1 Day
Source:
المصري اليوم
_1777352142843_145525226.png&w=48&q=75){kind=small}
Investment targets doubling daily trading
The Egyptian government aims to double the trading volume of the stock exchange to 48 billion Egyptian pounds daily, up from the current average of between 10 and 12 billion pounds, as part of a set of reforms aimed at developing the market and attracting investments. Among the measures, stamp duty on market makers has been abolished, and tax incentives have been introduced for major companies that issue shares for trading. Additionally, efforts have been made to improve the investment environment and simplify tax procedures. As a result, market indicators have improved, and the number of new investors has increased to 380,000 during the current year. These reforms are intended to enhance liquidity and attract more investments into the Egyptian financial market.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)