Egypt

January 18, 2001

02:00 GMT

Egypt’s President Hosni Mubarak recently reviewed the future strategy and vision of the Egyptian airports authority at a meeting he held with the Egyptian PM and the Transportation Minister.

January 17, 2001

02:00 GMT

By Nigel Thorpe Chief of the English Copy Desk - AlBawaba   UNESCO quotes Egyptian authorities on its website (www.unesco.org/webworld) as saying \

02:00 GMT

The British Sainsbury’s Corporation recently reported that it is continuing their evaluation of the future of Sainsbury’s-Egypt Company, and therefore, until now, no final decision has been made regar

02:00 GMT

For the first time in Egypt’s history, the tourism sector has earned the title of the country’s largest generator of foreign currency, except oil exports. Incoming tourism provided revenues totaling $

02:00 GMT

Egypt’s IT sector looks pumped for growth, with 592-million Egyptian pounds worth of investments in both hardware and software during the in the first 11 months of 2000, compared to EP 290 million in

02:00 GMT

The African Development Bank has decided to invest $1.67 billion in Egypt over the coming three years — of which $563 million will be allocated to financing projects in both the private and public sec

02:00 GMT

Vice President Taha Yassin Ramadan, the highest-ranking Iraqi to make an official visit to Egypt since the 1991 Gulf War, flew out on Tuesday headed for Cairo. It was only the third time since UN sanc

02:00 GMT

Kvaerner received a letter of award worth about $30 million from Burullus Gas Company of Egypt for the engineering, manufacture, testing and delivery of a deepwater subsea production system for the Sc

02:00 GMT

On Monday, January 15, the market ended lower in mixed trading and thin volume. The two telecom providers moved in opposite directions, as local GSM operator MobiNiL (EMOB.CA) rose 0.24 percent to LE7

02:00 GMT

Orascom Telecom-OT announced in its press conference, held Monday January 15 after the market close, that it has paid a total $171 million to acquire Motorola’s stakes in Jordan Mobile Telephone Servi

02:00 GMT

The African Development Bank has decided to invest $1.67 billion in Egypt over the coming three years, reported <I>Elakhbar</I>—of which $563 million will be allocated to financing projects in both th

January 16, 2001

02:00 GMT

Companies operating in Egypt’s textile sector continue to incur heavy losses, although their situation has somewhat moderated.

January 15, 2001

02:00 GMT

In the week ending January 12, mutual funds outperformed the PAMI, inching down 0.1 percent versus the PAMI's slip of 0.21 percent. Eleven local funds made week-on-week gains. Export Development Bank

January 14, 2001

02:00 GMT

The Egyptian cement sector has again become in the spotlight after the government recently revoked a decision to sell part of its stocks to the privat

02:00 GMT

The Administrative Court and the Supreme Administrative Court in Egypt have recently handed down three verdicts prohibiting Egyptians who hold dual ci