Speaking at a conference held at the Egyptian Exchange (EGX), the Minister delivered encouraging messages to investors, stressing that the government is committed to providing strong support for the capital market, attracting large and influential companies to list on the Exchange, and helping businesses of all sizes expand, thereby deepening the market and enhancing its role in financing economic growth.

 

Kouchouk explained that the new package introduces a 15% investment incentive in the form of a tax credit against the tax due in the annual tax return for a period of three years, aimed at encouraging large companies to list on the Egyptian Exchange and strengthening the attractiveness of the capital market.

 

The Minister also announced the replacement of the capital gains tax with a stamp duty on securities transactions to reduce tax burdens and stimulate investment and trading activity in the Egyptian Exchange. He added that the stamp duty rate for non-resident investors has been reduced to 0.5 per mille, down from 1.25 per mille, ensuring fair treatment between resident and non-resident investors while enhancing the competitiveness of the Egyptian market.

 

Kouchouk expressed satisfaction with the Exchange's recent performance, highlighting the significant increase in both the volume and value of daily trading. He also noted that market makers have been exempted from stamp duty on the purchase and sale of listed securities in support of their vital role in enhancing market liquidity and efficiency.

 

The Minister emphasized that the government views the capital market as a key driver of economic growth and investment financing. He noted that ongoing efforts focus on simplifying tax procedures, reducing transaction costs, increasing market liquidity, and attracting more investors, while strengthening the Egyptian Exchange's capacity to mobilize domestic savings and finance sustainable development.

 

Kouchouk reiterated that the private sector remains the primary engine of economic growth and affirmed the government's commitment to preserving macroeconomic stability while expanding the private sector's role in economic activity and investment. He revealed that the Ministry is working on a new package of tax facilities that will further enhance the competitiveness of the Egyptian economy.

 

The Minister also stressed the government's unwavering commitment to the economic reform agenda and to strengthening Egypt's attractiveness as an investment destination through structural reforms aimed at improving the business environment, increasing production, and expanding both merchandise and services exports.

 

 

Highlighting the Ministry's broader economic vision, Kouchouk stated that public finances are managed from a comprehensive economic perspective, adding that "government revenues will naturally grow when investment increases and the private sector expands," underscoring the government's strategy of promoting economic activity as the sustainable path toward stronger public revenues.

 

He concluded by noting that Egypt's economic indicators have become increasingly reassuring as a result of the reforms implemented and the consistency and speed of policymaking over the past year. Private sector investments now account for 60% of total implemented investments, while notable improvements have been recorded across the manufacturing, tourism, telecommunications, and information technology sectors. In addition, foreign direct investment exceeded US$13 billion during the period from July 2025 to March 2026.