Latest in Day: January 11, 2017 Highlight

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Latest in Day: January 11, 2017

El-Gouna to host PSA Women’s World Squash Championship 

El-Gouna will be host to the PSA Women’s World Squash Championship in April. The women’s world championship comes as the event organiser, Amr Mansi, plans to host a new squash competition in El-Gouna for women in the near future. El-Gouna is home to the El-Gouna Squash Open, an annual tournament for men, and one of …

Maya Nawar

Egypt ranks 10th in number of visitors to La Vallée Village 

The number of Egyptians who have visited La Vallée Village in 2016 amounted to 60,000, according to business director of the village Hugues Witvoet, making Egypt rank 10th in terms of the number of tourists visiting the village. Witvoet explained that first place went to China, as the number of Chinese visitors exceeded 200,000. The …

Aisha Zidane

Slovenia seeks economic relations with Egypt, condemns church attack: ambassador 

Relations between Egypt and Slovenia have been on a steady path in the last year. On 5 December, President Abdel Fattah Al-Sisi received his Slovenian counterpart Borut Pahor. The visit was considered the first of the Slovenian president to Egypt. The Egypt-Slovenia Business Forum was held on 6 December, where three Egyptian companies signed cooperation …

Maya Nawar

Egypt’s GDP growth rate expected to fall to 4% in 2017: World Bank

In its report “Global Economic Prospects”, the World Bank stated that among oil-importing economies, growth in Egypt has slightly declined to 4.3 % in fiscal year (FY) 2016. This comes as a result of foreign currency shortages which feed manufacturing and a decline in tourism after the crash of a Russian aeroplane in the Sinai …

Mohamed Samir

Egypt’s agricultural exports increased by 17% during 2016

Minister of Industry and Trade Tarek Kabil said that Egyptian agricultural exports increased by 17% during 2016, adding that Egypt is currently the biggest citrus exporter in the world. The minister added in a statement issued on Wednesday during a meeting with investment banks’ representatives, arranged by EFG-Hermes, that Egypt has a lot of investment …

Hisham Salah

13.9% decline in Egyptian exports, 8.7% increase in imports during 2015: CAPMAS

Egyptian exports declined by 13.9% compared to imports that increased by approximately 8.7% in 2015, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The CAPMAS issued on Wednesday the annual bulletin of foreign trade 2015, which stated that Egypt’s total exports amounted to EGP 168.08bn in 2015, compared to EGP 195.28bn in …

Hossam Mounir

Al-Sisi meets delegation of Dutch parliament’s foreign affairs committee

President Abdel Fattah Al-Sisi met on Tuesday with a delegation from the Dutch parliamentary committee for foreign affairs headed by Angelien Eijsink, a presidential statement read. Al-Sisi said he saw an opportunity for the delegation to obtain more awareness on the situation in Egypt and the region through the visit, in light of security and …

Daily News Egypt