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Finance Ministry to launch eight new PPP projects within the next four months totalling EGP 40 bn
Total estimated investments for the new projects stand at EGP 40 bn
Finance Ministry to establish a pricing committee to calculate property taxes for residential properties
The first phase of the property tax changes will focus on 10 urban areas
Kouchouk named African Finance Minister of the Year
PLUS- Acwa Power and HAU Energy’s 1.1 GW Suez wind farm named the Infrastructure Deal of the Year
Gov’t doubles upcoming export support program budget to EGP 45 bn
This is the first time that the export support program has been announced of the start of a fiscal year
Finance Ministry unveils plan to offer stakes in 11 companies in FY 2025-26
The government aims to raise between USD 4-5 bn from the offerings
FinMin forms committee to address tax issues facing investors
PLUS- COREangels MEA launches USD 10 mn fund to support early-stage startups across the Middle East and Africa
Investors are loving long-term debt instruments post rate cut
Strong demand drove yields on 5-year bonds down to an average 19.250%
Gov’t readies USD 1.5 bn sukuk issuance before the end of 1H 2025
Issuance proceeds will be used to repay some USD 1.5 bn of maturing 10-year bonds issued back in June 2015
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