Year: 2016

Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months

Ministry of Finance reduces term of loans to five-year maximum, cancels seven…

Hossam Mounir

Maat accused in foreign funding case, claims ministry denied it finances

Three NCHR lawyers' members will attend investigations with local NGOs that are…

Sarah El-Sheikh

Tourism Fund adopts plan to encourage charter flights in Hurghada, Sharm El-Sheikh: Ministry of Tourism

Required occupancy ratios decreased to provide incentives for flights coming to Sharm…

Abdel Razek Al-Shuwekhi

ETF prepares to participate in tourism investment forum in Dubai

Arab inbound tourism to Egypt must not fall to less than 3…

Abdel Razek Al-Shuwekhi

Prime Minister looks into advancement plan for textile industry on Tuesday: cabinet

Establishing zones for textile industries close to rural and agricultural areas is…

Mohamed Ayyad

German interior minister visits Egypt to enhance security cooperation

de Maizière's visit will address security measures inside Egyptian airports, says German…

Taha Sakr

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

EBRD provides $100m to Savola’s United Sugar Company of Egypt

EBRD recently signed several loans and agreements with the Egyptian government, companies…

Daily News Egypt

France’s Alstom to supply EETC with 5 transformer stations for €200m

The ministerial economic group also agreed to allow the EETC to resume…

Mohamed Farag

Red Sea, South Sinai resorts expect Egyptian holidaymakers to increase occupancy: politicians

Egyptian tourism in severe decline since the Russian plane crash last October

Abdel Razek Al-Shuwekhi