Arab Finance: Ahmed Kouchouk, Minister of Finance, stressed that we aim to improve the business environment and reduce financial burdens through integrated financial, investment and trade policies, in a way that contributes to driving investment, production and export movement to encourage the growth of the private sector in the economy, pointing out that there are supportive programs and initiatives for local and foreign investors, It is based on linking incentives to achieving results and goals on the ground.
Kjok said, in his meeting with my representative Turkish business communityOn the sidelines of his participation in the Arab-Turkish Economic Forum, we are working on tax reforms and facilitations that will build bridges of “trust, partnership and support” with the business community, and we have already announced the first package of these facilitations, explaining that we aim to issue the “Tax Policies 2030” strategy before the end of the fiscal quarter. current to enhance tax certainty; This makes investors more able to plan well for their future projects.
He added that there are new horizons for exploiting investment opportunities to strengthen economic relations between Egypt and Turkey, taking into account that Turkish companies in Egypt are achieving a major boom in production and export, and have become among the most important and largest exporters through the Egyptian market, pointing to the growing trade exchange between the two countries to reach about 8, 5 billion dollars last year.
He pointed out the importance of strengthening partnerships between the Egyptian and Turkish private sectors. To achieve sustainable development goals, he explained that Egypt is Turkey's largest trading partner in Africa, and we look forward to increasing the exports of Turkish companies to European and international markets.
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