Business Day Live Egypt tops Ashburton's list of African markets ASHBURTON Investments, the fund management unit of Africa's largest bank by market value, has reduced its holdings in Morocco and considers Commercial International Bank Egypt SAE the continent's most attractive stock. The Egyptian bank is favoured by Ashburton because "it's ready to start lending to the commercial sector as infrastructure grows — it has lots of liquidity", Paul Clark, head of Africa equities at the money manager, said on Friday in an interview at the World Economic Forum on Africa in Cape Town. Read more at: http://www.bdlive.co.za/africa/africanbusiness/2015/06/08/egypt-tops-ashburtons-list-of-african-markets The Economic Times Egypt holds potential for Indian auto component industry, says ACMA An apex body representing India's auto component industry has said Egypt holds a lot of potential growing opportunities to collaborate and it is looking forward to a long standing engagement with the country. The Automotive Component Manufacturers Association of India (ACMA) organised a two-day buyers-sellers meeting on at the Marriot Hotel here. Read more at: http://economictimes.indiatimes.com/articleshow/47592099.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Press TV 1 Egyptian soldier killed, 5 wounded in two Sinai militant attacks An Egyptian soldier has died and five others have been wounded in two separate militant attacks on the restive Sinai Peninsula. Security officials said the attacks both took place on Monday in the troubled northern part of the pennisula. In the first attack, militants attacked a military checkpoint, firing several mortar shells near the town of Sheikh Zuweyid. One soldier was killed and another wounded. Read more at: http://www.presstv.ir/Detail/2015/06/08/414906/Egypt-Sinai-Africa-Asia
