Egypt

August 16, 2001

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Industry sources reveal that negotiations are currently underway regarding the sale of Misr Hotels to a group of Saudi Investors.

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The Egyptian government recently set a controversial license fee at EP 1.975 billion ($475.9 million) for the establishment of the nation’s third mobile network. The contract will allow the Egyptian T

August 15, 2001

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The trial of 52 Egyptian men accused of having gay sex resumed in Cairo Wednesday despite a request for postponement filed by the defense.

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A 30-year dispute over the properties of Mohammad Ali Pasha in his hometown of Kavala in Greece has been resolved, the daily Al Ahram reported on Tues

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Egyptian Defense Minister Mohammed Hussein Tantawi met with his Austrian counterpart Herbert Schaibner in Cairo on Tuesday to discuss regional and int

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Brazilian Sao Paulo and Italy’s Juventos have agreed to play friendly matches against Zamalek in Cairo on September 14 and December 28 respectively.

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Egypt’s Ahli defender Ibrahim Said has finally signed a $1.5m contract with England’s Watford, dismissing rumors that he was moving to Zamalek.

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New York State Deputy District Attorney Marsha Ezakson has arrived in Cairo to a follow up on a case against an American accused of dealing in smuggle

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Egyptian President Hosni Mubarak’s political advisor, Osama Al Baz, arrived Tuesday in Washington to try persuade the US government to step up its inv

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Egypt’s national film this week held a seminar to pay tribute to its grand old man, the head of the Arab Artists Union, Saad Eddin Wahbeh, in recognition of his role in the Cairo Cinema Festival.

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An upcoming Egyptian series deals with international arms sales and their connection with Zionist organizations, as well as the role of the Mafia in inciting sectarianism in certain Arab countries

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Egyptian actor Mahmoud Yasin is gearing up to shoot the new film Awlad Al Shaware’ (Street Boys), in which he will play the same role that the late renowned actor Farid Shawki was supposed to play

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On Monday, August 13, the market ticked higher as the PAMI index advanced 193 points to 6,283. Most big caps rose with the exception of Suez Cement which slipped 0.12 percent to LE34.39.  In the telec

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Industry sources recently revealed that Egypt’s natural liquid gas plant, valued at $200 to $300 million, will begin operations in 2003.

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Egypt’s National Bank recently posted net profits of $14.8 million for the first half of the current year. This figure reflects a 10 percent increase compared to last year’s net profits of $13.4 milli