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You are here:  Home  >  Articles by Abdel Razek Al-Shuwekhi
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Banking deposits grow 20.2% in July: IDSC

  /  October 25, 2014  /  Business  /  No Comments

Credit granted to agriculture, trade, industry, and services grows 4.8%

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Tourism Syndicate asks 7% annual allowance for workers

  /  October 22, 2014  /  Business  /  No Comments

General Syndicate for Tourism and Hotels makes request in light of increased flow of foreign tourists to Egypt

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Tourism ministry reduces participation costs for travel fair: Official

  /  October 21, 2014  /  Business  /  No Comments

Ministry has reduced the cost of participation in the Riyadh Travel Fair in April for hotels and companies by 50% to €1,150 to increase number of Gulf tourists

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52.5% growth in railway passengers in August: IDSC

  /  October 20, 2014  /  Business  /  No Comments

Number of railway passengers reached 15.4 million

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400% tourism growth from UAE, Saudi Arabia and Jordan over last 3 months: TAA official

  /  October 19, 2014  /  Business  /  No Comments

Promotional programmes conducted by Tourism Activation Authority led to significant increase, claims Shoukry

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Egypt launches Holy Family trip on Tuesday to increase tourist numbers: Tourism Chairman

  /  October 18, 2014  /  Business  /  No Comments

Egypt launches tourist programme following the Holy Family’s path this Tuesday amid efforts to raise tourism revenues to $10.5bn

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Tourism Ministry aims to raise Red Sea resorts occupancy for winter season

  /  October 18, 2014  /  Business  /  No Comments

Ministry hopes to raise occupancy to over 80% in hotels by intensifying marketing efforts

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Tourism ministry aims to increase profits to $10.5bn by FY 2014/2015 end

  /  October 14, 2014  /  Business  /  No Comments

Ministry of Finance raises allocations to TAA to participate in 21 tourism exhibitions across the world

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Manufacturing grows and unemployment stabilises during FY 2013/2014: Planning ministry

  /  October 13, 2014  /  Business  /  No Comments

Manufacturing industries achieved 8.3% growth during FY 2013/2014, up from 2.3% the previous FY

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Safaris to return to White Desert next week but remain suspended in southern areas: ETAA official

  /  October 13, 2014  /  Business  /  No Comments

Camping outdoors will not be permitted

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Eid holidays raise occupancy rates in Red Sea and South Sinai hotels: Chairman of Egyptian Hotels Association

  /  October 8, 2014  /  Business, Egypt  /  No Comments

Egyptian guests during the holiday pushed occupancy rates in the Red Sea, South Sinai, and Alexandria to over 90%

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Dabaa nuclear project to provide 50% of electrical power to Egypt: Electricity ministry nuclear affairs and energy adviser

  /  September 30, 2014  /  interviews  /  No Comments

Implementation delays cost $8bn annually, says Al-Osery

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Government relying on economic reform to improve Egyptians’ lives: Finance minister

  /  September 29, 2014  /  Politics  /  No Comments

Sustainability and stability for next five years is a requisite for growth

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Banque du Caire expects 25% net profit growth in 2014: CEO

  /  September 29, 2014  /  Business  /  No Comments

Bank provides loans worth EGP 1bn to microenterprises, says Mounir El-Zahed

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Electricity ministry imports 2.4m light bulbs inconsistent with electricity network: Official

  /  September 28, 2014  /  Business  /  No Comments

Part of tender to import 10m energy-saving LED light bulbs to reduce electricity consumption

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Eastern Europe leads tourism exports to Egypt during first half of 2014: CAPMAS

  /  September 27, 2014  /  Business  /  No Comments

1.9 million Eastern European tourists visited Egypt during first half of year

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20.4% decrease in landline phone subscribers and 8.7% increase in mobile phone subscriptions: IDSC report

  /  September 24, 2014  /  Technology  /  No Comments

Telecom Egypt made EGP 6.5bn in revenues, representing 17% growth

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Banks spent EGP 1bn for social development over past 3 years: FEB chairman

  /  September 23, 2014  /  Business  /  No Comments

Egyptian banks set aside 2% of profits for 2012 to develop slums in different areas across Egypt

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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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