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Egypt Mining Incentives

Egypt Mining Incentives

The Mineral Resources Authority has announced new incentives for mining investors in Egypt, most notably a unified license allowing operations involving up to five mineral resources, rent reductions of up to 60%, and tax and customs exemptions. The time required to obtain licenses and approvals has also been cut to 30–45 days, while around 80% of a digital platform for investor services has been completed. The government aims to increase mining’s contribution to GDP from 1% to 6%.

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