Day: March 20, 2026

Egypt’s Minister of Finance, Ahmed Kouchouk, has announced a package of unprecedented incentives and facilitative measures aimed at easing the burden of real estate taxes on citizens, as part of broader efforts to support household finances amid ongoing economic pressures. In a statement issued on Friday, the minister revealed that…

The International Monetary Fund (IMF) said the economic impact of the ongoing Iran conflict on Egypt has so far remained “relatively limited,” citing early and coordinated policy measures by Egyptian authorities that helped contain external pressures. Speaking at a press briefing, IMF spokesperson Julie Kozack noted that Egypt’s flexible exchange…

Minister of Finance Ahmed Kouchouk has announced a suite of unprecedented tax facilities and incentives designed to alleviate financial pressures on Egyptian citizens. Central to the new measures is the decision to raise the property tax exemption threshold for primary residences to LE 8 million, ensuring that the majority of middle-income…