Egypt

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Egyptian Stocks Rise Most Since July as Dubai Debt Concern Ebbs

Bloomberg - Tue Dec 1, 10:15 am ET

Dec. 1 (Bloomberg) -- Egyptian stocks rose the most since July after the government said the country wasn’t directly exposed to Dubai World debt. Orascom Construction Industries, the biggest publicly traded builder in Egypt, and Commercial International Bank led the EGX30 Index up 4 percent to 6,067.59 at the close in Cairo, its steepest increase since Aug. 23.

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