Bourse gains EGP 17.2bn in early trading Tuesday
Egyptian Bourse
Cairo - MENA
The Egyptian Exchange (EGX) continued its upward trend as all indices were up at the opening of a trading session on Tuesday, backed by wide purchases by investment funds and foreign institutions.
The market capital gained about 17.2 billion pounds at the opening of transactions to reach 492.9 billion pounds against 475.7 billion pounds on Monday.
The EGX 30 benchmark index went up by 3.3 percent to close at 10,146.8 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) increased by 1.8 percent to 377.55 points.
The all-embracing EGX 100 index inched up by 2.69 percent to hit 898.25 points.
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Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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