World Bulletin/News Desk
Authorities beefed up security around the Egyptian Stock Exchange in downtown Cairo on Tuesday following calls by protest groups to stage demonstrations there to denounce deteriorating economic conditions.
Security in the area was stepped up while security forces cordoned off the stock exchange building.
On Monday, the "Youth against the Military Coup" – a protest movement that demands the reinstatement of ousted president Mohamed Morsi – called on Egyptians to converge on the area.
Group spokesman Diaa al-Sawi said the student movement had chosen the bourse as its protest venue because Egypt's economic conditions had recently worsened so dramatically.
A stock exchange source told Anadolu Agency that the exchange building had been fully secured and that security measures had been intensified in anticipation of Tuesday's planned protest.
According to an AA correspondent at the scene, as of midday, no demonstrators had shown up in response to the protest calls.
Morsi supporters have staged daily protests countrywide since the Islamist leader's July 3 ouster by the army. They demand Morsi's reinstatement as president and slam the policies of Egypt's new army-backed rulers.
The National Alliance for the Defense of Legitimacy, Morsi's main support bloc, had also urged Egyptians to stage Tuesday rallies to protest the ongoing detention of pro-Morsi students by the military-backed authorities.
The alliance, which is made up of several Islamist parties and pro-democracy groups, had dubbed Tuesday's planned protests "Freedom for Egypt's Students."
Last Mod: 12 Kasım 2013, 13:47