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Egyptian Exchange Resumes Trading

Rana Atef On Wednesday, the Egyptian Stock Exchange resumed trading after it was suspended due to a fire at the Ramses major telecommunications center in Cairo. Yesterday, Rania Yaacoub, a member of the Egyptian Stock Exchange, stated that the fire at Ramses Central caused a major disruption to internet and landline services. This had a direct impact on market operations and the ability of clients to communicate with brokerage firms and regulatory bodies. Speaking in an interview on Cairo News, Yaacoub explained that the disruption hindered the usual flow of daily operations, prompting the stock exchange administration to suspend trading during Tuesday's session. She emphasized that the decision was made to uphold the principle of equal opportunity for all market participants, noting that allowing trading to continue amid imbalanced service access would have harmed investors' interests. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean