March 8, 2001
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
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
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
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
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.
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
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
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
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
In an effort to counter the increasing popularity of international satellite channels, Egypt's Minister of Information Safwat Al Sharif at announced o
The Egyptian Company for Mobile Services, MobiNil, and AA-Technologies jointly hosted a two-day GSM Arab World Meeting, held in Cairo on February 19th
Hani Shaker, has produced a new song dedicated to the recent Palestinian uprising and, in particular, to the memory of 12-year-old victim Mohammed Al-Durra.
the French Cultural Center premiered al-Madina, a film directed by Yousri Nasrallah in 1999. It isn’t his most recent work, but it’s still new to Beirut
The renowned Egyptian star, Faten Hamama, will participate in a documentary program produced by the international committee of the Red Cross in Cairo.
Egypt's Al-Ahram Beverages Company (ABC) said Wednesday, February 28, it was becoming the country's sole beer and wine producer with an agreement to buy 100 percent of the shares of rival El-Gouna Bev