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Invest AD unit buying Egyptian stocksAbu Dhabi-owned Invest AD's asset management arm has been buying Egyptian stocks this week as the stock exchange reopened after 7 weeks and stock prices reached attractive levels, the firm's CIO said. 'We reduced our position i More… |
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Global turmoil hits Egypt stocksTurmoil in global equity markets hit Egypt's main stock indexes on Tuesday for the second straight session, traders said, with the benchmark CASE 30 falling nearly 3 percent. "This is just in line with global markets. People are panicked," More… |
