The Egyptian government’s new tax incentives are designed to support investment, expand private-sector activity and strengthen the Egyptian Exchange (EGX), Finance Minister Ahmed Kouchouk said.
Addressing a conference held at the Egyptian Exchange on Monday, Kouchouk added that the reforms had been developed through consultations with market participants, the private sector and tax experts, describing them as the product of partnership and dialogue.
The package includes a 15 per cent tax credit, available for three years, for large companies that list on the stock exchange. The measure aims to encourage new listings and deepen the capital market.
The minister also announced the replacement of the capital gains tax with a stamp duty on securities transactions to reduce costs and stimulate trading. The stamp duty rate for non-resident investors has been lowered to 0.5 per thousand, bringing it in line with the rate applied to residents. Market makers will also be exempt from stamp duty on transactions involving listed securities to support market liquidity.
Kouchouk described the stock market as a key driver of economic growth and investment financing, adding that the government is working to simplify tax procedures, reduce transaction costs and attract more investors.
He said the private sector remains the main engine of economic growth, noting that private investment now accounts for 60 per cent of total implemented investments, while foreign direct investment exceeded $13 billion between July 2025 and March 2026.
