Egypt Sovereign Wealth Fund
The Sovereign Wealth Fund received control of state-owned businesses During his participation in “Investopia 2025” in Abu Dhabi the Egyptian Investment Minister Hasan Al-Khatib declared a plan to send batches of state-owned enterprises under the supervision of the Egypt Sovereign Wealth Fund to boost state asset yields. Egypt’s main reason for this decision involves reforming […]
New Tax File Registration Rules for Companies in Egypt
In recent developments, the Egyptian Tax Authority has issued comprehensive guidelines to regulate Tax File Registration at the Joint Stock and Investment Departments located in Cairo. These guidelines primarily focus on geographic areas and tax offices merged since 2020, ensuring a streamlined and efficient tax administration process. This initiative aims to streamline administrative procedures and […]