Orascam sends EGX index down by 2.26%
Cairo - MENA
The Egyptian Exchange (EGX) declined last week as the problem between Orascom Construction Industries (OCI) and the tax authority persisted, sending market capital down to 367.2 billion pounds from 374.2 billion the week before. Investors have also been skeptical about the consequences of an anticipated court ruling on March 9 in the Port Said Stadium massacre case. The main benchmark EGX 30 index tumbled by 2.26 percent to 5,366 points. The broader EGX 70 index of the leading smaller and mid cap enterprises SME) dropped by 3.04 percent to 457 points. The all-embracing EGX 100 index followed suit and went down by 3.17 percent to reach 771 points.
GMT 19:47 2018 Saturday ,06 January
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Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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 hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
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GMT 06:19 2017 Saturday ,29 April
Polisario Front withdraws from buffer zone in Western Sahara
GMT 12:49 2018 Friday ,12 January
Wife of Saudi blogger Badawi told he could be pardoned
GMT 23:26 2016 Thursday ,14 July
Shoukry, Kenyan FM discuss ties, situation in South Sudan
GMT 13:05 2018 Saturday ,01 September
Law on heritage declaration comes into effect
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