Publication Date:
Sun, 2011-02-27 23:41
The announcement came in a statement by Egypt’s Cabinet.
The Egyptian exchange has been closed for over a month.
The market’s main stock index lost almost 17 percent in two trading sessions before closing down after the end of the trading day on Jan. 27.
Officials have been revising regulations since then, worried about a market crash. Repeated plans to reopen it have been delayed by a series of labor strikes that forced the closure of public sector banks for a week.
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