January 23, 2001
A $100 million deal involving the Egypt’s Noor Advanced Technologies, Cisco Systems and the NCR Corporation will turn Noor into one of the Middle East’s largest Internet service providers.
Apache Corporation (NYSE: APA) today announced the acquisition of substantially all of Repsol YPF's oil and gas concession interests in the Arab Republic of Egypt for US$410 million, effective Jan. 1,
Orascom Telecom –OT (ORTE.CA) announced that its subsidiary SyriaTel was awarded a $20 million BOT agreements for a GSM 900MHz network in Syria. On another note, OT was unsuccessful in the bid to acqu
On Sunday, January 21, the market was flat on low volumes. Over half of the trading on the CASE was taken up by Lakah Group (HCFI.CA) which rose 1.57 percent on news of Lakah winning a LE122 million c
Egypt\'s Chambers of Commerce Federation avoided confrontation when \"indefinitely\" delaying the 2nd Euromed ArchiMedes meeting scheduled to be held in Cairo on January 22-23. The situation arose fro
January 22, 2001
Soft drink and snack food giant PepsiCo recently said it would form a joint venture in Egypt between its Egyptian salty snack provider Tasty Foods and Chipsy, the current market leader in the country.
Israel criticized Egypt Sunday for refusing to let the Jewish state take part in a Euro-Mediterranean conference of chambers of commerce, saying that as a result the meeting will happen \"in another p
Last week mutual funds outperformed the PAMI, inching down 0.94 percent versus the PAMI's slip of 4.32 percent. Only three local funds made week-on-week gains. AMEX Second Fund led the week’s gainers
Egypt's United Networks Mobile Limited did not acquire one of the three licenses offered for mobile networks in Nigeria. The bidding heated up, having started from the initial price of $100 million to
On Thursday, January 18, the market finished the week on low volumes with price declines across the board. Telecoms led the market lower, as local GSM operator MobiNiL (EMOB.CA) was off 0.76 percent t
January 21, 2001
Saudi billionaire Prince Al Walid Bin Talal has said that he is willing to invest $500 million in the Toshka agricultural project in the Egyp, dismiss
Pakistani military ruler, General Pervez Musharraf, will pay a two-day official visit to Egypt on February 24.
The discovery of the Valley of the Golden Mummies in the Giza Pyramids area has ended the monopolization of foreign achaeologists and their discoverie
Sherihan is to star again in the popular and famous Ramadan television show ‘Fawazir’
Egyptian Transportation Minister recently stated that the ministry is prepared to renew the first metro line in Egypt, which is now 13-years old.