Cairo – Mubasher: The Egyptian Ministry of Finance announced lowering regulatory fees on stock trading by 20% to 0.005% from 0.00625%
The government also slashed charges on clearing and depository services covering stocks, bonds, sukuk, and other debt instruments by 20% to 0.01% at a maximum limit of EGP 5,000 or its equivalent in foreign currencies, the finance minister Mohamed Maait said in a statement on Wednesday.
In addition, the ministry lowered subscriptions to the Investor Protection Fund by 50% to 0.005% of the value of the transaction.
