20% growth in tourist inflow in Q1 2017
Officials say improvement will not be confined to numbers, but also average spending per day
Egyptian second-home market: a growing investment and lifestyle trend
Unlike other popular second-home destinations, such as the Seychelles, Morocco, Malta, France, and Spain, Egypt’s second-home market is not dependent on international investors and appeals primarily to Egyptians, as only…
Emerging Asian countries key to global growth
It's a group of emerging economies in Asia that will be the main driver of global growth in the next two years ahead, the Asian Development Bank has said in…
Hilton Group is negotiating to manage hotels in the New Administrative Capital
Group recently signed management contracts for seven hotels under construction
Egypt’s public debt is reaching critical level
Experts believe there are no other options but to ask for more loans, while national and foreign debt is equally dangerous
Trump meets his creditor – China’s Xi Jinping
The leaders of the world's two biggest economies, Donald Trump und Xi Jinping, are scheduled to meet at the US president's private resort in Florida. They have different views on…
Myanmar leader Suu Kyi denies ethnic cleansing of Rohingya Muslims
Myanmar leader Aung San Suu Kyi has denied accusations of ethnic cleansing against the Muslim minority Rohingya communities. Suu Kyi said it was "too strong an expression" for what was…
World’s biggest sailing yacht built using illegal timber
A German shipyard has used illegally-logged teak from Myanmar when constructing a megayacht for a Russian billionaire. The wood was sourced from a government-controlled firm that was sanctioned this year.German…
Ingolstadt’s hopes of a great escape gather momentum
Nobody thought Ingolstadt still had it in them to get back in the fight, but that's exactly what they have done. Seven games left in the season, and by Sunday…
Bundesliga: Leipzig pile misery on Mainz, Ingolstadt pick up huge win
It was all about the fight to avoid relegation on Wednesday night and Ingolstadt were the big winners with an invaluable win over fellow strugglers Augsburg. Mainz and Wolfsburg remain…