February 14, 2001
Centurion Energy International Inc., Calgary, plans to bring its El Wastani field on the El Manzala concession in Egypt on stream midyear.
Pan-African Internet Service Provider, Africa Online, has extended its operations into North Africa by acquiring MenaNet Communications, the second la
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
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
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
Spanish Prime Minister Jose Maria Aznar and his Egyptian counterpart Atef Ebeid held in Cairo Monday bilateral talks and signed two agreements, one co
The Egyptian singer Ali Al Hajjar has decided to sing for the first time in his long singing career in the Gulf accent. He will sing two songs, the first composed by Abdulla Al Ruwaished
The Internet and e-mail provider Africa Online has bought the Egyptian ISP MenaNet Communications SAE for $8.7 million, firms involved in the deal said Monday, February 12.
Cairo Housing & Development (ELKA.CA) held its extraordinary general assembly yesterday, February 11, which approved the merger of New Cairo Housing & Development into ELKA. Following the merg
On Sunday, February 11, the market continued to drift lower in spite of hyper-inflated volumes.
February 12, 2001
A field study carried out by a number of Pharmaceutical companies and senior pharmacists in Egypt has revealed that 7.5 billion Egyptian pounds ($1.9b
The health of the renowned Egyptian film director Yousef Shahin has stabilized. Shahin left Cairo for Paris last week seeking treatment after he had a heart attack while celebrating his 75th birthday
Royal Dutch Shell is about to complete its second well in the Northeastern Mediterranean (NEMED) offshore deepwater block, MEES understands.
According to Al -Alam Al-Youm newspaper, the Algerian government plans to offer GSM cellular network licenses in May 2001. It is worth noting that Orascom Telecom –OT (ORTE.CA) announced previously th
On Thursday, February 8, the market stabilized with a slight downward bias. In the tourism sector, Orascom Hotel Holdings – OHH (ORHC.CA) continued its upward trend, rising nearly 4.74 percent to LE7.