Egypt

April 24, 2001

03:00 GMT

On Sunday, April 21, the market remained firm although on depressed volumes of around 2.9 million shares, reflecting investors’ hesitation to venture into the market before confirmation of an upward t

03:00 GMT

Orascom Telecom –OT (ORTE.CA /ORTEq.L) announced FY2000 results ending December, in which consolidated net income inched down 1.8 percent to LE37.3 million compared to LE38.0 million in FY99.  Meanwhi

03:00 GMT

The Egyptian Ministry of Foreign Commerce and Economy has asserted that the recently undertaken measures implemented to regulate the foreign currency exchange market in Egypt has not affected the infl

03:00 GMT

Egypt's mobile phone operator Orascom Telecom (OT) posted 37.3 million Egyptian pounds ($9.7 million) in net profits for the year 2000, down slightly from the previous year, but expanded dramatically

April 23, 2001

03:00 GMT

US intelligence services have attained information regarding plans devised by terror groups to kidnap American soldiers deployed in the Multinational

03:00 GMT

Israel will formally respond in the coming few days to the Egyptian-Jordanian proposal for ending the violent escalation in the Palestinian territorie

03:00 GMT

EgyptAir signed last Thursday an agreement with the Egyptian Company for Mobile Services (Mobinil), according to the agreement, Mobinil will offer an

03:00 GMT

The giant project of connecting the electricity grid between Egypt and Libya will be inaugurated by President Hosni Mubarak and and his counterpart, M

03:00 GMT

A 33-year old Egyptian laborer was sentenced to 25 years in prison with hard labor after being found guilty of murdering his father in cold blood.

03:00 GMT

Hameed al-Shaeery has deliberately refused to work with Amr Diab in his upcoming new album preferring to work with Nawal al-Zoghbi and Mustafa Qamar

03:00 GMT

The Production Sector has decided to translate the episodes of “Bawwabat Al Halawani” (Halawani Gateway) episodes into French and English

03:00 GMT

The Egyptian singer Mohammed Fuad has recently started shooting the first scenes of his movie “Rihlet Hobb” (Love Journey).

03:00 GMT

MobiNil, the Egyptian company for mobile services, has reported that its active subscriber base grew by 250,000 during the first quarter of 2001, currently standing at 1.466 million.

03:00 GMT

Apart from the political track of Mubarak’s trip to Germany this week, one of the main subjects on the table will be boosting German-Egyptian economic ties. At first it seemed that Mubarak’s visit wou

03:00 GMT

The Egyptian government has recently invited private investment, through the build, operate and transfer (BOT) system, to construct new highways throughout Egypt, in accordance with international stan