Monday, December 16, 2013

Egypt Corporate Lawyers: Egypt's former army chief of staff testifies in Mu...

Egypt Corporate Lawyers: Egypt's former army chief of staff testifies in Mu...: http://www.worldbulletin.net/ WordBulletin -Sami Anan- Egypt's form...

"العليا للانتخابات" تبدأ طباعة أوراق الاستفتاء على الدستور

Egypt's generals urged to tighten their grip on power - Africa - World - The Independent


Egypt's generals urged to tighten their grip on power

As Egyptians were coming to terms with the chaos and bloodshed that blighted the holy month of Ramadan, a number of the country's wealthiest businessmen sat down for a dinner of lamb kebabs and stuffed courgettes.

Among them were two of Egypt's most prominent television moguls; Mohamed el-Amin, head of the hugely popular CBC channel, and Ahmad Bahgat, the magnate behind Egypt's first-ever private station, Dream TV. Hosting them all in his Cairo home was Hassan Rateb, another wealthy TV channel boss.

But one of Mr Rateb's invitees did not quite fit the profile of the assorted businessmen and anti-Islamist politicians who were present that evening – Murad Mowafy, Egypt's former spy chief and the man who is now being courted by influential powerbrokers to become the country's next president.

Just two years after Egyptians revolted against the military-backed regime that held power for sixty years, the Independent can reveal that powerful business figures are now pushing for an army man to make a bid for power.

According to a source who was present during the dinner, Mr Mowafy was on the guest list that evening because TV channel bosses were trying to persuade him to run for Egypt's top job at the coming elections.

"They were telling him to go for the presidency," said the source, speaking to The Independent. "They were saying he would have their total support if he did."

The source, who asked not to be identified, said Mr Mowafy neither confirmed to his hosts nor denied that he would be considering a run to succeed Mohamed Morsi. "He seemed to be declining more than accepting, but he never said anything directly." The Independent tried to contact the TV bosses who were present but received no response. But the revelation that Egypt's ex-intelligence chief – along with other rumoured military figures – is being touted as a candidate has triggered a wave of soul-searching and debate among some liberal and secular politicians, most of whom realise the enormous implications of replacing Mr Morsi with a former military man.

"If the next President of Egypt is from a military background then this will be a negative sign," said Ahmed Khairy, a liberal politician. "Critics will say to us, 'you said this was not a military coup, but now you have a President from the military'."

Supporters of ousted President Mohammed Morsi shout slogans under his posters Supporters of ousted President Mohammed Morsi (AP)
Following the toppling of Mohamed Morsi on 3 July, Egypt's generals appeared at great pains to emphasise that the coming transition would be civilian-led. A former judge was immediately anointed as the new interim President – part of the point-by-point transitional road-map that was quickly announced.

Since then, the initial hopes that officers would steer clear of politics have begun to dissipate. General Abdel Fattah al-Sisi, Egypt's commander in chief and leader of the coup that toppled Morsi - who also holds two cabinet posts – gave a speech last month in which he called on Egyptians to grant him a mandate to crack down on 'terrorism' by staging mass rallies across the country.

Some observers questioned why Adli Mansour, the interim President, had not been tasked with delivering the speech.

General al-Sisi himself has been touted as a prospective presidential candidate. A mild cult of personality has begun to develop among those Egyptians who credit him with rescuing them from the perceived threat of Brotherhood rule. Other names whirling around the political party rumour mill include Sami Anan, the former chief of staff who was also dismissed by Morsi after his election, and Hossam Khairallah, a former air force captain who ran for the Presidency  last year.

The prospect of a military candidacy would be met with met by incredulity among some Egyptian revolutionaries. "The Egyptian revolution was about overthrowing the power of a military which had governed for itself for 60 years," said Aalam Wassef, a film-maker who has taken part in rallies opposing army intervention in Egypt.

It would also land Egypt's liberal and secular parties in a quandary. Many are currently debating whether to rally around a single candidate to maximise their chances of a non-Islamist victory. If a credible military contender emerged, it would leave them juggling the temptation of electoral triumph with the implications of backing a traditionalist war horse.

