Egypt

February 22, 2001

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Ever since it became known that Egyptian Foreign Minister Amr Moussa was slated to become the next secretary general of the Arab League, speculation h

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Two Egyptians were jailed Wednesday in Cairo for setting up a gay website.

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Shareholder businessmen in the Egyptian channel “ Al Mihwar” have chosen the Lebanese artist Madeline Tabar to supervise the channel programs. It is anticipated that Madeline will assume the post of c

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Amereya Cement (AMRI.CA) will hold its ordinary and extraordinary general assemblies on March 8 to approve FY2000 financial statements and the distribution of profits.   Alexandria Flour Mills (AFMC.C

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On Tuesday, February 20, the market posted healthy gains, as telecoms appeared poised for a rebound after last week’s drubbing. Prices had been crawling downward all of last week to attractive levels,

February 21, 2001

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Egypt is not considering sending back its ambassador to Tel Aviv because of the Jewish state’s continued aggression against the Palestinians.

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The film director Issam Al Shamma’ has chosen the young star Abeer Sabri to star in his new serial “A Man in Time of Globalization” which is considered the first TV serial about this issue

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Yahya Al Fakhrani is not an ordinary star by any standards. He is a human being with a big sense of humor

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The crowded capital of Cairo looks forward toward an expanded subway after a French firm and the Egyptian authorities signed a deal to study how to lay the first stretch of a third line.

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On Monday, February 19, the market crept upwards, as prices had dipped to attractive levels, encouraging investors to extend their participation in the market.

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Orascom Construction Industries –OCI (OCIC.CA) announced FY2000 results ending December. Net profit after minority interest and inter-companies elimination grew 46.9 percent to LE279.1 million compare

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Egypt is prepared to provide technical assistance to the Palestinians to develop newly discovered natural gas fields off the Gaza Strip shore, Oil Minister Sameh Fahmi said Tuesday.

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Continuing its growth story, Orascom Construction Industries –OCI (OCIC.CA) released FY2000 results ending December, in which consolidated net income jumped 46.5 percent to LE279.1 million (13.8 perce

February 20, 2001

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The free trade agreement between Iraq and Egypt, which calls for the end to all customs barriers between the two countries, is now in force, Iraqi Trade Minister Mohammad Mahdi Al-Saleh stressed Monda

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Egyptian British Bank –EBB (EBBK.CA) announced FY2000 results ending December, in which NAI rose 18.1 percent to LE56.3 million compared to LE47.6 million in FY99. Net interest income increased 22.7 p