Egypt

August 29, 2001

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Market performance was mixed on Monday, August 27, with a slow start that gained momentum later in the day, only to fade out once again in the last half-hour of official daily trading. However the mar

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Recently published statistics by Egypt's Ministry of Petroleum reveal that the nation's petroleum consumption between July 2000 and May 2001 stood at 20.4 million tons.

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The value of the American direct investments in Egypt increased to $2.735 billion in 2000, up from $2.190 billion in the previous year of 1999.

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Recently published statistics by Egypt’s Ministry of Petroleum reveal that the nation’s petroleum consumption between July 2000 and May 2001 stood at 20.4 million tons.

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Egyptian authorities recently announced that all remaining shares of companies to be privatized would be sold in the near future.

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Head of the Egyptian Investment and Free Zones Public Authority recently stated that Egypt needs $6 billion worth of direct investment per annum in order to achieve a six percent annual growth rate.

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The Economist Intelligence Unit maintained in a recent report that Egypt’s economic growth would be impeded if a well-trained workforce does not emerge in the near future.

August 28, 2001

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Informed sources in Washington say President George W. Bush has succeeded in aborting attempts in Congress to slash US military aid to Egypt by $100 m

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Egypt’s prosecutor general decided Monday to detain two journalists working for the scandal-haunted Al Nabaa tabloid, charging them with inciting riot

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Egyptian Minister of Health Ismael Sallam has issued a resolution banning the importation of the peanut butter manufactured in Britain.

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Egypt’s Zamalek has frozen a deal to sell its star, Tareq Said, to Anderlecht, because the Belgian club has not fulfilled its financial commitments.

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Lebanese Prime Minister Rafiq Hariri said Monday that Beirut’s relations with Cairo had significantly improved, although they remained short of expect

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Egypt’s Ahli defeated Qatar’s Arabi 4-2 in the Moqawiloon friendly soccer tournament. Ismaili beat Dina 3-0.

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The Egyptian Sep 14 Super Cup match will be held between Zamalek and Ghazal Mahilla, instead of Ahli, which decided not to take part due to heavy Afri

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Egyptian President Hosni Mubarak and Sultan Qaboos of Oman discussed on Monday the latest developments in the occupied Palestinian territories in the