DJI 14,936 -0.9% | S&P 1,676 -0.85% | NASDAQ 3,770 -0.98% | EGX30 5,765 +0.69% EGYPT POLITICS - Minister of Irrigation and Water Resources Minister Mohamed Abdul Muttalib described the statements issued by the Ethiopian Prime Minister on the Renaissance Dam as a positive step in the file of the Nile Basin countries. He underlined the necessity of maintaining the water interests of all Egypt, Ethiopia and Sudan. On another note, attacks on Egyptian security forces including a suicide bombing in the Sinai peninsula extended the death toll from two days of violence to at least 65. A suicide bomber wearing police uniform detonated a car laden with explosives inside a security base at El-Tour in southern Sinai yesterday, said Mohamed Abdel-Salam, head of the region’s justice department. Four policemen were killed, and more than 60 people injured, according to Health Ministry officials. Near the Suez Canal city of Ismailiya, six soldiers were killed by gunmen. EFG HERMES - Hassan Heikal steps down effective Oct. 31; co. continues to be led by Yasser El Mallawany as CEO, and Karim Awad as CEO of investment bank. Bloomberg
Posted on: Tue, 08 Oct 2013 07:17:04 +0000