Egypt's bourse opens Wednesday: new chairman

Bassem Abo Alabass, Monday 21 Mar 2011

Wednesday Egypt’s stock exchange will open after closure due to the revolution, according to Abdel Salam, chairman of the Egyptian stock exchange as of today

The chairman of the Egyptian stock exchange, Khaled Serry Syam resigned today and within a few hours Mohamed Abdel Salam was announced as his replacement.

'The bourse will reopen on Wednesday” the new chairman announced exclusively to Ahram Online.

Abdul Salam is the former chairman of Misr for Central Clearing, Depository and Registry and he will remain in both posts for the next six months.

Egypt’s bourse closed early on during the revolution on 28 January and has not opened since.

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