The new tax came into force last Thursday on June 3rd
The shift in buying habits is not fresh news as governments encouraged lockdowns and avoiding traditional in-store shopping due to the pandemic
For companies and micro-establishments (category A), the limit for daily withdrawals and transfers are now LE 40,000 with monthly limits of LE 200,000
The Central Bank of Egypt (CBE) approves new regulations for mobile wallet services, including digital lending and saving services
According to chairman Ibrahim Sarhan, they are currently now awaiting the approval of the government committee managing the state privatization program
