Government appoints McKinsey & Company to promote investment in Egypt

Company will start work next month, government considering hiring another international company for research purposes: sources

Mostafa Fahmy

Sharm El-Sheikh, Hurghada to witness RevPAR growth of 17%, 12% respectively: Colliers

Hotel occupancy in Sharm El-Sheikh and Hurghada continues to grow in light of the positive movement witnessed in the tourism sector during the last period. The two Red Sea resort…

Nehal Samir

Government amendments for investment climate serve SDGs

Egypt respects all agreements signed with private sector, says Nasr

Daily News Egypt

Negotiation with IMF is going smoothly, $2bn loan tranche to be disbursed soon: Moeit

New taxation draft law to be available for social discussion during next two weeks

Hagar Omran

Sand storm hits Egypt, shuts down main sea ports

Stormy wind will be mostly active on northern areas of country, leading to low visibility on roads

Daily News Egypt

International grant worth €3m to rehabilitate Tahrir’s Egyptian Museum

Many antiquities at Egyptian Museum transferred over past 2 years to their new permanent home at GEM

Daily News Egypt

Increase in amount of gas exported to Jordan up to nearly 100m cf daily: Petroleum Ministry

Contract signed between Egypt, Jordan to provide 10% of electricity plants’ needs, says source

Mohamed Adel

CBE to finalise study for establishment of exports guarantee firm in Q1 2019

Bank considers granting licenses to international banks, fully coordinates with government to achieve SDGs, says CBE deputy governor

Hagar Omran

Egyptian government committed to setting up right environment for economy over 2019

We will bring down public debt levels, enhance social programmes’ efficiency, says Prime Minister

Hagar Omran