Egypt

December 10, 2000

02:00 GMT

Orbit Satellite Network’s 6th Music Festival will host a colorful array of the Arab world’s best singers. The 4-day event will also honor its best.

02:00 GMT

Egypt has recently signed a contract with a Canadian company to prepare the feasibility study for the Alexandria Metro Project.

02:00 GMT

Egypt has begun modernizing its Mediterranean port at Alexandria with a series of projects costing around $250 million to attract tourists and increase capacity, the transport minister said Saturday.

02:00 GMT

The Secretary General of the Arab Engineers Association revealed that the number of the available engineers in the Arab World presently amounts to 600,000, of which 250,000 are Egyptians.

02:00 GMT

British retailer Sainsbury's, which opened its first supermarkets in Egypt last January, has decided to pull out of the Egyptian market and sell its shares to an Egyptian investor, the state-owned dai

December 9, 2000

02:00 GMT

Mahmoud Abdul Aziz brings reality into the acting world. He chose a mentally challenged young man to play exactly that!

02:00 GMT

This year’s Ramadan includes a hectic schedule for Egyptian megastar Nour El Sharif.

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Respected Egyptian actor Izzat Aleily is demanding that his series be placed on prime time…

December 8, 2000

02:00 GMT

Libya released 26 Egyptian fishermen, who had been detained for more than a month after their boats had strayed into Libyan waters.

02:00 GMT

Taiwan and Egypt will exchange ambassadors this year in the first diplomatic breakthrough since the two countries severed official ties 44 years ago.

December 7, 2000

02:00 GMT

A US national who tried to leave Egypt with the sandstone head of an ancient Egyptian pharoah Wednesday night was ordered not to travel abroad pending

02:00 GMT

On Tuesday the market stabilized with many sectors ending mixed. Telecoms were led by MobiNiL, which edged up 1.15 percent to LE79.44 while Orascom Telecom –OT dipped 0.57 percent to close at LE59.42.

02:00 GMT

Telecom Egypt –TE (ETEL.CA) announced that it has signed an agreement with SOFISAT to install 200,000 fixed lines via satellite links on a BOT basis. The agreement will last 25 years, while the grid w

02:00 GMT

On Sunday, December 4, the Egyptian market dropped sharply, as large-cap stocks dominated the trading session. Local telecom provider Mo-biNiL (EMOB.CA) tumbled 4.36 percent to LE75.96 and Orascom Tel

02:00 GMT

Weekly Performance: Last week mutual funds outperformed the PAMI, ending the week flat versus the PAMI's 0.21 percent dip. Half of the local funds made week-on-week gains. SAIB First Fund led local fu