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The Central Bank of Egypt announced on Wednesday that the country’s banks will be closed on Thursday following deadly violence, Al-Ahram Arabic news website reported.
The stock exchange decided to follow suit.
The unrest led Egypt's main index to fall 1.7 percent in Wednesday's session.
The Egyptian stock market stopped trading for half an hour at the beginning of Thursday's session after stocks hit the maximum percentage increase in the first few minutes of trading.
Egypt's banks will be closed from Monday 14th to Thursday 17th for Eid Al-Adha holiday celebrations, announced the central bank of Egypt in a statement on Tuesday.
Work will resume Sunday 20th,...
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Thanks for that Keefy as I would of been going on that date to collect my 'pennies from heaven.' :up
President Mohamed Morsy may indeed appeal the cancellation of elections, though he had previously indicated that he would not, is the focus of headlines in at least four newspapers today. The...
Egypt's Meteorological Authority said temperatures across the country are forecasted to drop as of Thursday, bringing relief from the current two-day heat wave.
