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Gov’t looking to issue USD 1 bn sukuk issuance in the international market as early as September
Advisors have already reported strong investor appetite for the upcoming issuance
The solar energy sector could soon be given wide-ranging tax and customs exemptions
Tax and customs exemptions could be part part of the proposed package
Gov’t readies fresh incentives to drive local assembly of commercial vehicles
The government plans to spend EGP 9.2 bn on incentives to localize the auto industry this fiscal year
FEI urges FinMin to activate first phase of new EGP 30 bn initiative to support priority industrial sectors
The initiative aims to help private players finance the purchase of new machinery, equipment, and production lines
No new taxes are planned in overhaul expected to kick off in 4Q
Widening the tax base, providing policy stability, and cracking down on tax cheats will be hallmarks of a policy review…
Kouchouk talks up tax performance and debt reduction progress
Tax revenues grew 35% y-o-y in FY 2024-2025
Gov’t considers customs on royalties for imported goods, services
The move is a part of an updated customs system
Egypt eyes USD 4 bn bond issuance to address funding gap
The government is weighing a mix of FX, EGP, and sukuk bonds to bridge the USD 11 bn funding gap
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