Sunday, April 29, 2007

Egypt's CASE 30 Index Declines; Sidi Kerir and Orascom Construction Slide

(Bloomberg) -- Egyptian stocks including Sidi Kerir Petrochemicals, the only maker of ethylene in Egypt, and Orascom Construction Industries, dropped.

Sixth of October Development & Investment Co., the largest real-estate developer by market value in Egypt, rose after it announced it would invest 8 billion Egyptian pounds ($1.4 billion) with Solidere of Lebanon to build new homes.


Read more at Bloomberg Stocks News

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