Ambitious bike-sharing startup Ofo raises new funds
Having tested its yellow bike fleet in the US and UK, Ofo says it's raised $700 million to help it continue expanding. Bike sharing firms face new regulation in China…
Manpower Ministry’s Emergency Fund grants allowance to tourism workers: ministry official
About 70% of tourism employment was dismissed in the last six years due to the decline in tourist inflows to Egypt, affecting hotels’ ability to provide quality services to guests
Floating hotels incur EGP 50,000 of weekly losses due to high fuel prices
In case of implementing programmes and loading companies with the difference in diesel prices, owners of boats could suffer losses of over EGP 50,000
Busy Arab tourist season expected in summer months: tourism workers
Arab tourism is different from European tourism in terms of being more repetitive; moreover, accommodation, and spending rates of an Arab tourist are significantly higher, reaching $110 per night compared…
V4 seeks enhancing EU relations with Egypt: joint statement
The V4 and Egypt concluded the Visegrad Summit on Tuesday
Parliament approves withdrawal of judicial monitoring on elections in 2024
The draft law establishes an independent National Elections Commission to monitor elections
Police officer, 2 conscripts killed, 10 injured in Al-Arish attack
There was no immediate claim of responsibility for the attack until now
Prosecutor General orders investigations of alleged killing of Egyptian-American teenager
US police had earlier charged a 22-year-old man with murder in connection to the case
EU OKs Peugeot takeover of Opel
The EU competition authority has agreed to Peugeot PSA's takeover of Germany's Opel, creating Europe's second-largest carmaker after Volkswagen. In March, PSA agreed to buy Opel from General Motors for…
