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Egypt's banks, EGX off next Sunday on Coptic Christmas occasion

Egypt's banks, EGX off next Sunday on Coptic Christmas occasion
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Cairo – Mubasher: The Central Bank of Egypt (CBE) said that banks operating in Egypt will be closed on Sunday, 8 January 2023, on the occasion of the Coptic Christmas.

Banks will reopen on Monday, 9 January, according to an official statement.

In addition, trading on the Egyptian Exchange (EGX) will be halted next Sunday to be resumed the next day, the EGX said in a separate statement. 

The two decisions came following the Prime Minister’s announcement that 8 January will be a paid day-off for all employees at ministries, governmental facilities, public authorities, local administration units, public sector companies, the public enterprise sector, and the private sector in Egypt.