Economics

Egypt Shares Drop as Economy Concern Outweighs Vote

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Egyptian stocks fell for the first time in four days as concern that the government will fail to revive economic growth overshadowed initial results showing a draft constitution won approval.

Palm Hills Developments SAE, a developer of luxury real estate, tumbled the most since Dec. 6. Orascom Telecom Holding, a mobile phone operator, dropped 2.1 percent.