Egypt

May 17, 2001

03:00 GMT

On Tuesday, May 15, the new EFA trading system experienced disruptions during its second session, triggering frustration among investors. Volume was very light, only over 2 million shares changed hand

03:00 GMT

The Egyptian Petroleum Public Authority has recently proposed using 32 offshore and onshore zones for oil excavation.

03:00 GMT

Egypt is currently conducting negotiations with the African Development Bank in an effort to acquire a $400 million loan package on favorable terms, reports <I>Al-Hayat</I> daily.

03:00 GMT

The American Merrill Lynch Investment Bank will soon file a lawsuit against one of its former Egyptian employees, according to <I>Al-Quds Al-Arabi</I> daily.

03:00 GMT

National economic indicators recently publicized by Egyptian central bank, show that the country’s trade deficit dropped to $11,474 million during the 1999/2000 fiscal year.

03:00 GMT

An economic cooperation summit of the Common Market For Eastern and Southern Africa (COMESA) will open in Egypt at the end of May.

May 16, 2001

03:00 GMT

Egyptian judicial sources have revealed that 36 alleged members of the banned Muslim Brotherhood were arrested before Shura Council elections on Wedn

03:00 GMT

Syrian President Bashar Al Assad cut short talks with Egyptian President Hosni Mubarak on efforts to end Israeli attacks on Palestinians and left earl

03:00 GMT

Egypt's former foreign minister, Amr Moussa, started his new job as the secretary general of the 22-member Arab League by calling for an urgent meetin

03:00 GMT

The appointment of the former Egyptian ambassador to the US, Ahmad Maher, as the new foreign minister, has received mixed reviews from Egyptian opposi

03:00 GMT

Dozens of Egyptian political activists marched on Tuesday to the offices of the Arab League on the 53rd anniversary of Nakba.

03:00 GMT

Jordanian Foreign Minister Abdel-Ilah Khatib is to send an emissary to his Israeli counterpart Shimon Peres on Wednesday with Jordan's and Egypt's res

03:00 GMT

The first stage of the elections for the Egyptian Shura Council will start Wednesday in eight governorates, where 232 candidates will be contesting 30

03:00 GMT

The movie “Jahim Tahet Al Ard” (Underground Hell), costarring Samir Sabri, Raghda and Kamal Al Shinnawi, will represent Egypt in several international festivals

03:00 GMT

Following the steps of many other singers from the stage to the silver screen, Egyptian singer Hisham Abbas has decided to debut in the movie “Haddoutet Hubb” (Love Story)