Report: Egypt to top Arab stock markets

The Lebanese newspaper El-Diar expected that the Egyptian Stock Market is to record the best performance among markets of the Arab states during the current week as a result of expected jumps in the prices of many major Egyptian corporations' shares.

In its economic analysis today, the newspaper quoted financial analysts in Beirut as saying that Egypt will continue its supremacy among the regional markets, with expectations that the shares of the Egyptian company for mobile phone service, Mobinil, may continue its rise.

Analysts considered the quietness of the Egyptian market last Sunday as a breather before is continues its rise with more vigor.