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EGPC to absorb new natural gas tax as the government targets EGP 40 bn in revenue
EGPC will be responsible for remitting the new EGP 20 / mcf schedule tax on natural gas under a mechanism…
CIB sees major block trade EGP 2.46 bn
Good morning, folks. Today is all about smart housekeeping — the government, the EGX, and some of the country’s biggest…
FinMin targets up to EGP 100 bn from inaugural tax-backed sukuk
Good morning, ladies and gents. A morning about capital — who’s holding it, who’s writing checks, and who’s building the…
BP targets 1 tcf in Mediterranean gas exploration as first phase of USD 1.5 bn investment plan
Good morning, friends. Ambition is meeting execution in today’s issue across three stories in renewables, corporate governance, and tourism. Starting…
Gov’t to launch tax-backed sukuk to tap corporate cash reserves
Activating a dormant 2005 tax provision allows the state to pull forward future corporate tax receipts to ease its EGP…
Awqaf offers 41k sqm Rawd El Farag plot for private partnership
Good morning, ladies and gents. We have news from Sahel, where Qatari Diar kicked off the EGP 220 bn first…
FinMin widens property tax net with North Coast resort inventory
The government is putting developers and compound managers on the hook for handing over ownership data to the taxman
Egypt shelves its new Income Tax Act in favor of a third tax-facilitation package
The next package will target informal businesses, unresolved income-tax issues, and sector distortions before a fourth round introduces tougher enforcement
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