December 26, 2000
Credit International D’Egypte – CIE (CIEB.CA) posted 9-month FY2000 results ending September, in which net income declined 16.5 percent to LE16.7 million compared to LE20 million in 9-month FY99. Net
On Sunday, December 24, the CASE continued slipping on thin trading. The telecom sector was hammered with Mobinil (EMOB.CA) losing more than 3 percent and Orascom Telecom (ORTE.CA) trading limit down
Egypt\'s minister of health and the head of the Egyptian Doctor’s Syndicate have said that they plan to fight a merger involving seven private hospitals, which has been negotiated and funded by a fore
December 25, 2000
Egypt is to build a $255 million airport at Ras Sidr in northwest Sinai as part of a series of airport projects to meet growing demand, mainly from th
Egypt has agreed to supply Jordan with natural gas for domestic use and possibly to re-export to the Palestinian territories
The annual Jewish pilgrimage to rabbi Yaacov Abu Hatzira\'s tomb, due to start on January 10 in northern Egypt, has been banned by the municipality of
Loula Zaklama, one of the first woman entrepreneurs in the Middle east, founder of two successful companies in Egypt, professionally renowned for her experience and expertise in communications, advert
Orascom Telecom is currently bidding for one of four GSM licenses in Nigeria. The ministerial privatization committee approved on December 19 offering the Holding Company for Mining & Refractories
The Central Bank of Egypt announced the acceptable bids for its 182-day T-Bill auction, from which 55 out of 64 bids were accepted with a total face value of LE601.050 million. The annual interest rat
Bears were decidedly in the driver\'s seat this week, dragging the Cairo & Alexandria Stock Exchange downwards. Most stocks lost ground ending the week in the red.
December 24, 2000
According to a report issued by the Washington-based Egyptian commercial representation bureau, Egypt exported clothes and textile products worth E£28
The Egyptian Electricity Holding Company will inaugurate a new electricity generation station in the Sinai region of Ayun Mossa next month, reported <I>Elakhbar</I> newspaper.
The Suez Canal is expected to post revenues of $2.1 billion in 2000 — a record high since the canal was opened in 1879, officials said in remarks published here Wednesday.
December 23, 2000
An Egyptian member of parliament said in statements published Saturday that Egyptians married to Israeli women should be stripped of their citizenship
December 22, 2000
An Islamic militant ravaged by cancer died earlier this month in an Egyptian prison for lack of proper medical care.