Egypt

January 23, 2001

02:00 GMT

On Sunday, January 21, the market was flat on low volumes. Over half of the trading on the CASE was taken up by Lakah Group (HCFI.CA) which rose 1.57 percent on news of Lakah winning a LE122 million c

02:00 GMT

Egypt\'s Chambers of Commerce Federation avoided confrontation when \"indefinitely\" delaying the 2nd Euromed ArchiMedes meeting scheduled to be held in Cairo on January 22-23. The situation arose fro

January 22, 2001

02:00 GMT

Soft drink and snack food giant PepsiCo recently said it would form a joint venture in Egypt between its Egyptian salty snack provider Tasty Foods and Chipsy, the current market leader in the country.

02:00 GMT

Israel criticized Egypt Sunday for refusing to let the Jewish state take part in a Euro-Mediterranean conference of chambers of commerce, saying that as a result the meeting will happen \"in another p

02:00 GMT

Last week mutual funds outperformed the PAMI, inching down 0.94 percent versus the PAMI's slip of 4.32 percent. Only three local funds made week-on-week gains. AMEX Second Fund led the week’s gainers

02:00 GMT

Egypt's United Networks Mobile Limited did not acquire one of the three licenses offered for mobile networks in Nigeria. The bidding heated up, having started from the initial price of $100 million to

02:00 GMT

On Thursday, January 18, the market finished the week on low volumes with price declines across the board. Telecoms led the market lower, as local GSM operator MobiNiL (EMOB.CA) was off 0.76 percent t

January 21, 2001

02:00 GMT

Saudi billionaire Prince Al Walid Bin Talal has said that he is willing to invest $500 million in the Toshka agricultural project in the Egyp, dismiss

02:00 GMT

Pakistani military ruler, General Pervez Musharraf, will pay a two-day official visit to Egypt on February 24.

02:00 GMT

The discovery of the Valley of the Golden Mummies in the Giza Pyramids area has ended the monopolization of foreign achaeologists and their discoverie

02:00 GMT

Sherihan is to star again in the popular and famous Ramadan television show ‘Fawazir’

02:00 GMT

Egyptian Transportation Minister recently stated that the ministry is prepared to renew the first metro line in Egypt, which is now 13-years old.

02:00 GMT

An auction of licenses to operate three mobile phone networks in Nigeria was poised to end Friday as one bidder dropped out and two balked at a price of $295 million a license.

02:00 GMT

Iraq and Egypt signed an agreement in Cairo Thursday to set up a free trade zone, amid growing ties between the two countries despite 10 years of sanctions against Baghdad.

January 18, 2001

02:00 GMT

Iraqi Vice President Taha Yassin Ramadan held talks in Cairo Wednesday with Egyptian President Hosni Mubarak, before the two sides were to sign a deal for a free trade zone.