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المشهد العربي
Egypt approves tax incentives for stock listings
The Egyptian government has approved tax incentives to encourage companies to list on the stock exchange. These include a 15% tax deduction for three years, along with the abolition of capital gains tax and its replacement with a stamp duty tax, with the rate for non-residents reduced to 0.5 per thousand. The amendments also exempt market makers' activities from stamp duty on trading transactions to boost liquidity. Foreign investment inflows exceeded $13 billion between July and March 2026, aiming to activate the capital market and promote economic growth.
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