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...
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...
by Sharif Yamani | Jan 28, 2014 | Business
Cairo, Asharq Al-Awasat—In a move to help develop Egypt’s capital markets, the Egyptian Exchange (EGX) announced on Sunday the launch of a new index for the Nile Stock Exchange (Nilex), the country’s small and mid-cap stock market. EGX Chairman Dr. Mohamed Omran said...