Egypt’s Interim president, Adly Mansour, has enacted a decree to amend some of Capital Market regulations, substituting Article No. 24 of Capital Market law No. 95/1992.
The amendment allows respective minister to regulate brokerage commission fees and maximum rates of other services provided in the Egyptian Exchange.
The new decree estimates securities listing fees at 2 per 1000 of any capital, with maximum rate of EGP 500 thousand annually.
The amendment allows respective minister to regulate brokerage commission fees and maximum rates of other services provided in the Egyptian Exchange.
The new decree estimates securities listing fees at 2 per 1000 of any capital, with maximum rate of EGP 500 thousand annually.
Source:
Mubasher
