Egypt’s tourism revenues do not match existing resources: MP
MP Mohamed Abdo said that tourism revenues in Egypt are still small and do not equate to the industry’s potential and resources. Abdo added that the sector includes many negatives…
Parliament approves law designating IDA independent economic body
Parliament approved a law designating the Industrial Development Authority (IDA) an independent body capable of meeting the needs of the industrial sector in Egypt, increasing investment opportunities, and pushing growth…
Parliament seeks EGP 63bn increase in education, health allocations
Allocations increase of EGP 40-45bn expected
Tesla e-vehicles again in spotlight after Swiss crash
Swiss police are investigating the death of a man after his Tesla car crashed and burst into flames last week. The case adds to claims e-vehicle car batteries may be…
Sharm El-Sheikh, Hurghada hotels named touristic hotspots; 45%, 31% forecasted growth respectively: Colliers
Sharm El-Sheikh and Hurghada hotels were named touristic hotspots by Colliers International, with a forecasted growth of 45% and 31% respectively in revenues per available rooms (RevPAR). The surge is…
Finnish embassy mulls business delegation visit to Egypt
Egyptian education minister to meet his counterpart in Finland, visit institutions, says ambassador
Qalaa revenues increase 22% y-o-y in FY 2016/17 to reach EGP 9.3bn
Qalaa Holdings announced on Tuesday a 22% year-over-year increase in revenues in fiscal year (FY) 2016/2017, to reach EGP 9.3bn, due to the favourable economic trends along with its energy…
ABE injects EGP 300m into veal project over 7 months: chairperson
Bank offered loans to 2,158 customers to feed, fatten 22,400 cattle nationwide, intends to inject further EGP 200m in project soon
Egypt’s automotive industry investments amount to $3bn: trade minister
Egypt’s automotive sector, feeder industries exports amounted to $700m in 2017, says Kabil
Girls of the Sun: Fetishising female militancy
Eva Husson’s Girls of the Sun premiered at Cannes Film Festival in official competition
