ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held …
Read More »Egypt rebounds after tumble on rates, Gulf swept by profit-taking
Reuters Egypt’s stock market on Tuesday recovered some of the previous day’s heavy losses while Gulf bourses were weaker as investors booked profits ahead of the holy month of Ramadan, when trading volumes and liquidity often decrease. Cairo’s index rebounded 1.1 percent after tumbling 2.5 percent on Monday, its largest single-day decline since Jan. 19, after the central bank unexpectedly …
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