{"id":663286,"date":"2025-04-07T00:00:00","date_gmt":"2025-04-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/"},"modified":"2025-04-07T00:00:00","modified_gmt":"2025-04-07T00:00:00","slug":"finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/","title":{"rendered":"Finance Ministry eyes fresh incentives to push SMEs to join the tax system"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, y\u2019all.<\/strong> Tariffs are still driving the news cycle, both in the global press and here at home. In today\u2019s issue, we\u2019ve got news of the EGP\u2019s tariff-induced slip against the greenback, market jitters causing investors to cash out from the EGX, and more in today\u2019s packed issue.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As we note below: You should be worried if the EGP wasn\u2019t dipping right now against the greenback. <\/strong>There\u2019s clear logic to why the EGP slipped yesterday. Its dip and a robust interbank market suggest that the mechanics of a free-floating currency are working as they should. We\u2019ll be talking lots more about the impact of tariffs on markets, currencies, and economies in the weeks to come \u2014 watch this space. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>UP FIRST- It\u2019s the first day of the EFG Hermes One on One in Dubai. <\/strong>The One on One is the largest investor conference focused on emerging markets \u2014 and it\u2019s difficult to imagine a more opportune time for companies and equity investors to chew the fat than now: Global markets are roiling in the wake of US President Donald Trump\u2019s bid to reshape the post-Second World War economic order. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On stage this morning: <\/strong>Central Bank of Egypt Deputy Governor <strong>Ramy Aboul Naga<\/strong> will offer what\u2019s being billed as an \u201cinside view into Egypt\u2019s economic reset\u201d in a fireside chat. Next up will be a panel discussion in partnership with the Dubai Financial Market on the role of capital markets in bringing to life the UAE\u2019s long-term vision. On stage will be DFM and Nasdaq Dubai CEO <strong>Hamed Ali<\/strong> and Dubai Economic Development Corporation CEO <strong>Hadi Badri<\/strong>. The DEDC is a unit of the Dubai Department of Economy and Tourism.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fund and portfolio investors from around the world will join top company execs for the <\/strong><strong>world\u2019s biggest live poll of investor sentiment. <\/strong>The EFG Hermes Live Research Poll caps off the morning before participants break out for one-on-one meetings in which company execs meet face-to-face with investors. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BY THE NUMBERS-<\/strong> We expect this morning that fund managers representing more than 250 global institutions will meet this week with top execs from 220 companies spanning 12 countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Companies from our part of the world are the stars of the show. <\/strong>Among the top Egyptian firms attending:<\/p>\n<ul>\n<li>B Investments<\/li>\n<li>CIB<\/li>\n<li>E-Finance<\/li>\n<li>Eastern Company<\/li>\n<li>Edita<\/li>\n<li>EFG Holding<\/li>\n<li>EK Holding<\/li>\n<li>GB Corp<\/li>\n<li>Juhayna<\/li>\n<li>Orascom Construction<\/li>\n<li>Telecom Egypt<\/li>\n<li>TMG Holding<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- ValU is with us here in Dubai for a roadshow as it prepares to make its EGX debut<\/strong> in a novel transaction that will see existing EFG Holding give its shareholders a minority stake in the high-profile fintech company. <\/p>\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- It\u2019s going to be a hot and windy day in Cairo today<\/strong>, with a high of 30\u00b0C and a low of 22\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s \u2014 as usual \u2014 a little cooler in Alexandria<\/strong>, with a high of 26\u00b0C and a low of 16\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at what Trump\u2019s tariffs mean for Egyptian industries. Check out the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87ed0d2b-27c2-4f83-bd37-3d4e5251322d\/what-do-trump-tariffs-mean-for-egyptian-industries%3F\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#1- <\/strong><strong>FinMin mu<\/strong><strong>lls fresh incentives to push SMEs to join the tax system: <\/strong>The Finance Ministry is looking into offering additional incentives and financial support to the first 50k SMEs that join the simplified tax system as first-time taxpayers, Finance Minister Ahmed Kouchouk said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/16G2Nb3P3D\/\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Last year, the government introduced the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5f12da9a-48e0-44e3-9c2f-853b7d1ff045\/gov'\" style=\"\" rel=\"noopener\">first phase<\/a> of tax reforms, which included a simplified tax system for SMEs, a central clearing system, and measures to integrate the informal economy.