Egypt bourse loses EGP 7.5bn
Egypt bourse
Cairo - MENA
Egypt's bourse continued on Monday its downward trend as all indices were down at the close of trading pushed by sales by institutions and foreign investment funds.
The market capital lost about 7.5 billion pounds to end today's transactions at 411.9 billion pounds amid trading which reached about 969.6 million pounds.
The benchmark index EGX 30 retreated by 2.24 percent down to 8,243.32 points.
The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) declined 2.19 percent to 336.4 points.
The all-embracing EGX 100 index followed suit with 1.7 percent taking the index down to 787.14 points.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
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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