Egyptian Exchange loses EGP 1bn
Egyptian Exchange
Cairo - MENA
The Egyptian Exchange (EGX) indexes were all down at the close of trading on Monday pushed by share sales by Arab institutions and investment funds.
The market capital lost about EGP one billion to hit EGP 496.4 billion after transactions hit EGP 982.7 million.
The main benchmark EGX 30 index went down by 0.41 percent reaching 8,158.31 points.
The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.24 percent recording 458 points.
The overall EGX 100 index declined 0.56 percent reaching 938.84 points.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
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
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 its presence in specialtyParis show pays homage
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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