Yet with the military's stock on a high amid the perpetual unrest, what might have been unpalatable last year now seems a realistic prospect.

"Having someone with an army background is not a reason to reject him," said Shehab Wagih, a liberal politician. "We will not deal with a military guy who is still in the army, but if we are dealing with someone who is retired we are dealing with an average citizen."

Likely leaders: Top brass

Sami Anan

Sami Anan was the chief of staff dismissed by Mr Morsi. He was the right-hand man of Field Marshal Hussein Tantawi, who led the military council which ruled Egypt.

Murad Mowafy

For those who can still remember the 2011 revolt, Murad Mowafy may be the old regime candidate. He was the former head of the notorious mukhabarat, or secret police.

Abdel Fattah el-Sisi

Not a likely contender right now – but if he ran, he would win by a landslide. Egypt's top soldier has been tipped as a possible candidate, but has so far remained tight-lipped.


Egypt's former army chief of staff testifies in Mubarak's case | Middle East | World Bulletin


WordBulletin

Egypt's former army chief of staff testifies in Mubarak's case
-Sami Anan-

Egypt's former army chief of staff testifies in Mubarak's case

Egyptian judges are set to hear the testimony of the former chief of staff Sami Anan on killing and financial corruption charges brought up against the formal leader along with his two sons.



World Bulletin / News Desk

The trial of former Egyptian president Hosni Mubarak was resumed on Sunday as judges are set to hear the testimony of the former chief of staff Sami Anan on killing and financial corruption charges brought up against the formal leader along with his two sons, several Interior Ministry officials and business tycoon Hussein Salem.

A medical helicopter carrying Mubarak from a military hospital in southern Cairo had already landed at the eastern Cairo courthouse where the former chief of staff is delivering his testimony in the case, according to Anadolu Agency correspondents.

The same court listened to the account of former defense minister field marshal Hussein Tantawi on the charges on Saturday.

Mubarak, his two sons and the Interior Ministry officials are accused of killing hundreds of peaceful demonstrators upon the January 25 uprising that brought his three-decade autocracy to an end in early 2011. Mubarak, his two sons and Salem are also accused of being embroiled in financial violations in relation to a natural gas exportation deal to Israel.

Former military police commander, Hamdi Badeen, who is now Egypt's military attaché in China, is also due to testify in the same case on Monday.

The sources noted that a media blackout would continue to be imposed on the trial for national security reasons.

This is the fifth session in the trial since Mubarak's release in August in a case of financial corruption. The ex-president currently stays at a military hospital in southern Cairo.


Saturday, December 14, 2013

Egypt Corporate Lawyers: Amendment to Income Tax Law and related dispute re...

Egypt Corporate Lawyers: Amendment to Income Tax Law and related dispute re...: http://www.mubasher.info/CASE/news/2437899/%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%B6%D8%B1%D9%8A%D8%A8%D8%A9-%D8%...

