Pre-Trading Thoughts

The cabinet approved draft legislation to give properties unique digital IDs. The cabinet also greenlit the suspension of the 14% agriculture land tax for an additional year starting from 1 August. The tax has been suspended since 2017. The government approved two presidential decrees allowing Egypt to join the African Development Bank’s Africa50 for Project Development and Financinand Africa50 for Project Financing. India’s Ocior Energy has inked preliminary contracts with the government to ...