Month: September 2016

51% decline in number of inbound tourists to Egypt in H1 2016: CAPMAS

The number of inbound tourists to Egypt during the first half (H1)…

Daily News Egypt

MP praises Trump’s hostility towards Brotherhood, ignores support for Israel

US will recognise Jerusalem as Israel’s capital, says Trump

Toqa Ezzidin

15 Ultras Ahlawy members to face trial on 27 September

Members are charged with inciting riots, chaos, and attempting to break into…

Daily News Egypt

Unpaid dues to Ministry of Electricity register EGP 89bn at end of August

Distribution companies, officials not to talk about unpaid dues, based on Shaker's…

Mohamed Farag

Afreximbank lends ETHYDCO $75m facility to support its expansion

The facility is dedicated to building an ethylene factory and natural gas…

Daily News Egypt

IMF deal will be credit-supportive, real GDP growth to average 3.4% from 2011 to 2020: Moody’s vice president

The devaluation of the Egyptian pound in March put upwards pressure on…

El Husseiny Hassan

Recovery of stock market depends on stabilising US dollar at EGP 12: Beltone Financial

Lack of integrated economic policy wasted the benefits of Egyptian pound’s devaluation

Asmaa Nabil

Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly

We are taking market developments into account and are planning for projects…

Mohamed Darwish

Will government intervention bridge the housing gap in Egypt?

Housing Ministry depends on “social housing” and makes adjustments to the project’s…

Mohamed Darwish

The imminent real estate bubble

New Cairo, coastal projects in danger; VAT increases residential units’ prices

Ahmed Samir