lives of dozens. In an official statement, the Egyptian government expressed its deep sympathy and solidarity with the Sudanese government and people during this difficult time. Egypt conveyed its sincere condolences to the families of the victims and wished a swift recovery for those injured. 'Egypt stands in full solidarity with its brotherly neighbor Sudan in facing this painful ordeal,' the statement affirmed. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean