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You are here:  Home  >  Articles by Abdel Razek Al-Shuwekhi
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13,000 pilgrims arrive in Saudi Arabia for Hajj: Tourism ministry

  /  September 22, 2014  /  Business  /  No Comments

Egypt was granted around 63,000 visas for pilgrimage to Mecca and Medina this year

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Tariff on solar power to be increased to EGP 1.025 per kWh: Ministry official

  /  September 21, 2014  /  Business, Politics  /  No Comments

Electricity Ministry issues distinct tariff for electricity generated from solar and wind energies

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Electricity ministry sets new energy feed-in tariffs

  /  September 20, 2014  /  Business  /  No Comments

Ministry of Electricity announces prices for electricity generated from solar and wind energies in the framework of combating the energy deficit in the coming months

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Saxo Bank considers adding Egyptian Exchange to its list of global markets by end of 2015

  /  September 20, 2014  /  Business  /  No Comments

Denmark’s Saxo Bank is investigating the possibility of adding the Egyptian Exchange to the list of global stock markets for which the bank allows stock trading by the end of 2015, according to Mohamed El read the rest…

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Aqar Map head urges more government cooperation with real estate developers

  /  September 20, 2014  /  interviews  /  No Comments

The website’s online visitors reached one million visitors last month, compared to 300,000 two years ago

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Euromoney Conference: North coast land to be offered in February’s Economic Summit: Minister of Tourism

and   /  September 17, 2014  /  Business  /  No Comments

Government targets EGP 19bn investments with 28msquare metres of land, says an official source at the Ministry of Tourism

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Euromoney Conference: EGP 750m funding target by Tanmeyah to finance SMEs: Company president

  /  September 17, 2014  /  Business  /  No Comments

Tanmeyah aims to bring loan to small and medium enterprises by end of 2014 through new loans issuance ranging from EGP 30,000 to EGP 200,000

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Carbon Holdings increases investments in Tahrir Petrochemical Complex to $7bn: Company chairman

  /  September 17, 2014  /  Business  /  No Comments

Carbon Holdings has increased investments for the Tahrir Petrochemical Complex, set to be constructed in Ain Sokhna, to $7bn, said Carbon Holdings’ Chairman and Managing Director Basil El-Baz. El-Baz added that 65% of the project read the rest…

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Euromoney conference: Main stock index making remarkable progress: Chairman of Egyptian Stock Exchange

and   /  September 17, 2014  /  Business  /  No Comments

Omran cautions that economic indicators are still marred by persistent unemployment, debt, budget deficit, and inflation

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Euromoney Conference: Wadi targets EGP 2bn in sales: Company chairman

  /  September 17, 2014  /  Business  /  No Comments

Wadi Company for Agricultural Development aims to increase its sales to EGP 2bn during 2014 through various expansions

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Reducing subsidy expenses essential to jumpstarting Egypt’s economy: Economists

  /  September 16, 2014  /  Business  /  No Comments

Reducing subsidy system expenses in the 2014/2015 fiscal year (FY) budget will help drive Egypt’s economy forward, economic analysts said at the Euromoney Conference, currently being held in Cairo.. It is essential to reduce public read the rest…

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New council must determine economic roadmap: CIB managing director

  /  September 16, 2014  /  Business  /  No Comments

The council must be independent and serve an advisory purpose, Hisham Ezz Al-Arab says

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Euromoney Conference: CAOA approves restructuring process, set to establish new departments

  /  September 16, 2014  /  Business  /  No Comments

Tourism Activation Authority will introduce new departments to market to various types of tourists and attract new consumers

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Euromoney Conference: ETA marketing budget to be cut by 25%

  /  September 16, 2014  /  Business  /  No Comments

Marketing budget cuts pushes Egyptian Tourism Authority to make-do with participation in international bourses and increase private sector coordination

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Euromoney Conference: Online advertising project for tourism services begun

  /  September 16, 2014  /  Business  /  No Comments

Tourism Ministry begins using online advertising to attract tourists and target new segments of consumers

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Troubled factories must solve banking problems with banks: Abdel Nour

  /  September 14, 2014  /  Business  /  No Comments

Minister of Industry and Trade asks troubled factories to solve financial problems with banks themselves rather than with Ministry

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E-marketing campaigns intensify to increase travel to Egypt: Tourism minister

  /  September 10, 2014  /  Technology  /  No Comments

Ministry focusing on promoting cultural tourism

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Tourism ministry to form advisory council of travel companies and hotels: Zaazou

  /  September 9, 2014  /  Business  /  No Comments

Advisory council to assist tourism minister with practical experience

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€2,530 to participate in London tourism bourse next November: TAA

  /  September 8, 2014  /  Business  /  No Comments

Tourism Activation Authority sets value for participation in tourism exhibition in London to motivate tourism influx to Egypt this year

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Government looks to restore confidence in economy: Finance minister

  /  September 8, 2014  /  Business  /  No Comments

Hopes to restore confidence in Egypt’s economy through tax legislation, reducing budget deficit

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Three companies request approval on new energy, tourism projects: GAFI chairman

  /  September 8, 2014  /  Business  /  No Comments

Three companies have requested approval for renewable energy, tourism projects worth EGP 1bn

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Investment in Egypt requires stimuli: GAFI chairman

  /  September 8, 2014  /  Business  /  No Comments

Gafi Chairman Hassan Fahmy asks for bankruptcy law, High Investment Council, and activation of “one-stop shop” to cut down bureaucracy

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Technica hopes to gain 37 client companies in Egypt by year-end

  /  September 6, 2014  /  Business  /  No Comments

Company’s sales director said his company is optimistic about the political and economic situation in Egypt

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INFI eyes 25% rise in sales by year-end

  /  September 6, 2014  /  Business  /  No Comments

Food and beverage company turns loss into profit through reaching new markets

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Egypt optimistic about tourism recovery from October: Tourism minster

  /  September 3, 2014  /  interviews  /  No Comments

Minister of Tourism Hisham Zaazou expressed optimism on restoration of Egyptian tourism this October after eight countries lift Sinai travel warnings and Arab tourists return

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Egypt’s juice and beverage industry worth EGP 8bn: Federation of Chambers of Commerce chair

  /  September 2, 2014  /  Business  /  No Comments

Beverage business also exports an estimated $180m to foreign markets per year

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Company invests EGP 2bn in construction of hypermarket: Supply minister

and   /  September 2, 2014  /  Business  /  No Comments

Private company to supply EGP 2bn to build chain of hypermarkets as part of plan to expand local trade markets in collaboration with supply ministry

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Ministerial meeting upcoming to resolve property tax crisis on hotels: Tourism ministry official

  /  September 1, 2014  /  Business  /  1 Comment

Finance and tourism ministers to meet this month to resolve dispute between Real Estate Taxation Authority (RTA) and Chamber of Hotels over property tax law

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3rd year tourism losses will raise insurance premiums 15%: Former Hotels Chamber head

  /  August 31, 2014  /  Business  /  1 Comment

Losses in the tourism sector for the third year in a row are causing companies to raise insurance premiums on hotels and tourist facilities by 15% due to new risks

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Hotels meet to discuss confronting of sexual harassment, assault in tourism sector: Hany Al-Shaer

  /  August 30, 2014  /  Business  /  No Comments

Hotels chamber studies decisions issued by Ministries of Health and Tourism at a meeting this week

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