Business

Reopening of Egypt’s stock exchange may be postponed for third tim

Sources at the Financial Supervisory Authority said the authority considered the possibility of postponing the reopening of the Egyptian stock exchange, which was slated for Sunday, for another week.

If carried out, this would constitute the third time since the 25 January revolution that the reopening was postponed. Stock Exchange Chairman Khaled Serry Seyam will make the decision when meeting with the new prime minister.

Meanwhile, an official report by the Cabinet’s Information and Support Center revealed that Suez Canal income has dropped by 1.6 percent since the start of the revolution.

Translated from the Arabic Edition.

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