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The corporate “solidarity contribution” will be calculated on net income, not revenues
The new system will replace the current 0.025% charge on revenues
Gov’t eye solidarity contribution at 0.5-1% of net income, scrapping revenue-based levy and risk of taxing losses
Good afternoon, friends, and welcome to the start of a new workweek. The press has hit the ground running. Our…
Brookfield’s real-asset moment
Brookfield is leaning into infrastructure where AI-driven demand meets inflation-linked, long-duration revenues
Maersk returns to the Red Sea, EFG Hermes advises on Kuwait IPO, and EBRD gives Alexbank green financing
Maersk vessels are slowly making their way back to Red Sea waters Shipping giant Maersk’s Sebarok ship passed through the…
Less red tape for SMEs as Finance Ministry raises related-party reporting floor to EGP 30 mn
The decision ties in with a key pillar of Finance Minister Ahmed Kouchouk’s first tax facilitation package
Fractional real estate is heating up
MNT-Halan and Azimut Egypt are launching a digitally-distributed real estate fund
Amea Power wraps financing for Africa’s biggest solar-plus-storage plant
A who’s-who of development finance institutions, including British International Investment, delivered a USD 570 mn debt package
FinMin to kick off debt swap talks as interest bill consumes 80% of revenues
This flurry of activity appears calibrated to address concerns raised behind closed doors by the IMF
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