Egypt

August 22, 2001

03:00 GMT

The team behind a new Egyptian movie, Ashab Wala Business (Friends or Business), has decided to contribute a day’s box office revenues each week to the Palestinian cause.

03:00 GMT

Artists, critics and reporters showed up en masse on Monday to see Yousef Shahin’s new film Sukoot Hansawwar (Quiet, We’ll Shoot) at Cinema Audion in Cairo.

03:00 GMT

The highest Sunni Muslim authority, the Cairo-based Al Azhar, gave the final go-ahead on Tuesday to an unprecedented film on the life of the Islamic prophet Mohammad.

03:00 GMT

After playing unique roles last year in the two television series Souk Al Asr and Al Ferar Minal Hubb, the Egyptian artist Amira Al Aidi has returned to star in the series Al Amira Wal Mamlouk

03:00 GMT

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

03:00 GMT

The European Investment Bank (EIB) recently presented the Egyptian Industrial Development Bank with an offer to cooperate with, and finance certain projects of, Egyptian companies seeking corporate pa

03:00 GMT

Egypt’s decision to raise the price of the dollar against the Egyptian pound has been deemed a success, according to the Governor of Egypt’s Central Bank, Ismail Hassan.

03:00 GMT

On Monday, August 20, lack of news left the market trading sideways as the PAMI index remained early flat at 6,174.1. The telecom sector was split as OT climbed 1.66 percent to LE19.02, whereas MobiNi

03:00 GMT

Recent statistics disclosed by the Misr Hotel company reveal that pre-tax surpluses for the fiscal year 2000/2001 reached about 45.6 million Egyptian pounds ($10.7 million). During the previous year,

03:00 GMT

Recent reports reveal that approximately 60 joint ventures are currently being pursued by various Egyptian holding companies and affiliates previously marked for privatization.

03:00 GMT

At a recent event in his honor in Lebanon, Egyptian ambassador Adel Al-Khudary stated that bilateral cooperation between Lebanon and Egypt was on the rise.

03:00 GMT

Egypt’s Prime Minister Atef Obeid recently announced that Egypt’s overall debts currently stand at $61 billion. Of this amount, Egypt’s foreign debts amount to $25 billion, while the value of internal

03:00 GMT

Egyptian Prime Minister Atef Obeid recently denied the existence of corruption and fraud in the local banking sector. Obeid asserted that the national banking sector is highly professional and is subj

August 21, 2001

03:00 GMT

Arab foreign ministers have begun arriving in Cairo for an urgent Arab League meeting on Wednesday to discuss increasingly aggressive Israeli tactics

03:00 GMT

Egypt’s strife-ridden opposition Labor Party on Monday appeared to be headed for an internal reconciliation of sorts.