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#2- EDA to roll out dynamic meds pricing system tied to FX, input costs:<\/strong> The Egyptian Drug Authority (EDA) is developing a new automatic pricing mechanism for pharma products that will adjust prices up or down based on fluctuations in input costs \u2014 most notably the EGP-USD exchange rate and raw material prices \u2014 <a target=\"_blank\" href=\"https:\/\/www.cairo24.com\/2189671#goog_rewarded\" style=\"\" rel=\"noopener\">Cairo 24<\/a> reports, citing a source at the authority. The system will remove the need for pharma companies to file price adjustment requests, aiming to bring transparency and predictability to the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to expect:<\/strong> The new system will apply predefined thresholds to trigger price changes and is designed to encourage foreign investment by offering clearer returns under changing cost conditions. Manufacturers have reportedly welcomed the move, and the EDA is also considering launching a digital platform where companies can track real-time updates to drug prices and calculate pricing for new products ahead of launch.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Macron <\/strong><strong>is in town: <\/strong>French President Emmanuel Macron is in Egypt for an official visit where he will meet with President Abdel Fattah El Sisi and other officials to discuss the war on Gaza, economic cooperation, and more. During his multi-day visit, Macron will attend a tripartite summit in Cairo alongside El Sisi and Jordan\u2019s King Abdullah to discuss the latest in Gaza, he said in a <a target=\"_blank\" href=\"https:\/\/x.com\/EmmanuelMacron\/status\/1908596141593083904\" style=\"\" rel=\"noopener\">post<\/a> on X. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could Macron\u2019s visit mean fresh French investments?<\/strong> Egypt is looking to attract EUR 1 bn in French investment this year across a number of key sectors \u2014 renewables, transport and shipping, pharma, food, ICT, engineering industries, automotive, and chemicals \u2014 an unnamed government official told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/76739\/%D9%85%D8%A7%D9%83%D8%B1%D9%88%D9%86-%D9%8A%D8%B2%D9%88%D8%B1-%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D9%88%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D8%AC%D8%B0%D8%A8-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D9%8A%D9%88%D8%B1%D9%88-%D9%85%D9%86-%D9%81%D8%B1%D9%86%D8%B3%D8%A7\/?utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=asharq_business_egy_tw\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The fresh funds would push total French investments in the country to EUR 8 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That\u2019s not all: <\/strong>The two sides will reportedly ink agreements in the higher education, energy, food industries, logistics centers, pharma, infrastructure, and AI sectors during the visit, the official said. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s still all about the global market turmoil in the foreign press<\/strong>, with virtually every outlet leading with expectations of markets extending their slump tomorrow as futures fall. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>US President Donald Trump and his administration have indicated they plan to stay the course on tariffs<\/strong> despite global concerns over a possible economic recession and the response from markets, sending S&amp;P 500 futures contracts down 2.9% and Nasdaq futures down 3.9%. The two indices have wiped tns in market value since the tariffs were announced last week. The flat 10% global tariff has since kicked in on Saturday, while the country-specific reciprocal tariffs are kicking in on Wednesday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Commodities also extended their losses last night<\/strong>, with Brent crude falling 3.1% to USD 63.53 and West Texas Intermediate slipping 3.4% to USD 59.90, below breakeven price for shale producers. Copper also fell more than 5% to USD 4.14. Meanwhile, Asian markets faced a brutal sell-off at market open, with Japan\u2019s Nikkei plunging 8%, triggering a circuit breaker. <strong>We dive into the impact of the tariffs on regional markets as well in this morning\u2019s Planet Finance, below. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump dismissed the global response and said that \u201csometimes you have to take medicine to fix something,\u201d <\/strong>while Treasury Secretary Scott Bessent has said over 50 countries have reached out to the US for negotiations, while signaling that any talks would take time. Trump also didn\u2019t seem too concerned about inflation, saying he doesn\u2019t expect the US to \u201close a tn USD for the privilege of buying pencils from China.\u201d (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-06\/trump-team-rejects-market-fears-projecting-defiance-on-tariffs?srnd=homepage-middle-east&amp;embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/c2c10cca-bc11-457c-a505-d11b37ac987f\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/04\/06\/business\/stock-market-plunge-investment-bank-impact.html\" style=\"\" rel=\"noopener\">NYT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/04\/06\/stock-market-today-live-updates.