Business

Egypt to reopen stock market on Tuesday

Egypt's stock exchange, closed since 27 January because of the protests that ousted President Hosni Mubarak, has decided to reopen on Tuesday, the cabinet said in a statement.

"The prime minister has presented proposed measures through the Egyptian Financial Supervisory Authority and the Egyptian Exchange in preparation for a resumption of bourse trading, and this is in light of the bourse's decision to resume trading on Tuesday, 1 March,  2011," the statement said on Sunday.  

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