CAIRO: Egypt’s central bank said the country’s banks would remain closed on Wednesday and Thursday after having been closed on Monday because of strikes that had disrupted their operations, state television said on Tuesday.
Banks were closed on Tuesday, which is an official holiday marking the Prophet Mohamed’s birthday, Reuters reported.
The stock market reopening, scheduled for Wednesday, has also been delayed until stability returns to the financial sector, the exchange said. For now it is expected to open Sunday.
What began as mass nationwide protests demanding the removal of former president Hosni Mubarak eventually spilled over into various sectors, ministries, state institutions and, more recently, public sector banks.