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Egypt has introduced a second tax reform package to attract investment, including replacing the capital gains tax with a stamp duty, cutting VAT on medical devices to 5%, extending tax relief for industry, and introducing new incentives for businesses and property owners.
14/07/2026
Saudi Arabia’s Arab National Bank has raised $750 million through an AT1 sukuk priced at a 6.50% yield, with orders exceeding $3 billion.
Egypt and Oman are exploring greater integration between their economic and free zones to boost trade, expand market access, and support cross-border manufacturing and re-exports.
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