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FinMin to introduce a new income tax law next year
A draft will be presented for community dialogue in preparation for its referral to the House
Our second local sukuk issuance was 11x oversubscribed
The Finance Ministry attracted an order book of EGP 33 bn
Egypt to tap the int’l debt market again this FY
The issuances will include panda, samurai, and sustainable green bonds
Local sukuk issuances to more than double m-o-m to EGP 14 bn in December
The ministry is planning three issuances in December as part of its expanded sukuk program
More details on upcoming package of tax facilities
Under the latest round of facilities, some sectors will be exempt from invoicing
39 global digital services providers look to use Egypt as their main base of operations
Offshoring export revenues have doubled from USD 2.4 bn in 2022 to USD 4.8 bn this year
Local sukuk issuance, take two
The second tranche is a three-year ijara issuance with a semi-annual return
Idle state factories up for lease in a bid to attract investments
Leasing allows the state to generate revenue without surrendering ownership
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