Egypt

May 6, 2001

03:00 GMT

The Saudi Bakshan Group has recently inaugurated a new hotel in Sharm Al-Shaikh in cooperation with Egyptian investors.

03:00 GMT

Addressing the third Graduates Employment Symposium, the Egyptian minister of labor and immigration, Ahmed Amawy, revealed that 1.5 million Egyptians are presently unemployed.

03:00 GMT

Egypt has postponed the signing of a long-awaited association agreement with the European Union to June from May, newspapers and diplomats said on Sunday, May 6. Local newspapers quoted Prime Minister

03:00 GMT

Israel’s exports to Arab countries in the first quarter of 2001 jumped nine percent, compared with Q1 last year. According to the Israeli press, exports to Arab nations hit $33.45 million this quarter

03:00 GMT

Egypt is intent on being considered home to a modern, stable and dynamic economy. Therefore it will do all that it can to eliminate any elements of political uncertainty. However, The course of events

03:00 GMT

The Ministry of Finance announced a 91-day T-bill auction with a total face value of LE500 million. The issue date was May 3 and the maturity date is August 2. The final date for bids was May 2.   The

03:00 GMT

The CASE rose modestly this week as most shares traded sideways with no definite direction, partially because of the Labor Day holiday which paused trading in the middle of the week. The cement sector

May 5, 2001

03:00 GMT

Palestinian President Yasser Arafat called for a “second Sharm summit” on ending the escalating situation in the Palestinian territories.

03:00 GMT

Head of the Egyptian Press Association, Ibrahim Nafe’, and the secretary general of the syndicate, Yehya Qalash, have appealed to the Prosecutor Gener

03:00 GMT

Egypt continues to receive US aid for a project to co-produce a military heavy-lift system, said Middle East Newsline on Saturday.

03:00 GMT

Mad cow disease might have reached the Arab world, but there is no hard evidence of it yet, a senior official of the Food and Agriculture Organization

03:00 GMT

Three Egyptians were killed Friday and 13 others were injured in Cairo when a bus collided with a taxi.

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Egyptian President Hosni Mubarak, Palestinian President Yasser Arafat and Jordan’s King Abdullah will hold a meeting Saturday in Sharm El Sheikh to di

03:00 GMT

The famous Egyptian dancer Fifi Abdo has announced that she has quit dancing in nightclubs and public places but she will not object to dancing on stage in any of her plays

03:00 GMT

Egyptian censors have recently approved the screening of the short narrative film “Lee…Lee,” which is based on a novel by prominent Egyptian writer Yousef Idris.