Egypt

August 19, 2001

03:00 GMT

Egyptian singer Mohammed Munir is preparing to shoot his new basketball-influenced film, 24 Seconds, scripted by Abdel Fattah Al Biltaji and directed by Saad Hindawi

03:00 GMT

Egyptian singer Amr Diab has suddenly found himself accused by a young singer, Sharif Hamdi, of ripping off his new song Wala A’la Baloh (Not in His Mind).

03:00 GMT

Land rental rates in the Damietta and Ismailia free zones will drop by 50 percent, for investment projects which export at least 50 percent of their output to foreign markets.

03:00 GMT

As part of the Egyptian government’s effort to support the Palestinian Intifada, authorities will provide $11,778 to the Palestinian Chambers of Commerce, Agriculture and Industry.

03:00 GMT

A senior economic source recently stated that Egypt’s exchange markets are currently stabilizing, following last week’s implementation of new official currency exchange rates.

03:00 GMT

Recent statistics reveal that presently the number of companies registered in Egypt’s free trade zones under the national investment law stands at 851 companies.

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 looking for partners

August 18, 2001

03:00 GMT

The commander in chief of the US Central Command for the Middle East, Gen. Tommy R. Franks, met Saturday with Egypt's Defense Minister Mohammed Hussei

03:00 GMT

A recent interview with Egyptian President Hosni Mubarak has had its desired effect on the Israelis, according to the Jewish state's foreign minister,

03:00 GMT

Two Egyptians and three Lebanese allegedly involved in forging work permits have been arrested by the Egyptian authorities.

03:00 GMT

Egypt’s Zamalek has added former Ahli striker, Ghanian Ahmad Felix, to its team after paying his Liberty Club $150,000. Felix got a $100,000 deal for

03:00 GMT

The new US ambassador to Egypt, David Welch, arrived in Cairo Friday to take up his post, replacing Daniel Kurtzer who has moved on to Tel Aviv.

03:00 GMT

Egyptian young athletes have snatched two more gold medals in Africa’s Youth Champinship. The achievemnt was made in women’s pole vault and javelin.

03:00 GMT

The German distribution company, Metro AG, has announced it will invest $90 million in Egypt's wholesale markets.

03:00 GMT

The US investments in Egypt increased by 25 percent last year, reaching $2.735 billion.