Egypt

May 10, 2001

03:00 GMT

The Egyptian minister of communication and information praised the a new Egyptian-British joint initiative to set up an information technology (IT) headquarters in London.

03:00 GMT

On Tuesday, May 8, blue chips dominated trading pushing ahead in light of the MSCI inclusion at the end of this month. Market heavyweight MobiNiL (EMOB.CA) advanced 4.08 percent to LE67.39, as asks di

03:00 GMT

The Misr-Iran Development Bank, the Misr International Bank and the Egyptian American Bank have recently offered new long-term investment options in the Egyptian markets.

03:00 GMT

The National Egyptian Tunnels Authority recently concluded the required legal procedures to establish the first Egyptian joint stock company dealing with tunnels.

03:00 GMT

Egyptian Public Business Sector Minister, Mukhtar Khatab, stated that the Egyptian government has no intention of privatizing either the Suez Canal Authority, universities or railways.

03:00 GMT

Local banking sources expect the Egyptian Central Bank to lower the reserve rate from 15 to 10 percent in the near future, reports <I>Al-Sharq Al-Awsat</I> daily.

03:00 GMT

At the beginning of the week, it was reported that the that the Egyptian government has decided to delay the signing of the association agreement with the European Union, which was expected to take pl

May 9, 2001

03:00 GMT

A meeting on the setting up of an Arab free trade area opened proceedings in Rabat this Tuesday, gathering foreign minsters of Jordan, Egypt, Tunisia

03:00 GMT

An advisor to the Egyptian minister of the economy, Mahmoud Mohiddin, has confirmed that Egypt is considering establishing a database on private secto

03:00 GMT

The Federation of Egyptian Chambers of Commerce is proposing the establishment of a pan-Arab bank, an idea which will be reviewed at the Arab economic

03:00 GMT

A Jordanian-Egyptian initiative to halt the bloodshed in the Middle East offers "a real chance" for the peace process, Austrian President Thomas Klest

03:00 GMT

Egypt has acknowledged that President Hosni Mubarak is under pressure from the United States regarding Cairo's alleged missile cooperation with North

03:00 GMT

Sudan’s President Omar Bashir will visit Egypt next Sunday for talks with his Egyptian counterpart on bilateral and regional issues.

03:00 GMT

Egyptian President Hosni Mubarak and his Syrian counterpart Bashar Assad reviewed in a telephone call on Tuesday the latest situation in the Middle Ea

03:00 GMT

The popular Egyptian revolutionary poet Ahmed Fouad Negm will be making a cameo in the film “Shabab Alal Hawaa.” The film stars Hanan Turk, is set for release this summer