Egypt

February 18, 2001

02:00 GMT

Egypt's President Hosni Mubarak starts Sunday a three-day official visit to Italy for talks on bilateral relations, development of the peace process a

02:00 GMT

Egypt and Algeria signed 12 deals Saturday to expand and develop cooperation in various fields.

02:00 GMT

Egyptian Prime Minister Atef Ebeid said Thursday that the country's two-year-old recession was due to excessive bank lending in the three years preceding the downturn.

02:00 GMT

Central Bank of Egypt Governor Ismail Hassan announced that the exchange rate remains at LE3.85/$1 with a permitted fluctuation of one percent while pointing out that no changes were introduced to the

02:00 GMT

This week, ending February 16, the market was somewhat bearish in light of a lack of substantiated market developments. Instead, MSCI exclusion rumors abounded accompanied by regional political tensio

February 17, 2001

02:00 GMT

Egyptian Foreign Minister Amr Moussa arrived Friday in Algeria on a two-day visit during which he will hold talks with Algerian officials and attend t

February 15, 2001

02:00 GMT

Yemen and Egypt have agreed on nominating Egyptian Foreign Minister Amr Moussa for the post of the Arab League secretary general.

02:00 GMT

Egypt’s petroleum minister, Sameh Fahmi, has described as "groundless" reports suggesting that Egypt had signed a $3 billion deal to supply Israel with natural gas.

02:00 GMT

National Societe Generale Bank (NSGB.CA) held its ordinary and extraordinary general assemblies yesterday, which approved FY2000 results and distribution of a cash dividend of LE1.00/share. Distributi

02:00 GMT

On Tuesday, February 13, the market remained stable, although a slight downward bias persists. Profit taking returned to the Egyptian bourse, as investors focused on short-term gains on major large-ca

February 14, 2001

02:00 GMT

Centurion Energy International Inc., Calgary, plans to bring its El Wastani field on the El Manzala concession in Egypt on stream midyear.

02:00 GMT

Pan-African Internet Service Provider, Africa Online, has extended its operations into North Africa by acquiring MenaNet Communications, the second la

02:00 GMT

Alexandria National Iron & Steel -ANSDK (IRAX.CA) will hold its extraordinary general assembly on March 1 to amend the last EGA’s decision to increase capital. According to Al-Alam Al-Youm newspap

02:00 GMT

On Monday, February 12, the market was stable with only slight downward pressure. Telecoms came back into focus following an <I>Al-Alam Al-Youm</I> newspaper report valuing Misrfone – Click GSM at LE1

February 13, 2001

02:00 GMT

Egypt’s Al Azhar have received on Monday a donation of $5 million from Sheikh Maktoum bin Rashid Al Maktoum, UAE’s Vice President, prime minister and