{"id":605206,"date":"2018-12-24T04:34:13","date_gmt":"2018-12-24T04:34:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/"},"modified":"2018-12-24T04:34:13","modified_gmt":"2018-12-24T04:34:13","slug":"govt-considering-tax-breaks-and-incentives-for-sinai-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/","title":{"rendered":"Gov\u2019t considering tax breaks and incentives for Sinai investors"},"content":{"rendered":"<p>The government is looking into potential incentives for investors in the Sinai Peninsula, including offering tax and customs exemptions for a limited period of time and offering land in North Sinai under a usufruct framework, Prime Minister Moustafa Madbouly said yesterday, according to Amwal El Ghad. The measures are meant to encourage development in the peninsula. The Suez Canal Authority is also reviewing proposals to facilitate access to financing for development projects in Sinai, <a href=\"https:\/\/www.almalnews.com\/Story\/404214\/15\/%D9%85%D9%85%D9%8A%D8%B4-%D9%8A%D8%B9%D8%AF--%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D9%88%D9%86--%D8%A8%D8%AF%D8%B1%D8%A7%D8%B3%D8%A9-%D8%AA%D8%B3%D9%87%D9%8A%D9%84%D8%A7%D8%AA-%D8%AA%D9%85%D9%88%D9%8A%D9%84%D9%8A%D8%A9-%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A-%D8%B3%D9%8A%D9%86%D8%A7%D8%A1\">Al Mal reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is looking into potential incentives for investors in the Sinai Peninsula, including offering tax and customs exemptions for a limited period of time and offering land in North Sinai under a usufruct framework, Prime Minister Moustafa Madbouly said yesterday, according to Amwal El Ghad. The measures are meant to encourage development in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9346],"tags":[271,7097,2376,72,125,8259,4206,9293,7103,133,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605206","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-central-bank-of-egypt","tag-development","tag-egypt-politics-economics","tag-enterpriseam","tag-investment-watch","tag-madbouly","tag-mohab-mamish","tag-prime-minister","tag-suez-canal","tag-suez-canal-authority","tag-tax","wpautop","entry"],"acf":{"mongo_id":"17339480-2c34-4d09-ac23-8b5a25e36baf","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Gov\u2019t considering tax breaks and incentives for Sinai investors","related_issue":[605171],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.44dc382c-f131-4647-97cf-3771f06d2662.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>Gov\u2019t considering tax breaks and incentives for Sinai investors - 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\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t considering tax breaks and incentives for Sinai investors\" \/>\n<meta property=\"og:description\" content=\"The government is looking into potential incentives for investors in the Sinai Peninsula, including offering tax and customs exemptions for a limited period of time and offering land in North Sinai under a usufruct framework, Prime Minister Moustafa Madbouly said yesterday, according to Amwal El Ghad. The measures are meant to encourage development in the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-24T04:34:13+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t considering tax breaks and incentives for Sinai investors\",\"datePublished\":\"2018-12-24T04:34:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Central Bank of Egypt\",\"development\",\"Egypt Politics + Economics\",\"EnterpriseAM\",\"investment watch\",\"Madbouly\",\"Mohab Mamish\",\"prime minister\",\"Suez Canal\",\"Suez Canal Authority\",\"tax\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/govt-considering-tax-breaks-and-incentives-for-sinai-investors\/\",\"name\":\"Gov\u2019t considering tax breaks and incentives for Sinai investors - 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Work on the first 500k feddans phase of the development project is expected to begin after\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575681,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/sczone-investor-incentives-could-be-ready-by-next-month\/","url_meta":{"origin":605206,"position":1},"title":"SCZone investor incentives could be ready by next month","author":"enterpriseam admin","date":"22 October 2020","format":false,"excerpt":"LEGISLATION WATCH- SCZone investment incentives could be ready by next month: A package of economic and regulatory incentives being prepared by the Suez Canal Economic Zone (SCZone) and the government to attract investors will be ready in a month, SCZone head Yehia Zaki said during a general assembly meeting with\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642154,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/suez-canal-revenues-between-january-and-july-up-to-usd-2-9-bn\/","url_meta":{"origin":605206,"position":2},"title":"Suez Canal revenues between January and July up to USD 2.9 bn","author":"enterpriseam admin","date":"7 August 2017","format":false,"excerpt":"Suez Canal revenues reached USD 2.9 bn between January and July of 2017, the Suez Canal Authority said on Sunday, according to Reuters. By the newswire\u2019s calculations, July\u2019s revenues came in at USD 446.3 mn, up from USD 427.2 mn in June.","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637354,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/unified-port-fees-implemented-across-egypts-ports-on-a-trial-basis\/","url_meta":{"origin":605206,"position":3},"title":"Unified port fees implemented across Egypt\u2019s ports on a trial basis","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"The Transport Ministry began implementing unified port fees nationwide last month on a trial basis, Transport Minister Hisham Arafat announced yesterday, Al Masry Al Youm reports. 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