The deal was inked in Abu Dhabi on November 14 in 2019.
As for money laundering, Ali transferred 150,000 euros initially, and then 200,000 euros and later 250,000 to Spain through other people in Egypt.
The court stated that the anti-government contractor should pay more than LE41.8 million (US $2,6 million) in value added taxes, with paying 1.5 percent of the total tax value for every delayed month.
That is two weeks after he was sentenced to five years in prison by Tax Evasion Misdemeanor Court.
The crimes varied from bribery and administrative corruption to illegal currency trade, money laundering and tariff evasion.
Real estate tax has been adopted in Egypt since 1847, and amendments took place in 1954 and 2008, expert says.
Russian businessman and lawmaker Suleiman Kerimov was arrested by French police at Nice airport on Monday evening in connection with a tax evasion case.
A number of 19 companies operating in the automotive market were referred to the tax evasion unit, CPA head said.
Jose Mourinho, former Real Madrid and current Manchester United manager, is accused of evading taxes totaling €3.3 million ($3.6 millision) while with Madrid.