September 14, 2000
Investment in a huge resort in Egypt's Marsa Alam area could hit $1.8-$2.2 billion, according to a senior official associated with the project, quoted
An Islamist leader was sentenced to 15 years hard labor for threatening Egypt's stability and for violating Islam by marrying three sisters.
Yusra’s most recent movie has worked up a storm within the Arab world. The film takes on sensitive political issues AND Yusra is a mom!
Although the administration of the Alexandria Film Festival had voiced reservations about opening the event with ‘Tea With Mussolini,’ the movie was p
Oriental Weavers achieved a noticeable increase in profits during the first six month of FY 2000. Net profits reached LE 61.39 million compared to LE 56.44 million during the same period of the previ
Safwa Index went down by 5.60 points or -1.68 percent to reach 327.24 points as compared to 332.84 points.
New legislation is being drafted to loosen control of Egypt's telecommunications sector as the market anticipates a forthcoming offering of a 20-percent stake in the national fixed-line telephone mono
The Social Fund for Development, (SFD), has signed an agreement with the US Small Business Administration, (SBA), intended to support small and medium-sized enterprises, (SMEs).
The latest quarterly report, "Privatization in Egypt," echoes recent criticisms by economists and stock market analysts about the slow pace of selling off state-owned concerns.
One of Egypt's oldest industries, textiles is the country's largest manufacturing sector after food processing. Textiles and apparel exports generate $800 million annually and constitute one-fifth of
Orascom Hotels Holding Company, Egypt's largest private hotel company, is to raise LE200 million in a bond and share issue. The plan replaces the company's earlier intention to raise between $80 milli
Over 150 hotels in Cairo have completed their preparations towards the upcoming tourism season in the city to absorb foreign and Arab tourists expected to fill their rooms.
The number of tourists visiting Egypt in the first half of the year rose by 11 percent over the same period last year, confirming that the tourism is recovering from the 1997 Luxor massacre.
September 13, 2000
Egypt's ruling party, National Democratic Party, accused in the past of ignoring minorities and women, says it will field at least two Coptic Christia
Making way for an ever-expanding population, Cairo authorities have begun moving thousands of graves from the City of the Dead, whose tombs shelter ma