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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
Cairo office rents jump 20% as demand outpaces supply of Grade A space
Companies continue to prioritize modern office developments despite higher costs
House gives final nod to making the solidarity contribution tax-deductible
Good morning, everyone. A French logistics giant wants to take an Egyptian company private, the state wants to place its…
Gov’t moves to scale back its planned 14% VAT on leased office space
Officials are working to narrow the scope of the planned 14% VAT on leased administrative space, but NAC buildings and…
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