Egypt

May 10, 2001

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

03:00 GMT

Renowned Egyptian actress Amina Rizq has recovered from a broken leg and reappeared on the set of a series to be screened next Ramadan, “Assirah Al Hilaliyyah.”

03:00 GMT

The movie “Iben Mawt” (Son of Death), directed by Kamel Al Qalyoubi, has hit a film industry record for actresses refusing roles, apparently because of a rape scene,

03:00 GMT

The effort to private Telecom Egypt, the country’s national telecom company, progressed one step further last week, as Merrill Lynch and Commercial International Bank were provided a mandate to sell a

03:00 GMT

The US-based United Defense has been awarded a $21.8-million contract to co-produce 13 improved recovery vehicles—HERCULES—for the Egyptian Army’s land forces.

03:00 GMT

Revenues from Suez Canal traffic rose during the July 2000-February 2001 period, from $124 billion during the corresponding period a year earlier, to $1.30 billion.