Egypt

June 24, 2001

03:00 GMT

Egyptian Nobel Prize winner Nagib Mahfouz’s story Nour Al Qamar (Moonlight) will soon be illuminating television screens,

03:00 GMT

The Kingdom Holding Company had recently invested $1 million in the Arabian Hotels Company in Ramallah, revealed the company’s chairman, Saudi billionaire Prince Al-Waleed Bin Talal.

03:00 GMT

The Egyptian parliament approved the long-awaited mortgage draft law on June 16, thereby removing the final obstacle before President Hosni Mubarak signed the bill into law. Suez Cement announced on J

03:00 GMT

Market sources anticipate the value of future requests for housing loans to reach nine billion Egyptian pounds ($2.3 million) after the first year of enactment of the mortgage leasing law.

03:00 GMT

Malaysia plans to open numerous trade centers in Egypt in the near future. The centers would be run by the private sector, unlike government owned trade centers such as those in Dubai.

03:00 GMT

Local banks have refused to negotiate with the Egyptian Steel & Iron Company regarding the settlement of its EP3 billion debt. 10,000 of the company’s 19,000 employees may soon be forced into early re

03:00 GMT

An Egyptian trade delegation will visit Cyprus next week in a move to boost bilateral relations that may include discussions on possible joint oil exploration, Egypt's ambassador to Cyprus said Tuesda

03:00 GMT

The Public Petroleum Authority has recently launched an international promotion campaign in an effort to lure global oil and natural gas excavation companies to Egypt.

June 23, 2001

03:00 GMT

The Egyptian National Earthquake Network has said in a statement on Saturday that an earthquake registering roughly six on the Richter scale had rocke

03:00 GMT

Egypt, along with a handful of countries like Syria, Turkey and Vietnam, is a tough competitor for India’s spices producers.

03:00 GMT

The Egyptian women’s Olympic basketball team is due in Beirut Saturday to take part in the Arab Tournament which kicks off the same day and lasts for

03:00 GMT

Egypt’s youth soccer team will face Finland Saturday night in a last chance for the Arab team to qualify for the second round of the World Cup.

03:00 GMT

Austria plans to assist Egypt in upgrading its telecom institutions.

03:00 GMT

A delegation of Egyptian businessmen is due to visit Athens in September to discuss with Greek counterparts the establishment of a EP10 million ($2.5

03:00 GMT

A mortgage law recently approved by the Egyptian Parliament is expected to resurrect the real estate market, which has been suffering from stagnation