Egypt

January 8, 2001

02:00 GMT

In 2000, the 2-year old Euro bottomed, losing some 30 percent of its value. 2001 might restore the now forgotten hopes of a European reserve currency. At home, OT’s IPO went through in 2000 while TE d

02:00 GMT

The Holding Company for Financial Investment –Lakah Group (EGHFI06=CA) (fixed, maturity April 2002) distributed coupon #4 of LE55.45/bond covering the period from July 1 to December 31, 2000 starting

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Last week mutual funds under performed the PAMI, gaining 0.5 percent, whereas the PAMI rose 0.65 percent. Twenty funds were able to end last week on a positive note. SAIB third fund and AMEX first fun

January 7, 2001

02:00 GMT

A Cairo-based Egyptian organization, the Society of Businessmen, has donated two million Egyptian pounds or $514,000 to the Dar-Al-Hanan Society for t

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Egyptian Foreign Minister Amr Moussa is due to visit Sudan, Saudi Arabia and Tunisia this week to discuss both the Arab-Israeli peace process and effo

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Fourteen people were killed and 67 others injured Sunday in two accidents blamed on foggy desert roads near Egypt\'s Suez Canal.

02:00 GMT

A new joint venture, the Spanish-Egyptian Gas Company, will be established soon in the port city of Damietta, reported <I>Xinhua News Agency</I>.

02:00 GMT

Orascom Telecom and France Telecom have acquired Motorola’s 35.3 percent stake in the MobiNiL Telecommunication Consortium. OCI announced the distribution of a 1:4 stock dividend starting January 18.

January 6, 2001

02:00 GMT

The Egyptian police arrested author Salahadinne Mohsen at Cairo Airport on December 23rd while he was trying to leave for Turkey, The Middle East repo

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Recent research conducted by a number of Egyptian scientists at the National Anti-Radiation Agency has claimed that the electro-magnetic waves emitted

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A team of EgyptAir experts is due to arrive in the US Monday to meet local investigators and discuss the report on the airline\'s Boeing 767 which cra

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An Egyptian parliament opposition member has demanded the Egyptian government claim compensation from Israel for slain prisoners of war.

January 4, 2001

02:00 GMT

France Telecom has agreed to buy Motorola\'s stake in MobiNil for $252m in cash, giving it majority control of Egypt\'s largest mobile phone company,

02:00 GMT

A brother of Egyptian President Hosni Mubarak died on Thursday.

02:00 GMT

Orascom Telecom (OT) and France Telecom (FT) have acquired Motorola’s 35.3 percent stake in the MobiNiL Telecommunication Consortium (MTC). The stake was distributed between OT and FT based on each co