Tech Apple to hike App Store prices in Egypt By Pramod Kumar September 20, 2022, 5:24 AM REUTERS/Brendan McDermid The new prices, excluding auto-renewable subscriptions, will be effective as early as October 5. Apple Inc. announced increasing prices of apps and in-app purchases on its App Store in several countries, the Cupertino-based firm said in a blog post. The countries include Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, Vietnam, and all territories that use the euro currency. The new prices, excluding auto-renewable subscriptions, will be effective as early as October 5. These changes will reflect new rules for Apple in Vietnam to collect and remit applicable taxes, such as value-added tax and corporate income tax, at five percent, respectively. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
