February 18, 2001
Central Bank of Egypt Governor Ismail Hassan announced that the exchange rate remains at LE3.85/$1 with a permitted fluctuation of one percent while pointing out that no changes were introduced to the
This week, ending February 16, the market was somewhat bearish in light of a lack of substantiated market developments. Instead, MSCI exclusion rumors abounded accompanied by regional political tensio
February 17, 2001
Egyptian Foreign Minister Amr Moussa arrived Friday in Algeria on a two-day visit during which he will hold talks with Algerian officials and attend t
February 15, 2001
Yemen and Egypt have agreed on nominating Egyptian Foreign Minister Amr Moussa for the post of the Arab League secretary general.
Egypt’s petroleum minister, Sameh Fahmi, has described as "groundless" reports suggesting that Egypt had signed a $3 billion deal to supply Israel with natural gas.
National Societe Generale Bank (NSGB.CA) held its ordinary and extraordinary general assemblies yesterday, which approved FY2000 results and distribution of a cash dividend of LE1.00/share. Distributi
On Tuesday, February 13, the market remained stable, although a slight downward bias persists. Profit taking returned to the Egyptian bourse, as investors focused on short-term gains on major large-ca
February 14, 2001
Centurion Energy International Inc., Calgary, plans to bring its El Wastani field on the El Manzala concession in Egypt on stream midyear.
Pan-African Internet Service Provider, Africa Online, has extended its operations into North Africa by acquiring MenaNet Communications, the second la
Alexandria National Iron & Steel -ANSDK (IRAX.CA) will hold its extraordinary general assembly on March 1 to amend the last EGA’s decision to increase capital. According to Al-Alam Al-Youm newspap
On Monday, February 12, the market was stable with only slight downward pressure. Telecoms came back into focus following an <I>Al-Alam Al-Youm</I> newspaper report valuing Misrfone – Click GSM at LE1
February 13, 2001
Egypt’s Al Azhar have received on Monday a donation of $5 million from Sheikh Maktoum bin Rashid Al Maktoum, UAE’s Vice President, prime minister and
Spanish Prime Minister Jose Maria Aznar and his Egyptian counterpart Atef Ebeid held in Cairo Monday bilateral talks and signed two agreements, one co
The Egyptian singer Ali Al Hajjar has decided to sing for the first time in his long singing career in the Gulf accent. He will sing two songs, the first composed by Abdulla Al Ruwaished
The Internet and e-mail provider Africa Online has bought the Egyptian ISP MenaNet Communications SAE for $8.7 million, firms involved in the deal said Monday, February 12.