Egypt’s Cabinet, headed by Prime Minister Mostafa Madbouly, has discussed several issues including the implementation of the real estate tax and its valuation, Invest-Gate reports.

In the meeting held on August 14, the Cabinet has approved amendments to the real estate tax law.

Under the amendments, the Finance Ministry will postpone the appraisal of the country’s real estate assets from 2018 to end of 2020  to give the Egyptian Real Estate Taxation Authority more time to review the country’s residential, commercial, and industrial properties.