Economic experts ask government to delay law on share taxes in Egypt
Board chairman of Qurtoba exchange
Cairo - MENA
Investors and economic experts have asked the government to seriously consider delaying a tax-on-shares law, arguing it is not useful in the time being.
Taxes on gains made from trading are not useful, especially that the EGX has been losing a big deal over the past months.
"The government should further interact with events in Egypt and the world," said Mohamed Roshdi, board chairman of Qurtoba exchange.
EGX indexes have been taking a downturn ever since the government announced the law on share profit taxes, Roshdi said.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 04:52 2017 Saturday ,01 July
Rise in temperatures expected
GMT 13:53 2014 Wednesday ,08 January
US undergraduates impress astronomers with asteroid discovery
GMT 06:42 2018 Sunday ,14 January
Saudi Binladin Group denies govt takeover
GMT 13:42 2017 Thursday ,17 August
Mali ex-jihadist liable for 2.7 mn euros for Timbuktu destructionGMT 09:47 2012 Thursday ,22 March
An evening with pianist Ramzi Yassa
GMT 17:33 2017 Tuesday ,04 April
UN says stalled Cyprus peace talks to resumeGMT 13:16 2011 Friday ,26 August
Bahrainis defy Quds Day rally ban
GMT 12:51 2016 Sunday ,22 May
Armenia, China vow to deepen security, anti-terror cooperation
GMT 05:12 2017 Monday ,08 May
Higuain scores to grab
GMT 07:45 2017 Friday ,07 July
Major men's title seeks gift vouchers
GMT 09:32 2017 Friday ,16 June
Daesh retake most of liberated districts in central
GMT 18:03 2018 Friday ,07 December
Russian, Greek leaders to hold first meeting after diplomatic row
GMT 13:56 2018 Sunday ,18 November
Russian PM sends condolences over deadly California wildfiresGMT 09:23 2012 Thursday ,31 May
Don’t blame Qatar for deadly fireGMT 17:43 2013 Thursday ,07 February
Omani ruler launches $182m business fund to create jobs
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor