Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Egyptian Stocks: Arabia Investments and Egyptian Resorts

Aug. 8 (Bloomberg) -- Egypt’s benchmark EGX30 Index retreated 2 percent to 4,701.08 at the 1:30 p.m. close in Cairo, the lowest level since April 2009.

The following shares rose or fell. Symbols are in parentheses.

Arabia Investments & Development & Financial Investments Holding Co. (AIND EY) declined 4.1 percent to 70 piasters, the lowest level in more than two months. The Cairo-based company said it met its target of buying back 22.3 million of treasury shares in the period that ended Aug. 6.

Egyptian Resorts Co. (EGTS EY) retreated 3.7 percent to 1.04 Egyptian pounds, the lowest level since July 12. The Red Sea resorts developer said its land in the resort of Sahl Hasheesh is 8 million square meters bigger than first surveyed. The company, which agreed to buy the land from the government for $42.4 million, had paid $7.57 million as of March 31.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at

To contact the editor responsible for this story: Claudia Maedler at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.