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EGYPTIAN STOCK MARKET TAKES A DIVE

The Egyptian stock market tanked yesterday, suffering its biggest fall of the year.
 
The EGX 100 Index fell 4% after Mohammed Morsi, the newly elected president, challenged the country’s generals by calling for the dissolved parliament to reconvene.
 
Egyptians have been spooked at the prospect of more unrest, and international investors are increasingly anxious about the country’s ability to secure an urgently needed US$3 billion loan from the IMF.

Furniture makers reveal hi-tech designs at INDEX
Residents in the UAE and other GCC countries want more functional and innovative furniture and designs for their homes.
Filipinos in Abu Dhabi are getting caught with falsified documents
Philippine Embassy officials in Abu Dhabi are cautioning Filipinos in the capital not to have their documents falsified.
Fake cosmetics seized at Abu Dhabi trade show
Authorities in the capital are cracking down on fake beauty products being sold at a trade show.

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