{"id":589629,"date":"2023-07-06T00:00:00","date_gmt":"2023-07-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/"},"modified":"2023-07-06T00:00:00","modified_gmt":"2023-07-06T00:00:00","slug":"grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/","title":{"rendered":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities."},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"font-weight:700\">House committees approve bills aimed at boosting private-sector <\/span><span style=\"font-weight:700\">investment: <\/span><span>The House Economic Affairs Committee yesterday approved amendments to the Investment Law aimed at expanding incentives, while the Budget and Planning Committee approved a draft bill reinstating taxes on state entities. Cabinet <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b982f1bd-6431-49dc-89f5-b9d5f6597c8f\" style=\"\">signed off<\/a><\/span><span style=\"font-weight:400;\"> on the two bills before the Eid Al Adha break. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The rationale: <\/span><span>The bills aim to improve the investment climate, support private-sector participation, and promote fairness, competition, and transparency in the economy. They were among 22 moves to reform the business climate <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a3816fe9-2abf-4b6c-91ce-680ea72e2d1b\" style=\"\">put forward<\/a><\/span><span style=\"font-weight:400;\"> by the Supreme Investment Council in its first ever meeting back in May.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Grandfathered incentives + more folks can apply for \u201cgolden\u201d license: <\/span><span style=\"font-weight:400;\">The Economic Affairs Committee approved amendments to the Investment Law that allow projects that predate the 2017 bill to benefit from its incentives and expand the variety of projects eligible for a single approval or \u2018golden\u2019 license. \u201cThe amendments aim to create a more attractive investment climate that can attract greater foreign inflows,\u201d Asser Mounir, advisor to the General Authority for Freezones and Investment (GAFI), told MPs. \u201cThis is another step towards cutting red tape.\u201d<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Curbing tax perks for state entities: <\/span><span style=\"font-weight:400;\">The Budget Committee greenlit a bill that eliminates preferential tax treatment for some state-owned entities. Among the tax breaks the bill will remove are customs and real estate tax exemptions, Bassam El Zayyat, advisor to the parliamentary affairs minister, told the committee. MP Ayman Mehasseb said the draft law \u201cshows the state is serious about improving the investment climate and reinforcing transparency.\u201d <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What we know so far \u2014 and what we don\u2019t: <\/span><span>The bill is not set to impact companies that fall under international agreements, that are defense- or national-security-related, or basic infrastructure projects. <\/span><span style=\"font-weight:700\">We\u2019re still waiting for the exact list of tax breaks it will remove and from which state entities<\/span><span style=\"font-weight:400;\">, neither of which are specified in the bill. In other words: This is potentially a step in the right direction, folks, but the devil will be in the details. Watch this space.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">This is part of our economic reform program: <\/span><span>The government is aiming to increase exports <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/158188ff-65a9-4146-adc1-5f53c1a3f6e5\" style=\"\">to USD 100 bn a year<\/a><\/span><span> by the middle of the decade, and attract USD 40 bn in private investment by 2026 as it looks to increase the private sector\u2019s economic footprint. Improving the business climate is also a key condition of our <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b830c254-a0f9-4b88-a1d6-42293fc416b1\" style=\"\">stalled<\/a><\/span><span style=\"font-weight:400;\"> USD 3 bn loan program with the IMF. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What\u2019s next? <\/span><span style=\"font-weight:400;\">The two draft bills will be up for discussion and a vote when the House reconvene next week. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grandfathered investment incentives are great, but we\u2019re looking for more on which state entities will lose their preferential tax treatment<\/p>\n","protected":false},"author":1,"featured_media":589630,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[72,274,125,187,1350,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-589629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-enterpriseam","tag-house-of-representatives","tag-investment-watch","tag-legislation-watch","tag-madbouly-cabinet","tag-tax","wpautop","entry"],"acf":{"mongo_id":"c42300ba-c8d0-46a8-9163-74d189a26690","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/159.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s House committees greenlight new investment incentives, removal of tax breaks for state entities","related_issue":[589622],"teaser":"Grandfathered investment incentives are great, but we\u2019re looking for more on which state entities will lose their preferential tax treatment","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.7ecfb3a6-965f-4ffd-911e-32ba4fa292db.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities.\" \/>\n<meta property=\"og:description\" content=\"Grandfathered investment incentives are great, but we\u2019re looking for more on which state entities will lose their preferential tax treatment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-06T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities.