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Official holiday for banks and EGX on May Day

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There will also be a holiday on 5 and 6 May for Easter

Stock market experts criticised the recent government decision to impose a 0.001% tax on all Egyptian Exchange (EGX) trades (AFP Photo)

Wednesday 1 May, May Day, has officially been designated as a holiday for bank and Egyptian Exchange (EGX) employees, with work set to resume on Thursday
(AFP Photo)

Wednesday 1 May, May Day, has officially been designated as a holiday for bank and Egyptian Exchange (EGX) employees, with work set to resume on Thursday.

The Central Bank of Egypt and the EGX later released two separate statements via state-run news agency MENA stating that 5 and 6 May would also serve as bank and stock exchange worker holidays as a result of Easter celebrations, with work set to resume on Tuesday 7 May.

Egypt celebrates Labour Day on 1 May.


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