21.01.2012 - 10:04 [ Al-Masry Al-Youm ]

Islamists look to shake up Egypt stock exchange

Last month, Mahmoud Abbas, a member of the Salafi-led Nour Party, addressed newly elected members of Egypt‘s lower house of parliament and journalists in a conference at the Egyptian stock exchange, in an effort to reassure investors that markets will be safe under an Islamist-dominated parliament.

“I am an investor in the Egyptian exchange since 1996,” said Abbas, whose party has garnered about a quarter of the seats in the People‘s Assembly.