Egypt

March 21, 2001

02:00 GMT

On Monday, March 19, the market recovered slightly ahead of an expected Fed interest rate cut and upcoming domestic cement sector sales. Torah Cement (TORA.CA) jumped 4.88 percent to LE30.31 while Sue

02:00 GMT

Alexandria National Iron & Steel –ANSDK (IRAX.CA) released 9-month FY2000 results ending September, in which net profit recorded LE15.1 million versus a loss of LE29.7 million in the comparable pe

March 20, 2001

02:00 GMT

Moroccan and Egyptian businessmen signed last week a series of agreements to export to Egypt some Moroccan products and the creation of joint ventures

02:00 GMT

Kazem al-Saher signed recently a contract with the Egyptian International Production City to produce his first movie in which he will sing and act

02:00 GMT

Egyptian actress Elham Shahin is currently undergoing major talks with director Samir Seif to convince him to work on a new movie that tackles the issue of the Lebanese Resistance

02:00 GMT

A regional trade court for 20 nations in eastern and southern Africa held its inaugural session Monday, March 19, creating a new body that will have the power to overturn national laws and court rulin

02:00 GMT

According to Al-Alam Al-Youm newspaper, Suez Cement (SUCE.CA) Chairman Mohamed Dessouki announced that four international investors are currently conducting due diligence before bidding to acquire the

02:00 GMT

On Sunday, March 18, the market declined in reaction to Friday’s NASDAQ plunge. Helwan Cement (HELW.CA) bucked the trend to close 2.17 percent higher at LE41.85 on news that The Holding Company for Me

02:00 GMT

Introduction: As a country with an arid landscape, little rain, and 97 percent desert, Egypt is dependent on the Nile River for its existence. The Greek historian Herodotus (c. 486-425 B.C.) observed

March 19, 2001

02:00 GMT

A delegation from the United States Commission on International Religious Freedom will pay a four-day visit to Egypt on March 20 as part of a regional

02:00 GMT

Forty Egyptian and American businessmen working in Egypt will start their trip called “Doors Ways” to Washington on the 25th of March to discuss Egypt

02:00 GMT

The Egyptian Capital Market Authority (CMA) has embarked on the transformation of its paper archive into an electronic one.

02:00 GMT

Consultation started Monday to choose a successor for the secretary general of the Islamist opposition Labor Party, Adel Hussein, who died last Tuesda

02:00 GMT

For lack of the 50+ quorum, the sub-elections of Egypt’s Bar Association were put off to next Sunday in Cairo.

02:00 GMT

The Egyptian opposition MPs took advantage of the sessions held to respond to the government statement by condemning its policies