Egypt plans stamp tax to replace capital gains tax on stocks
Egypt plans to replace the capital gains tax on stock market transactions with a stamp tax and introduce incentives…
Browsing Tag
stamp tax
Egypt FinMin says no intention to raise stock exchange duty
Egypt’s Finance Minister Mohamed Maait denied on Monday rumours about planned increases in stamp tax on stock…
Cabinet cancelling rise in stock Cairo exchange stamp duty
The Egyptian Cabinet approved a drafted law cancelling a target rise in stamp tax on stock exchange transactions,…
Egypt sees 0.2% stamp duty on market transactions by May –official
Egypt's Finance Ministry is recommending a tax on stock exchange transactions of 0.2 percent on both sellers and…
In Election Week, Egypt Shares Lose EGP21.6 billion
In a week which coincided with holding the Egyptian presidential elections and announcing new taxes on bourse,…
Egypt Mulls Tax on Bourse Profit, Dividends – Reuters
Egypt may impose a tax on profit and cash dividends from the stock market transactions since the country is facing…
Egypt to Enlist Two Firms in Bourse in Q4, Review Stamp Tax
Egypt’s interim government is planning to enlist at least two firms in the Egyptian stock exchange before the end…
MSCI: No Decision Currently Taken To Downgrade Egypt, Yet ‘Closely’ Monitored
Talks are underway between the Egyptian Exchange (EGX) management and leading equity index provider MSCI over the…
Following MSCI Report, Egypt’s Main Gauge Dives 8% In Week
In a week that coincided with the MSCI’s report on a potential reclassification of Egypt’s index to frontier…
Egypt’s Benchmark Ends This Week Above 4651 Pts On Bourse Chief’s Visit
Egypt's stock market has ended this week posting gains of EGP 2 billion powered by the bourse chief’s current visit…
Egypt Bourse Chief In USA To Expel Investors’ Woes
During his visit to the United States, the Egyptian stock market Chief has met with representatives of around 30…
EGX 30 Ends This Week 1.89% Higher Powered By Islamic Stocks Launch Plans
Egypt bourse has ended this week posting gains of EGP 3.6 billion backed by foreign buyers amid the announcement of…
Egypt’s Benchmark Back To Rally, Climbs To 5390 Pts – Midday
Egypt’s bourse has posted midday gains of EGP 1.5 billion backed by foreign buying transactions performed on…
Egypt’s Main Gauge Ends Further Below 5340 Pts On Local Sales
Egypt bourse has ended the sessions on Wednesday incurring losses of EGP 3.6 billion driven by the local buyers…
Non-Arab Foreign Sales Drag Egypt’s Benchmark Below 5395 Pts – Opening
Egypt’s bourse has opened sessions of Wednesday incurring losses of EGP 490 million driven by the non-Arab foreign…
Egypt’s Main Index Nears 5408 Pts – Closing
Egypt bourse has ended the sessions on Tuesday posting gains of EGP 2.8 billion powered by the non-Arab foreign…
Egypt’s Main Gauge Opens Above 5370 Pts
Egypt’s bourse has opened sessions of Tuesday posting early gains of EGP 1.8 billion backed by local buyers.…
Egypt’s Benchmark Falls Below 5305 Pts On Non-Arab Foreign Sales
Egypt bourse has ended the sessions on Sunday incurring losses of EGP 2.2 billion driven by non-Arab foreign…
Egypt’s Main Gauge Opens This Week 0.24% Lower
Egypt’s bourse has opened this week incurring losses of EGP 153 million driven by early foreign selling pressures.…
By End Of Week, Egypt’s Main Gauge Dives Below 5345 Pts
Egypt bourse has ended this week incurring losses of EGP 2.9 billion driven by local and non-Arab foreign selling…
Egypt’s Benchmark Halts One-Day Rally, Opens Below 5355 Pts
Egypt’s bourse has opened the sessions on Thursday incurring losses of EGP 2.15 billion driven by local and…
Egypt’s Benchmark Ends Above 5415 Pts Backed By Soldiers’ Return
Egypt bourse has ended sessions on Wednesday posting gains of EGP 429 million backed by the release of the seven…
Egypt’s Benchmark Closes Below 5410 Pts – Stamp Tax Day 3
Egypt bourse has ended sessions on Tuesday incurring further losses of EGP 925 million driven by the non-Arab…
Egypt’s Main Index Falls Below 5405 Pts – Midday
Egypt’s bourse has incurred midday losses of EGP 895 million driven by the local sellers coinciding with the third…
Egypt’s Benchmark Closes Further Below 5435 Pts Triggered By Stamp Tax
Egypt bourse has ended sessions on Monday incurring further losses of EGP 1.8 billion driven by local and Arab…
Egypt’s Benchmark Falls Below 5445 Pts – Stamp Tax Day 2
Egypt’s bourse has incurred midday losses of EGP 1.03 billion driven by the foreign sellers amid the second day of…
Egypt Bourse Cites Declining Traded Volume, Benchmark Closes Above 5450Pts
Egypt bourse has ended sessions on Sunday posting gains of EGP 1.2 billion backed by local and non-Arab foreigners’…
Egypt’s Benchmark Opens This Week Above 5435 Pts
Egypt’s bourse has opened this week posting gains of EGP 342 million coinciding with the launch of the stamp tax on…
Egypt Bourse Starts Stamp Tax Today Amid Worries
Egypt’s Central Clearing, Depository and Registry house (MCDR) will start today collecting the…
Egypt Bourse Resumes Trading, In Full Alert to Cabinet Reshuffle Repercussions
A number of capital market experts in Egypt is expecting that the indexes of Egypt’s stock market will witness on…
Salafist El-Nour: EGX Stamp Tax Expels Investments
The stamp tax on the Egyptian bourse’s daily selling and buying transactions will reversely affect the country’s…
EGX 30 Ends Near 5160 Pts Backed By Local Buyers
On Tuesday, the Egyptian Exchange (EGX) has pared its midday gains which eventually reached EGP 2.8 billion backed…
Egypt Cancels Tax On Bourse Dividends, Investment Gains
Dr. Abdullah Shehata, advisor of the Egyptian Finance Minister and head of economic committee at Freedom and…
EGX 30 Dives 3.8% In Week As Economic Chaos Weighs
In a week, the Egyptian Exchange has incurred losses of EGP 10.1 billion driven by the country’s economic chaos and…
EG-Finance Attacks Egyptian Government On EGX Stamp Tax
The new stamp tax on the Egyptian Exchange’s daily selling and buying transactions have been widely denounced.…
EGX Tax Draft Law Woes Investors, Benchmark Ends Below 5547 Pts
The Egyptian Exchange (EGX) has ended Tuesday’s closing session posting gains of EGP 235 million, less than the…
EGX 30 Opens Above 5560 Pts, OTMT Climbs 1.16%
The Egyptian Exchange has opened Tuesday’s session posting gains of EGP 1.06 billion backed by Arab early buying…
EGX Studies Impact Of Imposing Stamp Tax On Transactions; Chief Says
Dr. Mohamed Omran, Chairman of the Egyptian Exchange stated that the EGX management has immediately started a study…
Switch-off your mobile phone on March 10
Activists on social networking websites have called Egyptian fellows to switch their mobile phones off on Saturday…
Collection of “Stamp duty” from mobile customers statring today
The three mobile companies in Egypt "Itisalat" ,"Vodafone", and "Mobinil" have started today -1st of March 2012- ,…