Amendment to Income Tax Law and related dispute resolution


تعديل قانون ضريبة الدخل والتصالح في المنازعات الضريبة

أصدر الرئيس عدلي منصور قرارين جمهوريين‏,‏ يقضي الأول بتعديل بعض أحكام قانون الضريبة علي الدخل رقم‏91‏ لسنة‏2005,‏ أما الثاني فيجيز التصالح في المنازعات الضريبية بالنسبة للدعاوي القضائية المرفوعة حتي الاربعاء الماضي‏.
وينص قرار تعديل قانون الضريبة علي الدخل علي اضافة بند يسمح بخصم80 % من مخصصات القروض التي تلتزم البنوك بتكوينها- وفقا لقواعد إعداد وتصوير القوائم المالية وأسس التقييم الصادرة عن البنك المركزي- من الوعاء الضريبي للبنك, واعتبار هذه القيمة ضمن تكاليف البنوك( المصروفات).
وأوضح الدكتور أحمد جلال وزير المالية أن هدا التعديل يأتي إعلاء لسيادة القانون واتخاذ الإجراءات التشريعية الصحيحة حيث يجعل مخصصات القروض واجبة الخصم من ارباح هذه البنوك في حدود80 % من هذه المخصصات عند تحديد صافي الوعاء الخاضع للضريبة علي أرباح الأشخاص الاعتبارية.
وقال الوزير في تصريحات لـ "الأهرام" إن هذا القانون أعاد النص السابق إلغاؤه من البند(2) من القانون91 لسنة2005, والذي تم إلغاؤه وفقا للمادة الرابعة من القانون رقم11 لسنة2013 الذي أصدره الرئيس السابق محمد مرسي والذي ترتب عليه في ذلك الوقت عدم احتساب مخصصات القروض في عداد التكاليف مما آثار غضبا كبيرا في البنوك وأدي إلي تهديد هشام رامز محافظ البنك المركزي بالاستقالة.
من ناحية أخري, فقد أجاز القرار الجمهوري الثاني التصالح في المنازعات الخاصة بضريبة الدخل في الدعاوي القضائية المقيدة حتي الاربعاء الماضي أمام جميع المحاكم بما في ذلك محكمة النقض وذلك وفقا للقانون رقم195 لسنة.1997 وينص هذا القانون علي تشكيل 
لجان أعضاؤها من القضاة, تعمل علي إجراء مصالحات بين مصلحة الضرائب والمواطنين سواء الذين طعنوا علي قرارات إلزامهم بدفع مبالغ مالية ضريبية, أو المتهمين بالتهرب الضريبي.


President Adly Mansour has issued two Presidential Decrees amending the Income Tax Law No 91 for 2005, which allow the deduction of 80% of the Loan Reserves for Banks from the taxed vehicle and to consider it as cost or expenses. The second decree is concerning amicable settlement between the tax authority and Income Tax Payers who have pending litigation with the Tax Authority up to last Wednesday. 

Monday, December 9, 2013

Egypt Corporate Lawyers: Egyptian police stage rare protest in defiance of ...

Egypt Corporate Lawyers: Egyptian police stage rare protest in defiance of ...: http://reut.rs/1d3u3LL


Mohamed E. Shaheen from iphone

Egypt Corporate Lawyers: Egypt’s new constitution: A comparative overview...

Egypt Corporate Lawyers: Egypt’s new constitution: A comparative overview...: Egypt' s new constitution: A comparative overview

Egypt’s new constitution: A comparative overview

Egypt' s new constitution: A comparative overview

BBC News: WTO agrees global trade agreement

I saw this story on the BBC News iPhone App and thought you should see it:

WTO agrees global trade agreement

The World Trade Organization agrees a historic global deal aimed at boosting commerce, which could add nearly $1tn to the global economy.

Read more:
http://www.bbc.co.uk/news/business-25274889


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The BBC is not responsible for the content of this e-mail, and anything written in this e-mail does not necessarily reflect the BBC's views or opinions. Please note that neither the e-mail address nor name of the sender have been verified.


Mohamed E. Shaheen from iphone

Egyptian police stage rare protest in defiance of new law

http://reut.rs/1d3u3LL


Mohamed E. Shaheen from iphone

Thursday, December 5, 2013

Document

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Sunday, November 24, 2013

New Court Judgment Against Ahmed Ezz

أيدت محكمة الجنايات المصرية يوم السبت قرار جهاز الكسب غير المشروع بمنع رجل الأعمال أحمد عز وأسرته من التصرف في أموالهم أو السفر. (المصدر: أهرام أون لاين)

تعليقنا:

*         في رأينا، لن يكون لهذا الحكم أي تأثير مباشر على العمليات في شركتي حديد عز أو عز الدخيلة.

*         ولكن لدينا مخاوف حول تأثير هذه الأخبار على نظرة المستثمرين للسهم على المدى القريب؛ حيث يمتلك أحمد عز حوالي 66٪ من شركة حديد عز.

*         ومن الجدير بالذكر، إن محكمة جنايات الجيزة قضت في يونيو الماضي بسجن أحمد عز لمدة 37 عامًا ودفع غرامة مالية قدرها 2 مليار جنيه، وذلك في القضايا المتعلقة بغسل الأموال وإهدار المال العام.