Egypt

December 28, 2000

02:00 GMT

Seven people died Thursday when a shared taxi and a truck collided on an Upper Egypt highway.

December 27, 2000

02:00 GMT

Dublin International Petroleum (Egypt) Ltd. discovered oil in the Hana-8 well onshore Egypt. The well penetrated 40 feet of net pay in the Kareemoil reservoir.

02:00 GMT

Three Arab companies are to buy Sainsbury\'s shares in the supermarket chain launched by the British retailer in Egypt last January.

02:00 GMT

The Egyptian Tourism Ministry hopes that the coming New Year celebrations will bring up the number of nights spent by tourists in Egypt to as high as 35 million.

02:00 GMT

Orascom Telecom (OT) is currently bidding for one of four GSM licenses in Nigeria. However, Nigeria’s fixed carrier NITEL is expected to win one of these licenses, leaving three open for competitive b

02:00 GMT

Egyptian Prime Minister Atef Ebeid announced that domestic debt is within safe levels, equivalent to 54 percent of Egypt’s GDP, and poses no serious risk to the local economy.

02:00 GMT

Three Arab companies are to buy Sainsbury's shares in the supermarket chain launched by the British retailer in Egypt last January, state-owned weekly </>Al-Mussawar</I> said Tuesday, December 26.

02:00 GMT

The third summit of the Group of Eight Islamic Developing Countries (D-8) will be held in Cairo on February 25, 2001. For the first time, a forum for businessmen from the eight member countries will b

02:00 GMT

On Monday, December 25, the CASE gained some ground as investors were attracted by lower prices. The telecom sector rose on low volumes with Mobinil (EMOB.CA) advancing a modest 1.77 percent and Orasc

December 26, 2000

02:00 GMT

Three Arab companies are to buy Sainsbury\'s shares in the supermarket chain launched by the British retailer in Egypt last January.

02:00 GMT

Credit International D’Egypte – CIE (CIEB.CA) posted 9-month FY2000 results ending September, in which net income declined 16.5 percent to LE16.7 million compared to LE20 million in 9-month FY99. Net

02:00 GMT

On Sunday, December 24, the CASE continued slipping on thin trading. The telecom sector was hammered with Mobinil (EMOB.CA) losing more than 3 percent and Orascom Telecom (ORTE.CA) trading limit down

02:00 GMT

Egypt\'s minister of health and the head of the Egyptian Doctor’s Syndicate have said that they plan to fight a merger involving seven private hospitals, which has been negotiated and funded by a fore

December 25, 2000

02:00 GMT

Egypt is to build a $255 million airport at Ras Sidr in northwest Sinai as part of a series of airport projects to meet growing demand, mainly from th

02:00 GMT

Egypt has agreed to supply Jordan with natural gas for domestic use and possibly to re-export to the Palestinian territories