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Egyptian businessmen rattled by new regulations

The Egyptian government has upset the local business community with the issuance of regulations for laws imposing a 10% tax on stock market profits and restricting dollar deposits.

The Egyptian Exchange bell is seen at the stock exchange in Cairo, March 12, 2015. After four years of political turmoil, Egypt is staking its economic revival on an investment summit in Sharm el-Sheikh it hopes will burnish its image and attract billions of dollars. REUTERS/Mohamed Abd El Ghany (EGYPT - Tags: POLITICS BUSINESS) - RTR4T2G3
The Egyptian Exchange bell is seen at the stock exchange in Cairo, March 12, 2015. — REUTERS/Mohamed Abd El Ghany

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