securities
LnRiLWZpZWxke21hcmdpbi1ib3R0b206MC43NmVtfS50Yi1maWVsZC0tbGVmdHt0ZXh0LWFsaWduOmxlZnR9LnRiLWZpZWxkLS1jZW50ZXJ7dGV4dC1hbGlnbjpjZW50ZXJ9LnRiLWZpZWxkLS1yaWdodHt0ZXh0LWFsaWduOnJpZ2h0fS50Yi1maWVsZF9fc2t5cGVfcHJldmlld3twYWRkaW5nOjEwcHggMjBweDtib3JkZXItcmFkaXVzOjNweDtjb2xvcjojZmZmO2JhY2tncm91bmQ6IzAwYWZlZTtkaXNwbGF5OmlubGluZS1ibG9ja311bC5nbGlkZV9fc2xpZGVze21hcmdpbjowfQ==
LnRiLWhlYWRpbmcuaGFzLWJhY2tncm91bmR7cGFkZGluZzowfQ==
Um9ib3RvOjcwMA==
.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 1) { grid-column: 1 } .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 2) { grid-column: 2 } .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 3) { grid-column: 3 } .wp-block-toolset-views-wpa-editor .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 0.3333fr) minmax(0, 0.3333fr) minmax(0, 0.3333fr);grid-auto-flow: row } .tb-container .tb-container-inner{width:100%;margin:0 auto} .wp-block-toolset-blocks-container.tb-container[data-toolset-blocks-container="4e311b9a13b41842bf5ae75ebd048d0b"] { background:linear-gradient(rgba( 14, 35, 73, 0.85 ),rgba( 14, 35, 73, 0.85 )),   url('https://riad-riad.com/wp-content/uploads/2021/06/markus-winkler-aId-xYRTlEc-unsplash.jpg') center center no-repeat;background-size:auto, cover;padding: 25px; } .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] { grid-template-columns: minmax(0, 0.3333fr) minmax(0, 0.3333fr) minmax(0, 0.3333fr);grid-column-gap: 135px;grid-auto-flow: row } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 1) { grid-column: 1 } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 2) { grid-column: 2 } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 3) { grid-column: 3 } .wpv-custom-search-filter-reset[data-toolset-views-custom-search-reset="eea68f702974142ed3a5a483ca81b4b8"] { text-align: left; } .wpv-custom-search-filter-reset[data-toolset-views-custom-search-reset="eea68f702974142ed3a5a483ca81b4b8"] .wpv-reset-trigger { padding-top: 0px;padding-left: 0px; } .wpv-custom-search-filter-submit[data-toolset-views-custom-search-submit="be1b1c3d99dd76fc0aea315f2652d88e"] { text-align: left; } .wpv-custom-search-filter-submit[data-toolset-views-custom-search-submit="be1b1c3d99dd76fc0aea315f2652d88e"] .wpv-submit-trigger { color: rgba( 20, 37, 75, 1 );background-color: rgba( 91, 134, 144, 1 );margin-top: 16px;padding-right: 40px;padding-bottom: 12px;padding-left: 40px;border-radius: 0; } .wpv-custom-search-filter[data-toolset-views-custom-search-filter="5d35a6b9ee39a49ddc6f53909fd139fa"] label, .wpv-custom-search-filter[data-toolset-views-custom-search-filter="5d35a6b9ee39a49ddc6f53909fd139fa"] .editor-rich-text__editable { color: rgba( 255, 255, 255, 1 ); } .wp-block-toolset-blocks-grid-column.tb-grid-column[data-toolset-blocks-grid-column="e863d66eac949908a5c6c8d2fd31320c"] { display: flex; } .wpv-custom-search-filter[data-toolset-views-custom-search-filter="4b9488358e2ebb19ce59f57eb579077c"] label, .wpv-custom-search-filter[data-toolset-views-custom-search-filter="4b9488358e2ebb19ce59f57eb579077c"] .editor-rich-text__editable { color: rgba( 255, 255, 255, 1 ); } .wpv-pagination-nav-links[data-toolset-views-view-pagination-block="cdfd4c4737b2898eba4443dd59a1bf50"] { text-align: left;justify-content: flex-start; } .wpv-block-loop-item[data-toolset-views-view-template-block="2b336607d140728943845f10fb0b8bbc"] { box-shadow: 0 0 5px 0 rgba( 176, 176, 176, 0.5 ); } .tb-container .tb-container-inner{width:100%;margin:0 auto} .wp-block-toolset-blocks-container.tb-container[data-toolset-blocks-container="b21ee8c3df6d53bb29d7ab7ab979ebf5"] { padding: 0px 10px 10px 10px;margin: 5px; } .wp-block-toolset-blocks-container.tb-container[data-toolset-blocks-container="b21ee8c3df6d53bb29d7ab7ab979ebf5"] > .tb-container-inner { max-width: 100%; } .tb-field[data-toolset-blocks-field="2baa8923d6c8f0a654b5a12513601006"] { color: rgba( 133, 133, 133, 1 ); }  .tb-field[data-toolset-blocks-field="78fe89de5167fbf49c1cecf371779bd8"] { font-size: 13px;color: rgba( 70, 124, 135, 1 ); }  h2.tb-heading[data-toolset-blocks-heading="a8cf817221211166804c04804ef5d3ac"]  { font-size: 24px;color: rgba( 20, 37, 75, 1 ); }  h2.tb-heading[data-toolset-blocks-heading="a8cf817221211166804c04804ef5d3ac"] a  { color: rgba( 20, 37, 75, 1 );font-family: