Egypt, Hong Kong to sign double taxation avoidance agreement in 2024

Getty Images

On the sidelines of the Asian Financial Form, both officials discussed ways of deepening bilateral relations

Staff Writer, Arab Finance

January 28, 2024

PHOTO

Egyptian Minister of Finance Mohamed Maait met with Hong Kong's Secretary for Financial Services and the Treasury Christopher Hui and agreed to ink a double taxation avoidance agreement this year, as per a statement by the Egyptian side.

On the sidelines of the Asian Financial Form, both officials discussed ways of deepening bilateral relations and exchanging expertise on mechanisms for dealing with the negative effects of global economic crises and geopolitical tensions.

Maait expressed his country’s aspiration to benefit from Hong Kong’s experience in enhancing investment flows.

They also agreed to offer bonds in the Egyptian pound on the Stock Exchange of Hong Kong.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.