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Cairo – Egypt is strengthening its partnership with the private sector through innovative tax and customs policies, according to Finance Minister Ahmed Kouchouk.

Speaking at an open dialogue with industrial representatives at the Federation of Egyptian Industries, Minister Kouchouk emphasized: “Together, we share ideas and visions on advanced tax reforms that incentivize production and exports.”

He highlighted that fiscal discipline is sustainable only when backed by a strong, diversified economy. “Our focus is on moving the economy forward, increasing production and exports, and creating sufficient and decent jobs,” he said. The minister added that the government remains open to additional initiatives that encourage industry and export activity, linking incentives directly to measurable results.

The Finance Minister outlined the second package of tax facilitation measures, which includes simplified stamp duty instead of capital gains tax for stock exchange transactions for residents and new incentives to encourage major companies to register and trade on the Egyptian Exchange. He also confirmed that property transfer taxes for individuals remain unchanged and announced the rollout of a mobile application to simplify notifications and payments.

Kouchouk stressed that private sector feedback on Egypt’s economic, financial, and tax reforms exceeded expectations, noting a 73% increase in private investments last year and a 35% growth in tax revenues without imposing additional burdens. He also highlighted efforts to strengthen government debt indicators, reduce external debt, and review customs tariffs to support local industry and expand transit trade, positioning Egyptian ports as industrial and logistics hubs.