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<p class=\"tag-border-left\">OUR LA<font face=\"Arial\">TEST<\/font> SPONSOR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re<\/strong><strong> delighted this week to welcome Qalaa Holdings to EnterpriseAM as our latest pillar <\/strong><strong>advertiser. <\/strong>Our friends Ahmed Heikal, Hisham El Khazindar, and Karim Sadek \u2014 together with many others on the team at Qalaa \u2014 were a key part of our origin story.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two threads run through that story: <\/strong>What has since become Enterprise was born as a two-person investor relations and strategic communications agency back in 2007. Our first client were our good friends at EFG Hermes. Our second: a hot private-equity upstart called Citadel Capital, as Qalaa was then known. The firm had just pulled off what stands as one of the most audacious exits ever in Middle East PE \u2014 the USD 1.4 bn sale of Egyptian Fertilizers Company, which stood at the time as the largest M&amp;A in Egypt and the biggest-ever Mideast PE transaction, yielding a gross IRR of nearly 100%. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Everyone and their sister wanted to work with Qalaa <\/strong>in fall 2007 when it put out a call for a communications agency. Entrepreneurs at heart who had sketched out their business and logo on a literal napkin, the firm\u2019s founding partners took a chance on us, a then-still-unincorporated two-person shop. Why? They recognized fellow finance nerds passionate about building a business.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fast forward to 2010 and you\u2019ll find the second thread: <\/strong>Our agency had grown to more than a dozen people. Our founders were longtime journalists who had always been passionate about entrepreneurism \u2014 and we had decided to launch a print magazine about how Egyptian entrepreneurs were building great businesses. The \u201cevents of 25 January 2011\u201d killed our zero issue before we could go to print, and we went on to get a crash course in doing business under duress. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today, we\u2019re a 150-person shop <\/strong>with two business units: A news and business intelligence division that delivers essential insights into business, finance, economics, public policy, and regulation in the UAE, Egypt, Saudi, and beyond to a global audience of more than 500k people who matter. And an advisory firm run by a separate team who work with some of the most interesting listed companies on markets including Tadawul, ADX, DFM, EGX, LSE, and beyond. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And now, Qalaa Holdings and its more than 17.5k employees touch millions of <\/strong><strong>consumers and business leaders every day.<\/strong> With holdings spanning from the USD 4.3 bn Egyptian Refining Company to Taqa Arabia, and Dina Farms, Qalaa is committed to improving lives and livelihoods by building sustainable businesses for its employees and community. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EGX-listed Qalaa is a leader in energy and infrastructure<\/strong>, one of Egypt\u2019s most export-oriented manufacturers, and a leading import-substitution play. As Heikal recently noted, \u201cEgypt continues to be an attractive investment destination for both local and regional players, and I am confident in both the country\u2019s long-term economic outlook and in our ability to generate long-term returns for all of our stakeholders as we grow.\u201d <a target=\"_blank\" href=\"http:\/\/qalaaholdings.com\/\" style=\"\" rel=\"noopener\">You can learn more about Qalaa here<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Please join us in thanking Ahmed, Hisham, Karim, and everyone else at Qalaa Holdings <\/strong><strong>together with all of our other advertisers. <\/strong>Their unwavering support is what allows us to bring you your essential morning read every day without charge. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2495.jpg?ssl=1\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> We take a look at Egypt\u2019s efforts to internationalize higher education through the Brics Network University and other initiatives. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, y\u2019all. Tariffs are still driving the news cycle, both in the global press and here at home. In today\u2019s issue, we\u2019ve got news of the EGP\u2019s tariff-induced slip against the greenback, market jitters causing investors to cash out from the EGX, and more in today\u2019s packed issue. As we note below: You should [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":663287,"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":[7204],"tags":[72,69,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-tax","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"c4833753-65f2-4c2b-86ca-2ed2c043512b","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/9\/83.