{"id":686650,"date":"2026-02-24T00:00:00","date_gmt":"2026-02-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/finmin-to-issue-monthly-tax-exempt-citizen-bonds-following-successful-debut\/"},"modified":"2026-02-24T00:00:00","modified_gmt":"2026-02-24T00:00:00","slug":"finmin-to-issue-monthly-tax-exempt-citizen-bonds-following-successful-debut","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/24\/finmin-to-issue-monthly-tax-exempt-citizen-bonds-following-successful-debut\/","title":{"rendered":"FinMin to issue monthly tax-exempt Citizen Bonds following successful debut"},"content":{"rendered":"

Good afternoon, friends, and happy hump day.<\/strong> It\u2019s another relatively slow afternoon in the press, and we\u2019ve got a brisk issue for you. Today, we take a look at why more professionals are choosing to freelance and review a suhoor spot with an unconventional menu. <\/p>\n

So, when do we eat?<\/strong> Maghrib prayers are at 5:50pm in the capital, and you\u2019ll have until 4:59am tomorrow to hydrate and caffeinate ahead of fajr.<\/p>\n

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THE BIG STORY TODAY-<\/p>\n

\ud83d\udccd The Finance Ministry is set to issue its retail-focused <\/strong>Citizen Bond<\/a><\/strong> on a monthly basis with variable, market-linked yields<\/strong>, the Finance Minister\u2019s Advisor for Debt May Adel told EnterpriseAM. The move builds on a successful debut that mopped up over EGP 350 mn in just two days, a government source told us.<\/p>\n

Tax exemption confirmed:<\/strong> Adel cleared up recent market chatter regarding taxation, confirming that the retail bond is \u201centirely tax-exempt,\u201d meaning the yield will be paid out to citizens without any deductions. The objective, Adel said, is to \u201cspread the culture of investment among small savers and attract diverse segments across the governorates.\u201d<\/p>\n

^^ Read the full story and more details in tomorrow\u2019s edition of EnterpriseAM.<\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

\ud83c\udf10 Oil prices jumped this morning as geopolitical tensions persist<\/strong>, with the US-Iran talks set to resume this week in Geneva. WTI traded near USD 67 \/ bbl, US crude futures rose to USD 67.3 \/ bbl, and Brent rallied to USD 72.5 \/ bbl. <\/p>\n

^^Read more on Bloomberg<\/a>, CNBC<\/a>, and the Guardian<\/a>.<\/p>\n

In the business press, another tech sell-off is making headlines: <\/strong>Following the launch of Anthropic\u2019s Claude Code \u2014 a tool that can scan code for vulnerabilities and suggest solutions \u2014 IBM\u2019s shares fell 13.2% on Monday, down more than 24% YTD. Shares of other cybersecurity companies \u2014 Cloudflare, CrowdStrike, and Palo Alto Networks \u2014 also plunged. The sell-off extended to BTC, which dropped 5% to below USD 63k.<\/p>\n

^^Read more on CNBC here<\/a> and here<\/a>.<\/p>\n

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