\",\"datePublished\":\"2023-07-06T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\"},\"wordCount\":436,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"House of Representatives\",\"investment watch\",\"Legislation Watch\",\"Madbouly Cabinet\",\"tax\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\",\"name\":\"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities. - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-07-06T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities. - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/","og_locale":"en_US","og_type":"article","og_title":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities.","og_description":"Grandfathered investment incentives are great, but we\u2019re looking for more on which state entities will lose their preferential tax treatment","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-07-06T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities.","datePublished":"2023-07-06T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/"},"wordCount":436,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","House of Representatives","investment watch","Legislation Watch","Madbouly Cabinet","tax"],"articleSection":["LEGISLATION WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/","name":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities. - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1","datePublished":"2023-07-06T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/grandfathered-incentives-great-but-what-we-want-are-details-on-the-end-of-tax-breaks-for-state-entities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Grandfathered incentives? Great. But what we want are details on the end of tax breaks for state entities."}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/159.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":589167,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/22\/cabinet-approves-raft-of-measures-to-level-the-playing-field-boost-private-sector-investment\/","url_meta":{"origin":589629,"position":0},"title":"Cabinet approves raft of measures to level the playing field, boost private-sector investment","author":"enterpriseam admin","date":"22 June 2023","format":false,"excerpt":"A draft bill to eliminate special tax treatment for state entities","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590007,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/12\/house-signs-off-on-bills-aiming-to-boost-fdi-private-investment\/","url_meta":{"origin":589629,"position":1},"title":"House signs off on bills aiming to boost FDI, private investment","author":"enterpriseam admin","date":"12 July 2023","format":false,"excerpt":"Parliament will reconvene in October","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/287.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544690,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/16\/tax-incentives-announced-for-green-emerging-investments\/","url_meta":{"origin":589629,"position":2},"title":"Tax incentives announced for green + emerging investments","author":"enterpriseam admin","date":"16 March 2022","format":false,"excerpt":"Gov\u2019t announces tax breaks to boost green economy + other emerging sectors: The government has widened the number of companies eligible for tax incentives under the Investment Act as it looks to stimulate investment into strategic areas of the economy. Companies working on a wider range of renewable energy and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577212,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/14\/fx-for-tax-cuts-plan-earns-senate-approval\/","url_meta":{"origin":589629,"position":3},"title":"FX-for-tax cuts plan earns Senate approval","author":"enterpriseam admin","date":"14 November 2022","format":false,"excerpt":"Senators approve FX-for-tax cuts incentives: The Senate has approved legalamendments that would grant income tax breaks to investors who use FX to finance at least half of the cost of their projects. Under the proposed amendments to the 2017 Investment Act, companies would receive a tax cut of up to\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/219.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589829,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/10\/house-gives-approval-to-fresh-investment-incentives-new-east-port-said-port-terminals\/","url_meta":{"origin":589629,"position":4},"title":"House gives approval to fresh investment incentives + new East Port Said port terminals","author":"enterpriseam admin","date":"10 July 2023","format":false,"excerpt":"Investment Law amendments target more FDI to oil and gas, fertilizers, metals sectors","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/287.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590082,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/13\/an-end-to-tax-breaks-for-state-companies\/","url_meta":{"origin":589629,"position":5},"title":"An end to tax breaks for state companies","author":"enterpriseam admin","date":"13 July 2023","format":false,"excerpt":"Private-sector players are happy","rel":"","context":"In &quot;Taxation&quot;","block_context":{"text":"Taxation","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/taxation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/589629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=589629"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/589629\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/589622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/589630"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=589629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=589629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=589629"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=589629"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=589629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}