Egypt is offering tax exemptions ranging from 33 percent to 55 percent on income generated from green hydrogen projects set to commence production over the next five years, according to Egyptian Minister of Finance Mohamed Maait. Speaking at the Turkish-Arab Economic Forum in Istanbul on Wednesday, 10 November, Maait told attendees that there is an
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The Turkish-Arab Economic Forum called for speeding up efforts to raise the level of trade integration between the countries of the region, as the volume of the global economy and trade is witnessing a contraction with the increase in geopolitical risks and conflicts. Turkish Treasury and Finance Minister Mehmet Semsek said that the competition between the United States and China, as a rising power, has caused fragmentation in trade, and increased protectionism and geopolitical tensions.