Cairo’s occupancy levels for next 3 months forecasted at 58%: Colliers International
No expected recovery for Hurghada and Sharm El Sheikh in the short term
Increase in hotel occupancy in Cairo, Alexandria reflects change in tourists’ views of both cities
Occupancy rate of hotel rooms in Cairo expected to reach 58%, so a single room’s income would reach 96%, which is the highest rate of return in Egypt
Al-Tayeb meets Al-Sisi, Minister of Religious Endowments
Meetings follow dispute between Al-Azhar, ministry over unified Friday sermons
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the end of 2017 and EGP 13.10 by the end of 2020, says FocusEconomics
General Authority for Government Services achieves EGP 650m in auction earnings: authority head
37,000 feddans were recovered by the State Land Recovery Committee
Egypt begins economic recovery
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest downturn in almost a year, with recovery in output, job creation, inflation levels, and demand
Egyptian Competition Authority accepts reconciliation with Telecom Egypt
The company partly suspended internet services from September 2013 until October 2015