Egypt

May 23, 2001

03:00 GMT

Samir Ghanem, famous for his sidesplitting roles in comedies, is preparing a new play, Lusus Walaken Ulama (Thieves, But Also Scientists),

03:00 GMT

CAIRO, (Reuters) - Egyptian stocks ended firmer in slow trade on Tuesday, May 22, driven mainly by technical factors, traders said. "Helwan Cement had a technical bounce. It had fallen 20 percent so h

03:00 GMT

CAIRO, (Reuters) - The median overnight interbank rate on Egypt's pound dipped to 11 percent on Monday, May 21, from 11-3/8 percent on Sunday in a liquid to moderate market, bankers said.  They said t

03:00 GMT

Due to deteriorating security conditions along the Ivory Coast, the African Development Bank has decided to transfer it’s headquarters from the region, reports London based <I>Al-Hayat</I>.

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Egyptian Minister of Social Affairs Amina Al-Gondi estimates the total investments by the Nasser Social Bank at EP1.7 billion, according to <I>Al-Ahram</I> daily.

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Egyptian Minister of Petroleum Sameh Fahmi met with the Saudi Minister of Petroleum and Mineral Resources Ali Al- Nuaymeh while on a recent visit to Saudi Arabia.

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The Egyptian parliament has given its approval for new taxes to be imposed on wholesalers and retailers under the final phases of a sales tax law despite opposition criticism, parliamentary sources sa

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The chairman of state-owned EgyptAir said on Tuesday, May 22, he had discussed a $160 million loan from a New York bank to buy two Boeing 777 aircraft.  "I explored with a New York bank delegation a l

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The Washington-based International Finance Corporation (IFC) has announced that it will be increasing its investments in Egypt to LE 1.8 billion ($470 million) over the course of the coming year.

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Egyptian Minister of Environment recently announced that a recycling plant for solid waste is being constructed in the city of Ras Al-Barr.

May 22, 2001

03:00 GMT

Members of the Egyptian People's Assembly stood in silence in protest against the US position on Israeli attacks against the Palestinian people, and c

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Bahraini Crown Prince Sheikh Salman bin Hamad Al Khalifa will hold talks Tuesday with Egyptian President Hosni Mubarak on bilateral relations.

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The Teheran City Council has agreed to start a debate on possible new names for a street in the Iranian capital which has been a long-running point of

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The sixth summit of the Common Market for Southern and Eastern Africa (COMESA) is due to open in Cairo Tuesday.

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The United States said on Monday it was deeply troubled that an Egyptian court had sentenced a prominent Egyptian-American activist to seven years in