The Egyptian Exchange (EGX) is the primary stock exchange in Egypt, providing a platform for trading in various securities such as equities, bonds, and derivatives. As with any stock exchange, EGX has its own trading calendar that includes holidays when the exchange is closed. In this article, we will take a closer look at the Egyptian Exchange NILX Holidays for 2023.

The Egyptian Exchange follows the official Egyptian holiday calendar for its trading schedule. The holidays recognized by EGX for 2023 are as follows:

• Coptic Christmas: Sunday, January 8, 2023
• Revolution Day: Wednesday, January 25, 2023
• Sinai Liberation Day: Sunday, April 23, 2023
• Labor Day: Monday, May 1, 2023
• Eid Al-Fitr: Estimated to start on Tuesday, May 30, 2023, and continue for three days.
• Revolution Day: Saturday, July 23, 2023
• Eid al-Adha: Estimated to start on Tuesday, August 22, 2023, and continue for four days.
• Islamic New Year: Wednesday, September 20, 2023
• Prophet’s Birthday: Estimated to start on Friday, November 24, 2023, and continue for one day.

Please note that the dates for Islamic holidays are subject to change based on the sighting of the moon, so it’s important to check for any updates or changes closer to the date.

It’s important to note that while the EGX is closed on the above-mentioned holidays, other markets, including international markets, may be open for trading. It is recommended that traders and investors keep themselves informed of any market closures or shortened trading hours during the holiday season.

In addition to the above-mentioned holidays, the EGX may also have modified trading hours or early closures around certain holidays. Traders and investors should keep themselves updated on any announcements from EGX regarding holiday schedules and trading hours.

In conclusion, the Egyptian Exchange is an important stock exchange in Egypt that follows the official Egyptian holiday calendar for its trading schedule. Traders and investors should take note of the Egyptian Exchange NILX Holidays for 2023 to avoid any inconvenience or trading losses. It is important to stay up to date with any announcements or changes to the holiday schedule to ensure timely trading decisions.