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Finance Ministry eyes fresh incentives to push SMEs to join the tax system","related_issue":[663284],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.56f3a60b-0937-4262-8aac-3cd8d0a70bec.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>Finance Ministry eyes fresh incentives to push SMEs to join the tax system - 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\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry eyes fresh incentives to push SMEs to join the tax system\" \/>\n<meta property=\"og:description\" content=\"Good morning, y\u2019all. Tariffs are still driving the news cycle, both in the global press and here at home. In today\u2019s issue, we\u2019ve got news of the EGP\u2019s tariff-induced slip against the greenback, market jitters causing investors to cash out from the EGX, and more in today\u2019s packed issue. As we note below: You should [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-07T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/83.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=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry eyes fresh incentives to push SMEs to join the tax system\",\"datePublished\":\"2025-04-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\"},\"wordCount\":1821,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/83.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"tax\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/04\/07\/finance-ministry-eyes-fresh-incentives-to-push-smes-to-join-the-tax-system\/\",\"name\":\"Finance Ministry eyes fresh incentives to push SMEs to join the tax system - 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The currency has now slid 17.7% since the devaluation on Monday. Two senior bankers we spoke\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567092,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/13\/what-were-tracking-on-13-january-2020\/","url_meta":{"origin":663286,"position":1},"title":"What we\u2019re tracking on 13 January 2020","author":"enterpriseam admin","date":"13 January 2020","format":false,"excerpt":"The holiday news lull (such as it was this year) is officially over, as we have a packed issue for you this morning. The big stories are still on the international front (Libya, Ethiopia and Iran), but M&A news is back in the headlines and the CBE is shaping up\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553246,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-evening-egp-slips-again-south-korea-stampede-kills-more-than-150-people\/","url_meta":{"origin":663286,"position":2},"title":"THIS EVENING: EGP slips again + South Korea stampede kills more than 150 people","author":"enterpriseam admin","date":"30 October 2022","format":false,"excerpt":"Happy Sunday, friends. We\u2019re wary of calling out slow news days after our Thursday prophecy went in the polar opposite direction, but it so far appears to be a calm-ish start to the week, as most have their gaze fixed firmly on where the EGP is headed.THE BIG STORY TODAY\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":580668,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/12\/this-evening-bdc-safi-wataniya-and-others-added-to-sfes-pre-ipo-fund-egp-ends-the-day-slightly-up-against-the-usd\/","url_meta":{"origin":663286,"position":3},"title":"THIS EVENING: BdC, Safi, Wataniya, and others added to SFE\u2019s pre-IPO fund + EGP ends the day slightly up against the USD","author":"enterpriseam admin","date":"12 January 2023","format":false,"excerpt":"Good afternoon, wonderful people. We\u2019ve made it to the end of what proved itself to be quite the eventful week. We hope you all have a restful weekend to unwind.CORRECTION- In this morning\u2019s edition of EnterpriseAM, we incorrectly said Tarek Metwally is currently the deputy managing director of Blom Bank\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/647.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549689,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/27\/this-morning-the-egp-is-a-few-pips-away-from-hitting-a-record-low-oecd-slashes-global-growth-forecasts-the-uae-just-eased-covid-restrictions\/","url_meta":{"origin":663286,"position":4},"title":"THIS MORNING: The EGP is a few pips away from hitting a record low; OECD slashes global growth forecasts + the UAE just eased covid restrictions","author":"enterpriseam admin","date":"27 September 2022","format":false,"excerpt":"Good morning, wonderful people, and happy hump day to you all. Global markets are feeling a bit choppy this morning, so we suggest you fasten your seatbelts as 3Q races to a close. EGP WATCH- The EGP fell close to record lows against the greenback yesterday, continuing a slide that\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550048,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","url_meta":{"origin":663286,"position":5},"title":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy","author":"enterpriseam admin","date":"12 October 2022","format":false,"excerpt":"Good morning, lovely people, and happy almost-Thursday. 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