Egyptian bourse continues sharp losses Monday
Egyptian bourse losses continues
Cairo - MENA
The Egyptian Exchange (EGX) continued to fall sharply for the second session in a row on Monday amid share sales by Arab, local and foreign institutions and mutual funds.
The market capital lost about EGP 5.8 billion to hit EGP 416.8 billion after transactions reached EGP 580 million.
The main benchmark EGX 30 index went down by 2.17 percent reaching 6,634.98 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 1.73 percent recording 374.45 points.
The overall EGX 100 index declined 1.58 percent reaching 764.46 points.
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France's Carrefour revamps operations
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
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" opens 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
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