VOL. XLII
No 41
11-October-1999
EGYPT
New Prime Minister Boosts Market Sentiment In Egypt
Egypts Capital Markets Authority index rose 0.69 points to519.05 on 5 October following the news that President Husni Mubarak hadappointed the former Minister of Public Enterprise, Dr. 'Atif 'Ubaid, as primeminister after the resignation of the government led by Mr. Kamal Ganzuri.International and Egyptian financial circles welcomed the news. Investment bankEFG Hermes said in a press statement issued the...
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