#trading
Egypt's stock market opened with huge gains on Wednesday morning as news spread of talks between the Egyptian government and the International Monetary Fund (IMF) for a USD 12 billion loan. The main index opened 3.3 percent higher just minutes after trading commenced as the news appeared to appease many in Egypt and abroad. On Tuesday, Egypt's Prime Minister Sherif Ismail said that the Central Bank Governor and the Minister of Finance are completing negotiations for an IMF lending program…
