Egypt will reopen
its stock exchange before March 28 so the bourse is not removed from
global indices, the finance minister was quoted as saying on the prime
minister’s Facebook page on Saturday.
Samir Radwan said
one of the reasons for the continued closure of the stock exchange was
that the situation in Egypt had not “not reached the improvement that
we were imagining, even though matters are improving every day”.
He made the remarks
in a television interview reported on the cabinet’s Facebook page. He
did not make any comment on the prospects of the stock exchange opening
sooner than March 28, according to the interview. The bourse has been
shut since January 27. It was closed in the early days of the uprising
that swept Hosni Mubarak from the presidency on February 11.
