Pre-Trading Thoughts

The Cabinet has discussed the legislative amendments proposed on the capital gains tax with some government and industry stakeholders including FRA and ECMA heads.The Solar Energy Development Association (SEDA) are lobbying to scrap a newly-imposed 5% import tariff on solar panels, requesting that the Ministry of Electricity cancel the duty which was introduced in November.The exports of the chemical and fertilizer industries sector jumped by 43% during 2021, recording USD6.6 billion, compare...