In a notable development on Thursday, September 12, 2013, most Arab stock markets witnessed gains, led by Abu Dhabi and Egypt. The economic rescue plan, coupled with reductions in interest rates, has significantly increased the attractiveness of the real estate sector. Additionally, the presidency extended the state of emergency for two more months. Ibrahim urged Beblawi to implement a rescue plan for the textile industry. Reports also highlighted that cutting customs duties failed to curb smuggling activities, while the tourism transportation fleet suffered losses of $8 billion over three years. A new head was appointed for the National Authority for Tunnels.
— new from جريدة المال
