Egypt to reopen stock market on Tuesday, says cabinet

Egypt’s stock
exchange, closed since January 27 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, March 1, 2011,” the statement
said on Sunday.

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