Egypt

January 9, 2001

02:00 GMT

Misr Hotels-Hilton (MHOT.CA) will hold its extraordinary and ordinary general assemblies on January 23, to approve the financial statements of its subsidiaries and affiliate companies.  Minister of pu

02:00 GMT

Chipsy for Food Industries (CFIN.CA) and PepsiCo Inc. (NYSE=PEP) have formed a joint venture under the name Chipsy International. The newly formed company includes both CFIN and PEP’s entities in Egyp

January 8, 2001

02:00 GMT

Egypt\'s Culture Minister Faruq Hosni said Monday he ordered three books withdrawn from sale that were deemed indecent, and sacked the official who pu

02:00 GMT

An Egyptian court was due to issue a verdict on Tuesday in the trial of 96 people accused of a bloodbath that claimed the lives of 20 Christians and o

02:00 GMT

The Egyptian public spending included in the draft budget for 2001 has been fixed at 120 billion Egyptian pounds ($30.93 billion)according to Egypt’s Prime Minister Atef Obeid.

02:00 GMT

In 2000, the 2-year old Euro bottomed, losing some 30 percent of its value. 2001 might restore the now forgotten hopes of a European reserve currency. At home, OT’s IPO went through in 2000 while TE d

02:00 GMT

The Holding Company for Financial Investment –Lakah Group (EGHFI06=CA) (fixed, maturity April 2002) distributed coupon #4 of LE55.45/bond covering the period from July 1 to December 31, 2000 starting

02:00 GMT

Last week mutual funds under performed the PAMI, gaining 0.5 percent, whereas the PAMI rose 0.65 percent. Twenty funds were able to end last week on a positive note. SAIB third fund and AMEX first fun

January 7, 2001

02:00 GMT

A Cairo-based Egyptian organization, the Society of Businessmen, has donated two million Egyptian pounds or $514,000 to the Dar-Al-Hanan Society for t

02:00 GMT

Egyptian Foreign Minister Amr Moussa is due to visit Sudan, Saudi Arabia and Tunisia this week to discuss both the Arab-Israeli peace process and effo

02:00 GMT

Fourteen people were killed and 67 others injured Sunday in two accidents blamed on foggy desert roads near Egypt\'s Suez Canal.

02:00 GMT

A new joint venture, the Spanish-Egyptian Gas Company, will be established soon in the port city of Damietta, reported <I>Xinhua News Agency</I>.

02:00 GMT

Orascom Telecom and France Telecom have acquired Motorola’s 35.3 percent stake in the MobiNiL Telecommunication Consortium. OCI announced the distribution of a 1:4 stock dividend starting January 18.

January 6, 2001

02:00 GMT

The Egyptian police arrested author Salahadinne Mohsen at Cairo Airport on December 23rd while he was trying to leave for Turkey, The Middle East repo

02:00 GMT

Recent research conducted by a number of Egyptian scientists at the National Anti-Radiation Agency has claimed that the electro-magnetic waves emitted