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This file photo shows traders working at the Egyptian stock market in Cairo on February 2, 2014. (Reuters/ Mohamed Abd El Ghany/Files)
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Traders work at the Egyptian Exchange in Cairo on June 1, 2014. (Reutyer/Mohamed Abd El Ghany
Egypt stock market plunges on reports of new taxes
Cairo, AP—Egypt’s stock market witnessed a sharp plunge on Sunday that forced a temporary suspension of trading following reports of a newly proposed government tax on capital gains. The half-hour suspension on the first day of the trading week at the Egyptian...Caption:
Traders work at the Egyptian Exchange in Cairo
(Reuters/Mohamed Abd El Ghany)