Blue Sky Travel brought 450,000 tourists in 2016, a drop of 20%

We hope 2017 will see better inflows compared to 2016, says El Shaer

Abdel Razek Al-Shuwekhi

Cafco Food aims to export 2,500 tonnes of vegetables in 2017

Establishment of new factory postponed due to the high price of industrial lands, says Abdel Samad

Moamen Mounir

Sima Foods Industries aims to expand in India, Pakistan, Russia

Sima Foods Industries aims to increase exports by 35%, up from a growth rate of 25% in 2016, in a bid to offset the rise in production costs. Chairman of…

Ahmed Sabry

The chances and opportunities of the chancellor’s visit to Egypt

The chancellor of Germany, Angela Merkel, is paying a two-day visit to Egypt on Thursday, to discuss several political and economic issues between Egypt and the most powerful industrial country…

Hisham Salah

3.2bn packs sold during 2013: Tetra Pak

Consumption of milk in Egypt is still very low compared to the global average

Omar Abdel Hamid

Om El Nour to inject EGP 30m to develop Sila Edible Oils plant

The new investment is directed to the development of production lines, Abu Bakr says

Amany Radwan

DNE News Brief: 1 March 2017

https://youtu.be/c5Gtpl9c1wc

Daily News Egypt

British embassy celebrates Aswan marathon

On 28 February, British ambassador to Egypt John Casson hosted the Aswan Marathon, where Professor Sir Magdi Yacoub—who was one of the runners of the Magdi Yacoub Heart Foundation Marathon…

Maya Nawar

CBE provides banks $420m to cover companies’ flotation debts 

The Central Bank of Egypt (CBE) provided $420m to local banks to cover the debt, which occurred by the different foreign currencies exchange rate due to flotation. This offer is…

Hossam Mounir

EEHC contracts with Tractebel to evaluate offers on Hamrawein plant

The Belgian consultancy office will review the bids of seven global companies and coalitions, says El Desouky

Mohamed Farag