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Last Update 16:44
Monday, 26 December 2011
Cairo 17-8

EU supports Egypt's governmental sectors with € 202.5 million
Nikkei breaks above 25-day moving average
Positive US housing data and a deal to extend the US payroll tax cut for two months pushes Japan's main index upwards
Egypt's Alcotexa sells 1,775 T cotton in past week
The deal brings Alcotexa's export commitments for the 2011/12 season to 25,204 tonnes worth $87.33 million
Market Update: Egypt Bourse slips 1.3 pct in Monday trade
Qatar T-bills to start trading on exchange
Trade in short-term Qatari Treasury bills will begin on the Qatar Exchange on Thursday
Egypt to offer 5 bln EGP in 3- and 5-year bonds
The central bank will offer LE3 billion of three-year bonds, which mature on Jan 3, 2015, and LE2 billion of five-year bonds which mature on Jan 3, 2017
Libya economy minister quits
Market Update: Egypt stocks drop 1.3 pct by midday Monday
Egypt economy grows by 0.2 pct, down on previous quarter
The drop in the growth rate is driven by contraction of tourism, construction and manufacturing industries while domestic consumption prevented the economy from shrinking  
Dubai 2012 expenditure projected at 32.26 bln dirhams
The planned expenditures translates to a budget deficit of $498.23 million

IMF's Lagarde warns that global economy threatened
The head of the International Monetary Fund believes the world economy is in danger as she urges Europeans to speak with one voice on a debt crisis that has rattled the global financial system

Saudi to let foreign carriers fly domestic routes
The decision comes six weeks after King Abdullah moved responsibility for the aviation sector from the Defence Ministry to the newly established General Authority for Civil Aviation

Mideast Market round-up: Zain Saudi at 2-mth high; Gulf mixed
Gulf markets shows mixed results in year-end trade with few market leaders showing significant results

Market Report: Bourse turnover at ten-year-low on Christmas day
The stock exchange realised an impressive 1.93 per cent gain but turnover plummets to $16.5 million as foreign investors' activity tumbles

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