B Investments to sell 20% of its stake in Total Egypt for EGP 146.6m
B Investments Holding has signed a contract to sell 20% of its stake in Total Egypt to Total France, for EGP 146.4m.
16 new hotels open in Egyptian tourism hotspots despite COVID-19
Egypt’s tourism sector has seen the opening of 16 new hotels despite the novel coronavirus (COVID-19) crisis, according to an end-of-year report by the Ministry of Tourism and Antiquities.
Egypt, Japan discuss increasing bilateral cooperation
Egypt’s Minister of Planning and Economic Development Hala El-Said has met with Japan’s Ambassador to Cairo, Masaki Noke, to discuss aspects of cooperation between the two countries.
Amer Group, NUCA sign Porto Minya project purchasing contract
Amer for Touristic Development has signed a contract with the New Urban Communities Authority (NUCA) to purchase a 56feddan plot of land in New Minya,on which thePorto Minya development will…
Ezz Steel raises prices by EGP 1,000 per tonne
Ezz Steel has raised the price of finished steel products by EGP 1,000/tonne to EGP 13,654/tonne (including VAT). On a cumulative basis, the price hike amounts to 35% since 19…
Egypt, Sudan discuss boosting transit trade: Finance Minister
Egypt’s Minister of Finance Mohamed Maait has reviewed the results of recent joint meetings to discuss reinforcing transit trade for Sudanese goods through Egyptian ports.
Presidential, legislative elections kick off in Central African Republic amid tensions
Francois Bozize, ex-president ousted by a coup in 2013 saw his presidential candidacy invalidated by the Central African Republic Constitutional Court
Egypt plans to launch 3-year tourism promotion campaign abroad
Egypt’s Minister of Tourism and Antiquities Khaled Al-Anani held a meeting, on Saturday, to review their preparations for a new tourism promotion campaign abroad that would last for three years.
Companies unregistered on e-invoicing system to be excluded from Large Taxpayer Center
Exporters will not be able to benefit from state’s export subsidies as of 1 July 2021, except after joining e-invoicing system
Egypt COVID-19 tracker shows intensifying 2nd wave, peak expected in January, February
Total of 251 doctors have so far died from COVID-19, with about 10,000 others infected
