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Competition for the world’s uber-wealthy is heating up as European parties clamp down on tax benefits
A record 128k mn’aires are forecast to relocate this year
Gov't considers raising income tax exemption threshold
The income tax exemption threshold could rise by 20-25% to match inflation rates
Following up on the long-awaited tax policy
The government expects its tax revenues to jump by around EGP 100 bn once the new policy is put in…
Cabinet approves AMEA Power’s renewable energy plans
AMEA Power is looking to add around 2 GW-worth of energy by next summer
New cabinet approves energy agreements, education amendments, taxation changes in first meeting
The cabinet gave preliminary approval to five new petroleum projects
Turkish USD 700 mn denim factory gets gov’t greenlight. PLUS: Ades inks drilling contract, Forbes International Tower to cost USD 1 bn, Sahl eyes digital banking license, Alwady Green heads to KSA
The factory will be built on an area of 100k sqm and will provide around 5k jobs during its first…
US inflation slips in May, boosting hopes of more rate cuts this year despite policymakers signaling one rate cut
Plus: Is Saudi Arabia mulling changes to its capital markets tax regime?
Talk of a cabinet shake-up in the new government caught the attention of the nation’s talking hosts
“The official announcement of the new government could be on Tuesday or Wednesday, or right after the Eid Al Adha…
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