Year: 2019

Egypt’s hotel market sees 42% RevPAR growth in 2018

Egyptian hotels in different governorates, such as Cairo, Hurghada, Sharm El Sheikh,…

Shaimaa Al-Aees

BP to start gas production from 2nd phase of West Nile Delta project

Combined production from project’s three phases is expected to reach 1.4bn scf/day…

Daily News Egypt

Germany disburses $250m worth tranche of soft loan to support Egypt’s economic reforms

Germany decided to disburse the second tranche of the German Government Owned…

Shaimaa Al-Aees

Egypt’s volume of food imports reaches EGP 227.7bn in 2018

Most of commodities benefited from low customs duties of current tariff

Daily News Egypt

Projects of Egypt’s free zones expand their businesses by $1bn: Nasr

About 15 projects in Egypt’s free zones have expanded their businesses by…

Daily News Egypt

Competition in Egypt’s car assembly becomes tough after free tariffs policy: JICA

Japanese ambassador continues preparations for 50-firm delegation visit

Hagar Omran

Foreign banks cut investments in government debt instruments by over EGP 13bn in December 2018

Banks' assets of T-Bills reach EGP 725.92bn, topping list of debt holders,…

Hossam Mounir

Ericsson launches critical communications broadband network offerings

‘Our critical broadband portfolio will enable customers effectively secure critical communication needs…

Daily News Egypt

Researchers reveal oldest fossilised traces of motility on Earth

Deposits allowed researchers to re-date appearance of multi-cellular life on earth to…

Daily News Egypt

Abbas heads to Saudi Arabia to meet King Salman

Leaders to discuss recent political updates, Palestinian cause

Fatma Lotfi