Constructions in the Grand Egyptian Museum reach 70%

Total cost of the establishment of the Great Egyptian Museum amount to $1bn, funded by several bodies, including JICA by $760m in a facilitated loan of two tranches 

Daily News Egypt

Government spends EGP 2.5bn to develop museums, archaeological sites

Government hopes to increase the inflow of tourist to Egypt during the current fiscal year and increase the numbers to 10 million tourists

Basma Ragab

Gilead intends producing new drug for virus C relapses: head of strategic planning

The company treated 153,000 hepatitis C patients, a new drug will be available by 2020, according to Afifi

Daily News Egypt

Virus C treatment drugs register sales worth EGP 58.8m in H1 2017

Revenues down by 68%, 5 companies account for over 90% of sales

Mohamed Mostafa

Saudi hospitality market to watch major upcoming developments: Colliers International

A report conducted by Colliers International for the hospitality market in Saudi Arabia has expected major upcoming developments in the next few months, which should enhance the market’s performance. The…

Daily News Egypt

Elsewedy Electric reports 68% hike in Q2 profits on higher revenues

The company proposes cash dividend to shareholders of EGP 8 for H1 2017

Elsayed Solyman

Sakan Misr sells 8,463 conditions booklets in first day

In case of running out of conditions booklet, the ministry will print out new ones, says Housing Minister

Nehal Samir

Outstanding T-Bond balance registers EGP 679.76bn until end of July 2017: Finance Ministry

Bonds floated abroad reached $14bn, including $10bn issued in the last 7 months

Hossam Mounir

Egypt to build a fast tram connecting New Administrative Capital with Greater Cairo

The project will accommodate 340,000 passengers daily

Mohamed Samir

Tourist demand in Egypt is increasing, recovery in a year: Rahlat.com official 

Infrastructure must be improved to meet the needs of Arab travellers, says Messo

Daily News Egypt