Egyptian Exchange loses EGP 8.2bn
The Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) lost about 8.2 billion pounds at the close of trading on Monday driven by profit-making sales of Arab and Egyptian institutions and investments funds.
The main benchmark EGX 30 index went down by 1.76 percent reaching 1142,5 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 1.7 percent recording 459,63 points.
The overall EGX 100 index also declined by 1.66 percent reaching 1,077.01 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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