Gazette publishes premier's decisions on activating bourse

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Thu, 07 May 2020 - 11:40 GMT

Prime Minister Mostafa Madbouli - Press Photo

Prime Minister Mostafa Madbouli - Press Photo

CAIRO - 7 May 2020: The gazette published on Thursday decisions taken by Prime Minister Moustafa Madbouli to activate the bourse and boost capital market growth rate with an aim to encourage investment and create a competitive business environment in comparison with global and regional markets.

Under the premier's decisions, the fees of investor protection fund (IPF) were reduced by 50 percent to be 5 per 100,000 instead of 1 per ten thousand. Also, services charges on trading in listed bonds will be reduced by 50 percent.

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