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The Egyptian Prime Minister Celebrates The Opening Of The Trading Session With The Minister Of Investment To Announce Postponing The Capital Gain Tax

Date 18/05/2015

Omran: Appreciation for the conscious government of the role of the stock market as a mean for company’s growth and job opportunities.

Omran: The decision is a clear indication of the government’s commitment to support the investment environment and its awareness of the economic challenges.

Omran: The stock exchange is part of the economic structure and more importantly is, our role is to contribute to the development process.

Omran: I figured commitment from the investors and employees to continue to working and achieving for the good of the nation.

With the framework of the government efforts to support the investment environment, the Egyptian government announced today postponing the execution of the Capital Gain Tax decision on the Stock Exchange. This is to maintain the competitiveness of the Egyptian Exchange taking into consideration all the results on the Egyptian economy and ability investment environment to attract investments.