EGX to close Wednesday on occasion of Sinai Liberation Day

CAIRO – 22 April 2018: Sinai Liberation Day, which falls on Wednesday, will be an official holiday at the Egyptian Exchange (EGX). The market will resume trading on Thursday, according to an official statement issued on Sunday.

EGX ended Thursday’s session in green as EGX30, EGX50, EGX70 and EGX100 increased by 0.42 percent, 0.21 percent, 0.82 percent and 0.77 percent, respectively.

Meanwhile, President Abdel Fatah al-Sisi will inaugurate five developmental and infrastructural projects in Sinai via video conference during the celebration of Sinai Liberation Day.

The projects are: Rumaila 3 desalination plant; two sewage stations, one in Hamam city and the other in Dabaa city; East Matrouh electricity transformer station and a water lifter in New Dabaa.

Sinai Liberation Day celebrates the freeing of the Sinai Peninsula on April 25 of every year to mark the withdrawal of the last Israeli soldier from the city of Taba in 1988, and recovering the entire land of Sinai.