Egypt

December 20, 2000

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The US ratings agency Standard and Poor\'s has issued a complimentary assessment of the Egyptian economy, noting that a growth rate of 5 percent during the past four years offers foreign investors the

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Egypt’s tourism boom is on the verge of breakdown, a victim of the recent Israeli-Palestinian violence that broke out late September.

December 19, 2000

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Egypt\'s national airline EgyptAir will launch a weekly charter flight to Baghdad after a Muslim holiday celebrated next week.

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Pakistan Mobile Communication –Mobilink (38.7 percent owned by Orascom Telecom —OT (ORTE.CA)) has signed a $26 million network expansion contract with Motorola. Under the terms of the contract, Motoro

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On Sunday, December 17, the market traded downward on lackluster volumes, as US and European investors were away from the market. Stocks shed value across the board—led lower by large-cap stocks. Loca

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The “Anglo Egyptian Corporation,” a British company, has claimed that it is intending to acquire some of the largest private hospitals in Egypt, reported <I>Al-Sharq Al-Awsat</I>. These hotels include

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Cairo had something to celebrate on Earth Day this year: tangible progress toward its goal of reducing pollution in one of the world’s smoggiest capitals.

December 18, 2000

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German Defense Minister Rudolf Scharping said here Monday that Egypt and Germany will sign a deal here on exchanging military documents as part of inc

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Egypt insisted Monday that the Jerusalem mosque compound must remain \"under exclusive Muslim sovereignty,\" on the eve of meetings in Washington aime

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Yusra speaks frankly and freely about the ‘Time of Flowers.’

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Specialists in the Egyptian gold manufacturing industry and markets have asserted that the recent decision to exempt the crude gold imports from customs tax rescued the Egyptian gold manufacturing ind

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The Egyptian Holding Company for Medicine is expected to export medicines worth $2.5 million to Yemen in the upcoming months.

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The Egyptian transportation ministry reported that it is now evaluating five offers from large investment companies to develop a railway ticket reservation system through Internet and telephone.

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Last week mutual funds outperformed the PAMI, closing flat whereas the PAMI dipped 0.24 percent. Local funds’ gainers outnumbered losers 2 to 1. Delta Bank Fund and AMEX First Fund were among the top

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Arab African International Bank (ABBK.CA) quadrupled its net income to US$16.8 million compared to US$4.8 million in its nine-month FY2000 results ending September 2000.   This growth was achieved thr