Speaking at a conference held at the Egyptian Exchange, Kouchouk said the new tax facilitation package was developed following extensive consultations with the business community, private sector representatives and market specialists.
Under the package, companies that list on the EGX will receive a 15-per cent tax credit on the tax due in their annual tax returns for three years, a measure designed to encourage large companies to join the stock market.
The government has also approved replacing the capital gains tax with a stamp duty to ease the tax burden on investors, stimulate investment, and increase trading activity on the exchange.
In addition, the stamp duty on non-resident investors has been reduced to 0.5 per thousand from 1.25 per thousand, a step Kouchouk said would ensure greater tax fairness between resident and foreign investors.
The amendments also exempt market makers from stamp duty on transactions involving listed securities to support liquidity and improve market efficiency.
Kouchouk said the Ministry of Finance is seeking to provide strong support for Egypt's capital market by attracting more large and influential companies to list on the exchange while enabling existing listed firms to expand. He described the stock market as one of the country's key engines of economic growth and investment financing.
The minister added that the government is working to simplify tax procedures, lower transaction costs, increase liquidity and attract more investors, strengthening the Egyptian Exchange's ability to mobilize domestic savings and finance development plans.
He reiterated that the private sector remains the main driver of economic growth, stressing that the government is focused on maintaining macroeconomic stability, increasing private-sector participation in economic activity and investment, and preparing a new package of incentives to improve Egypt's competitiveness and investment climate.
Kouchouk said public finances are being managed with the broader objective of supporting economic growth, noting that higher state revenues depend on expanding investment and private-sector activity.
He added that Egypt's economic indicators have improved significantly as a result of the government's reform program and the speed and consistency of policy decisions over the past year.
According to the minister, the private sector's share of total implemented investments has risen to 60 percent, while the manufacturing, tourism, communications and information technology sectors have recorded stronger performance. Foreign direct investment (FDI) inflows also exceeded $13 billion during the period from July 2025 to March 2026.
Egypt is currently engaged in $an 8 billion loan program with the International Monetary Fund (IMF), under which Egypt is committed to raising the private sector share in the national economy and minimizing the state footprint in economic activity.
The program is scheduled to conclude by mid-December this year.
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