Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,112.20 -206.04 -1.35%
S&P 500 1,628.93 -22.88 -1.39%
Nasdaq 3,443.20 -38.98 -1.12%
Ticker Volume Price Price Delta
STOXX 50 2,683.98 -16.95 -0.63%
FTSE 100 6,348.82 -25.39 -0.40%
DAX 8,197.08 -32.43 -0.39%
Ticker Volume Price Price Delta
Nikkei 12,979.40 -265.85 -2.01%
Hang Seng 20,986.90 -238.99 -1.13%
S&P/ASX 200 4,800.00 -61.38 -1.26%

English-Language Daily News Egypt Closes After Seven Years

Egypt’s only independent English- language daily newspaper printed in the country has closed after seven years, its editorial staff said.

“Last Thursday, the editorial staff of Daily News Egypt was informed, quite abruptly, that our last issue was going to be the one which was published Saturday-Sunday, April 21-22, 2012,” the staff said in an editorial posted on the newspaper’s online edition today.

The editorial did not explain the circumstances leading to the closure. Ahmed Badrawi, one of the investors in the publication, declined to comment when contacted on his mobile phone.

To contact the reporter on this story: Tarek El-Tablawy in Cairo teltablawy@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden in Dubai at barden@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link