Egypt's bourse index sets new record during morning trading
Egypt's bourse index
Cairo - MENA
The Egyptian Exchange (EGX) index set on Thursday a new record high of 13,850 points during morning trading.
Brokers told MENA that the EGX 30 benchmark index rose 1.2 percent backed by strong purchases by Arab and foreign institutions of shares of banking, communications and real estate sectors.
The market capital hit 4 billion pounds today to close at 715 billion pounds.
Hussein el Sayed, money market expert, said the performance of the Egyptian money market was positively affected by the report of Fitch Ratings on the Egyptian economy.
The global leader in credit ratings lauded positive steps taken by Egypt lately as part of its economic reform program.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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