According to Boutros Ghali, shares of any listed company that are not traded for six consecutive months will be cancelled from the list of stocks on the exchange. This decision, he said, is expected to encourage trading. Trading 269,110 shares, CIB captured 9.8 per cent of the volume of dealings for the week, and gained LE1.45 per share to end at LE72.75. Topping the list of companies registering gains in their share value was Canal Shipping Agencies, which registered a 26.91 per cent increase during the week to close at LE5.99. Shares of the National Alexandria Iron and Steel Company suffered the highest loss, declining by 18.3 per cent to stabilize at LE162.45.
Any city has many stories to tell.
The memories are ensconced in the names of streets and buildings. But women s names are conspicuously absent from Cairo s landscape, making the infrequent exceptions worthy of interest. Past the elaborate cast iron gate, a front courtyard features several large sculptures. Originally, however, the building was not planned to promote cultural exchanges. Built as a luxurious European-style mansion, it was intended as the elegant residence of a young man of the Egyptian aristocracy and the woman he loved.