Egypt

March 22, 2001

02:00 GMT

Alexandria Cement (ALEX.CA) announced FY2000 results ending December, in which NPAT fell sharply by 81.7 percent to LE7 million compared to LE38.6 million in FY99. The huge drop in NPAT came as a resu

02:00 GMT

On Tuesday, March 21, the market continued its recovery initiated earlier in the week. Investors focused on blue-chip shares. Helwan Cement (HELW. CA) gained 1.07 percent to close at LE42.49. Eastern

March 21, 2001

02:00 GMT

Egypt has become the second African country to deposit its instrument of ratification of the OAU convention on the prevention and combating of terrori

02:00 GMT

Newly-found Egyptian Saudi Insurance Co has been granted a preliminary license approval to operate casualty insurance business in Egypt by the country

02:00 GMT

Israeli Prime Minister Ariel Sharon sharply criticized the Egyptian position in Middle East peace efforts saying it was playing a "negative role" in t

02:00 GMT

In his new film “Son of Death,” The famous Egyptian actor Nour al-Sharif plays a role of a man who decides to take vengeance for his son who is killed on his wedding night

02:00 GMT

The challenges of “e-volutionizing” businesses will be a key feature of the Gitex Cairo 2001 Conferences program. E-government case studies, success stories around the globe and tips on how to effecti

02:00 GMT

On Monday, March 19, the market recovered slightly ahead of an expected Fed interest rate cut and upcoming domestic cement sector sales. Torah Cement (TORA.CA) jumped 4.88 percent to LE30.31 while Sue

02:00 GMT

Alexandria National Iron & Steel –ANSDK (IRAX.CA) released 9-month FY2000 results ending September, in which net profit recorded LE15.1 million versus a loss of LE29.7 million in the comparable pe

March 20, 2001

02:00 GMT

Moroccan and Egyptian businessmen signed last week a series of agreements to export to Egypt some Moroccan products and the creation of joint ventures

02:00 GMT

Kazem al-Saher signed recently a contract with the Egyptian International Production City to produce his first movie in which he will sing and act

02:00 GMT

Egyptian actress Elham Shahin is currently undergoing major talks with director Samir Seif to convince him to work on a new movie that tackles the issue of the Lebanese Resistance

02:00 GMT

A regional trade court for 20 nations in eastern and southern Africa held its inaugural session Monday, March 19, creating a new body that will have the power to overturn national laws and court rulin

02:00 GMT

According to Al-Alam Al-Youm newspaper, Suez Cement (SUCE.CA) Chairman Mohamed Dessouki announced that four international investors are currently conducting due diligence before bidding to acquire the

02:00 GMT

On Sunday, March 18, the market declined in reaction to Friday’s NASDAQ plunge. Helwan Cement (HELW.CA) bucked the trend to close 2.17 percent higher at LE41.85 on news that The Holding Company for Me