February 13, 2001
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.
Mutual funds ended last week, February 8, outperforming the PAMI, inching down 0.7 percent while the PAMI fell 2.69 percent to 7,737.7. Eighteen funds ended the week in the red, while 3 only made week
February 11, 2001
Egypt's Prime Minister Atef Ebeid said that President Hosni Mubarak’s upcoming visit to Italy next week aims at fostering joint cooperation in the fie
Egypt will be represented at Cannes film festival, which will be held next May, by the film “Sadat Days.”
Orascom Hotel Holdings -OHH (ORHC.CA) held its extraordinary general assembly on February 6, which approved a capital increase of a maximum of LE700 million. OHH will use the proceeds to acquire Orasc
The Central Bank of Egypt announced the acceptable bids for its 182-day T-Bill auction, from which 49 out of 60 bids were accepted with a total face value of LE508.175 million. The annual interest rat
February 10, 2001
In October 2000, Egyptian singing star Hakim released the long-awaited Yaho in the United States on Mondo Melodia Records. Already a massive success in the Middle East, the album sold over 1 million c
February 8, 2001
The film story is based on a real life story derived from the archives of the Anti Drug Trafficking Department. Ahmad Al Sabaawi, the film producer, eventually decided to name the film “Ashghal Shak
On Wednesday, February 7, the market got off to a slow start due to early profit taking in the cement sector. However, by the end of the session many cement shares had ended higher.