Transactions taking place in the stock exchange are not subject to capital gains tax.
The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the first futures market in Alexandria.
By 1899, under the rule of Khedive Abbas II, the exchange relocated to a new premises on Muhammad Ali Square, today known as El Manshiyya.
[4] By 1908, a proper trading platform had emerged in Cairo, located opposite the French Consulate, where investors could watch market activities.
[5][6] It closed at the end of trading on 27th of January after the benchmark EGX 30 Index (EGX30) plunged 16 percent that week amid the uprising.