Dr. Mohamed Maait, Minister of Finance (FM), confirmed that the Ministry of Finance submitted to The Cabinet a draft decision that the state treasury would continue defraying the real estate tax on industrial and poultry projects in addition to other sectors, until the end of 2026 to support and encourage industry and poultry wealth.
FM added, in press statements today, that the Tax Authority nearly finished preparing a draft law for the income taxes. It will be put up for community dialogue during the next month, for approval before taking the necessary measures to refer it to The Cabinet, then the House of Representatives.
Akhbar Al-Youm newspaper