Egypt

March 11, 2001

02:00 GMT

On Wednesday, March 7, the market witnessed a rebound from its prebairam status. However, low volumes still proved to be dominating the market, as only LE36.3 million worth of shares exchanged hands.

March 10, 2001

02:00 GMT

The Egyptian series Awan al-Ward is mainly a vehicle for addressing Muslim-Coptic relationships

02:00 GMT

A major characteristic of the high season releases is the near absence of veteran Eid stars, like seductress Nadia al-Guindi, whose colossal failure in Bono Bono

March 9, 2001

02:00 GMT

With “Rasha Garea,” Ashraf is determined not to make the same mistakes of “Ashyak Wad fi Roksi”, his major flop of a few years ago.

March 8, 2001

02:00 GMT

APACHE has announced a number of international management appointments relating to the pending Repsol Egypt acquisition.

02:00 GMT

Suez Cement (SUCE.CA) has invited subscriptions for its 10.1 million share capital increase. Offers are to be submitted through sealed envelopes by interested strategic investors who will then be obli

02:00 GMT

On Thursday, March 1, the market traded on shallow volumes in the absence of market moving developments. LE33.8 million worth of securities exchanged hands, of which LE5.8 million occurred in bond tr

March 7, 2001

02:00 GMT

Economic issues will be high on the agenda during Egyptian President Hosni Mubarak’s visit to the United States in early April.

March 6, 2001

02:00 GMT

The Egyptian government has announced plans to create a new investment zone. According to Egyptian Minister of Housing and Urban Development Ibrahim Soliman, the new area is located on the Cairo-Alexa

02:00 GMT

The Egyptian government will give priority to state-run firms when awarding permits for oil and gas exploration, Oil Minister Sameh Fahmi said in remarks published on Monday.

02:00 GMT

Egyptian shopkeepers, feeling the pinch of a two-year-old recession, are complaining of low sales during festivities to mark this year's Muslim Eid Al-Adha feast — the financial equivalent of the West

02:00 GMT

The Ministry of Finance announced a 91-day T-bill auction with a total face value of LE400 million. The issue date is March 1 and the maturity date is May 31.The final date for bids is February 28. Th

02:00 GMT

ABC announced an agreement to acquire 100 percent of the shares of its local competitor El Gouna Beverages from parent company Orascom for Projects and Touristic Development –OPTD (OPTD.CA) for LE255

March 5, 2001

02:00 GMT

Intel Middle East is planning to launch the Pentium 4 in Egyptian markets at GITEX Cairo. The company declares the P4 chip reduces average Internet download times by a factor of ten.

March 4, 2001

02:00 GMT

In an effort to counter the increasing popularity of international satellite channels, Egypt's Minister of Information Safwat Al Sharif at announced o