Egyptian Exchange Dismisses Cyberattack Rumors; Clarifies Temporary Trading Halt as Technical Glitch
Official sources at the Egyptian Exchange (EGX) have categorically denied reports circulating about a potential cyberattack on the market’s trading systems. Speaking to FinTech Gate, the sources emphasized that there is no evidence of a security breach or electronic infiltration of the market’s technological infrastructure. The exchange clarified that the temporary suspension of trading during today’s session was the result of a localized technical fault, which is currently being addressed by specialized technical teams.
The EGX reaffirmed that its technical staff is working diligently to restore full system functionality as quickly as possible. Management is closely monitoring the situation and has committed to issuing a public update immediately upon the full restoration of trading services. This official clarification aims to maintain market integrity and prevent the spread of misinformation during a period of heightened regional economic sensitivity.