Are folks with back-due taxes about to get a break? Finance Minister Mohamed Maait said a new initiative this week could “support businessmen with overdue tax payments to achieve the desired growth levels,” Al Shorouk reports. The move comes a few weeks after the Central Bank of Egypt announced a separate initiative that could see some struggling companies offered a measure of debt relief.
More from Enterprise
CIB says it received the green light to start due diligence on HSBC Egypt’s retail franchise
CIB is not the only potential suitor for HSBC’s retail…
Retail investors now have direct access to five EFG Hermes mutual funds
The move is the latest step in EFG Hermes’ push…
Under-construction data centers tap ratings to fund AI buildup
Developers are securing investment-grade ratings to unlock new pools of…
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA…