Regime Escalations Destructive to Stock Market

The indices in the Egyptian stock exchange dropped sharply at the end yesterday’s trading session. The traders described the last minutes of the session as “horrible”, attributing this to nearing the day of the stock market last February.

It is worth mentioning the Egyptian stock exchange witnessed on Tuesday March, 13, 2006 a complete collapse and most traders lost all their money.

 

The Egyptian economic landscape is witnessing a serious collapse due to the ongoing crackdowns against Muslim Brotherhood businessmen, the latest of which was freezing assets of 29 top MB businessmen, raising doubts about businessmen’s freedom in their investments inside Egypt.

 

 

 Related Topics:

Crackdown on MB Businesses Will Hurt Economy, Experts Warn
Ikhwanweb – Cairo, Egypt
Egypt freezes ’Brotherhood assets’
ِAljazeera-Doha, Qatar
Analysis: Egypt’s cat and mouse game
Dina Abdel Mageed, MIDDLE EAST TIMES – Cairo, Egypt
No need to be afraid of us
Khairat el-Shatir, (The Guardian) – London, UK
Al-Shater’s Health Deteriorates After Being Denied Medical Care
Ikhwanweb – Cairo, Egypt

Other Topics:

Egypt puts financial squeeze on opposition Islamists
France24 – Paris,France
Cairo freezes assets of Brotherhood members
Independent Online – Cape Town,South Africa