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Article: News in brief.
- Article from:
- Daily News Egypt (Egypt)
- Article date:
- February 24, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CASE 30 will become EGX 30
The Egyptian Stock Exchange (EGX) will change the CASE 30 index name to EGX 30 starting March 2009. Also, EGX intends to issue an EGX 70 index during the same month. The new index will include the most active 70 stocks in the Egyptian market after excluding the 30 companies included in EGX 30 index. --Al-Mal
State bank may buy Damac stake
State-controlled Housing and Development Bank said on Monday it had agreed to conduct due diligence checks to buy a 60-percent stake in the Egyptian unit of Dubai-based property developer Damac. --Reuters
Eye on the market
Global Investment House said it may face ...