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"KOSOUB" Calls on Institutions to Finance Innovation through Alternative Investment Mechanisms

November 9, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
"KOSOUB" Calls on Institutions to Finance Innovation through Alternative Investment Mechanisms

The Committee for Organizing and Monitoring Stock Exchange Operations "KOSOUB" has urged economic institutions to take advantage of the alternative financing and investment mechanisms it oversees, to direct their investments towards startups and innovative projects, and to benefit from the advantages provided by the joint ministerial decision regarding the research and development or innovation fee. The committee clarified, in a statement today, that the issuance of the joint ministerial decision dated October 11, 2026, which specifies the sectors concerned with research and development or innovation activities and the methods of applying the related fee, published in issue 77 of the official gazette dated November 4, highlights the importance of the alternative financing mechanisms it supervises.

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