Media ID: 55332877
Caption:
In this Saturday, March 10, 2013 file photo, Egyptian traders work on the floor of the stock market in Cairo, Egypt. (AP Photo/Amr Nabil, File)
by Abdul Sattar Hatita | Jun 3, 2014 | Business
Cairo, Asharq Al-Awsat—The Egyptian government has taken measures to ease some of the provisions from a new stock market tax law announced last week after the Egyptian Exchange (EGX) recorded its biggest daily drop in almost a year on Sunday following the...
Media ID: 55332808
Caption:
Traders work at the Egyptian Exchange in Cairo on June 1, 2014. (Reutyer/Mohamed Abd El Ghany
by Asharq Al-Awsat | Jun 1, 2014 | Business
Cairo, AP—Egypt’s stock market witnessed a sharp plunge on Sunday that forced a temporary suspension of trading following reports of a newly proposed government tax on capital gains. The half-hour suspension on the first day of the trading week at the Egyptian...