Roboto;font-size: 20px;font-weight: 700; } h2.tb-heading[data-toolset-blocks-heading="a8cf817221211166804c04804ef5d3ac"] a:hover  { color: rgba( 91, 134, 144, 1 ); } .tb-image{position:relative;transition:transform 0.25s ease}.wp-block-image .tb-image.aligncenter{margin-left:auto;margin-right:auto}.tb-image img{max-width:100%;height:auto;width:auto;transition:transform 0.25s ease}.tb-image .tb-image-caption-fit-to-image{display:table}.tb-image .tb-image-caption-fit-to-image .tb-image-caption{display:table-caption;caption-side:bottom} .wp-block-image.tb-image[data-toolset-blocks-image="b3e9efe947d4de531d229a39a953bdbe"] { max-width: 100%; } .wp-block-image.tb-image[data-toolset-blocks-image="b3e9efe947d4de531d229a39a953bdbe"] img { padding-top: 15px; } @media only screen and (max-width: 781px) { .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 1) { grid-column: 1 } .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 2) { grid-column: 2 } .wp-block-toolset-views-wpa-editor > .tb-grid-column:nth-of-type(3n + 3) { grid-column: 3 } .wp-block-toolset-views-wpa-editor .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 0.3333fr) minmax(0, 0.3333fr) minmax(0, 0.3333fr);grid-auto-flow: row } .tb-container .tb-container-inner{width:100%;margin:0 auto}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] { grid-template-columns: minmax(0, 0.3333fr) minmax(0, 0.3333fr) minmax(0, 0.3333fr);grid-auto-flow: row } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 1) { grid-column: 1 } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 2) { grid-column: 2 } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] > .tb-grid-column:nth-of-type(3n + 3) { grid-column: 3 } .wp-block-toolset-blocks-grid-column.tb-grid-column[data-toolset-blocks-grid-column="e863d66eac949908a5c6c8d2fd31320c"] { display: flex; } .tb-container .tb-container-inner{width:100%;margin:0 auto}   .tb-image{position:relative;transition:transform 0.25s ease}.wp-block-image .tb-image.aligncenter{margin-left:auto;margin-right:auto}.tb-image img{max-width:100%;height:auto;width:auto;transition:transform 0.25s ease}.tb-image .tb-image-caption-fit-to-image{display:table}.tb-image .tb-image-caption-fit-to-image .tb-image-caption{display:table-caption;caption-side:bottom} } @media only screen and (max-width: 599px) { .tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-views-wpa-editor  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wp-block-toolset-views-wpa-editor .js-wpv-loop-wrapper > .tb-grid { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row } .tb-container .tb-container-inner{width:100%;margin:0 auto}.tb-grid,.tb-grid>.block-editor-inner-blocks>.block-editor-block-list__layout{display:grid;grid-row-gap:25px;grid-column-gap:25px}.tb-grid-item{background:#d38a03;padding:30px}.tb-grid-column{flex-wrap:wrap}.tb-grid-column>*{width:100%}.tb-grid-column.tb-grid-align-top{width:100%;display:flex;align-content:flex-start}.tb-grid-column.tb-grid-align-center{width:100%;display:flex;align-content:center}.tb-grid-column.tb-grid-align-bottom{width:100%;display:flex;align-content:flex-end} .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"] { grid-template-columns: minmax(0, 1fr);grid-auto-flow: row } .wp-block-toolset-blocks-grid.tb-grid[data-toolset-blocks-grid="ef7ae9842b58304e73c3210e892713ec"]  > .tb-grid-column:nth-of-type(1n+1) { grid-column: 1 } .wp-block-toolset-blocks-grid-column.tb-grid-column[data-toolset-blocks-grid-column="e863d66eac949908a5c6c8d2fd31320c"] { display: flex; } .tb-container .tb-container-inner{width:100%;margin:0 auto}   .tb-image{position:relative;transition:transform 0.25s ease}.wp-block-image .tb-image.aligncenter{margin-left:auto;margin-right:auto}.tb-image img{max-width:100%;height:auto;width:auto;transition:transform 0.25s ease}.tb-image .tb-image-caption-fit-to-image{display:table}.tb-image .tb-image-caption-fit-to-image .tb-image-caption{display:table-caption;caption-side:bottom} } 
Capital Gain Tax and Stamp Tax on Trading Securities
January 30, 2022
In 2014, the Egyptian Income Tax Law No. 91 for 2005 (“Income Tax Law”) was amended to apply capital gain tax (“CGT”) on the gains realized from the disposal of shares. The tax rate differs depending on the shares b...