Four people have died and around 30 others were injured in a fire that broke out at the Ramses Telecom Center in downtown Cairo on Monday, according to Egyptian media reports on Tuesday.
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Egypt’s Minister of Communications, Amr Talaat, stated that telecom services will gradually resume within 24 hours. However, the Ramses exchange building will remain out of service for several days due to the damage caused by the fire.
The blaze, which erupted in a facility operated by Telecom Egypt, was contained on Monday according to state television. However, it caused significant disruptions to telephone and internet services across the capital.
Minister Talaat noted that he cut short an overseas visit to return to Cairo and personally follow up on the incident, assess the extent of the damage, and oversee measures being taken to ensure continuity of telecom services and minimize the impact of the fire.
In a related development, the Egyptian Stock Exchange announced the suspension of trading on Tuesday due to communication difficulties affecting the efficiency of the trading system.
In a statement, the stock exchange said:
"In light of recent developments, and despite continuous efforts from all parties to create an environment suitable for trading and enable brokerage firms to communicate effectively with all components of the trading ecosystem, the Egyptian Stock Exchange has decided to suspend trading today, Tuesday, July 8, 2025, in the interest of all stakeholders and to ensure fair opportunities for all participants."
— (Agencies)
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