Egypt expects resumption of peace talks with new Israeli government

Egypt expects any newly formed Israeli government to engage directly in a political process that leads to the resumption of negotiations between the Palestinian and Israeli authorities, said the Ministry of Foreign Affairs Wednesday. The ministry…

Aya Nader

Tourism sector will boom in coming period: Travco Egypt managing director

Summit should pass “safely” to validate the conference’s goal

Doaa Farid

Revised legislations, facilitated lands availability to boost real estate: Maxim Holdings Board Vice Chairman

Egypt’s Economic Summit will launch an era of developments, according to Vice Chairman of the Board of Directors with the commercial sector of Maxim Holdings, Amr El-Kady. El-Kady added that…

Abdel Razek Al-Shuwekhi

Unstable security situation threatens tourism

While violence escalates on Egypt’s streets, many tourism experts doubt the return of tourism to its normal level, despite the Sharm El-Sheikh Economic Summit. Although the government is taking action…

Daily News Egypt

Growth awaits residential, commercial real estate development: EIG Inc marketing and sales director

Big demand for middle, upper-middle housing units by large segment of society, significant increase in demand of malls and administrative centres

Abdel Razek Al-Shuwekhi

Industrial sector in ‘state of crisis’, solutions for energy problem, regaining confidence of international markets is necessary: Alaa Arafa

  Alaa Arafa, chairman of Egypt’s largest textile and clothing manufacturer and retail stores Arafa Holding, said Egypt’s industrial sector is still suffering and is in a state of crisis.…

Mohamed Ayyad

Egypt will recover if energy shortage is resolved to improve sluggish industry, says Al-Zorba

The government’s economic policies are still shrinking, while the Egyptian industry sector is suffering sluggish activity. The economy has to be encouraged to overcome the challenges of aggravating budget deficit…

Mohamed Ayyad

Government should repay all fuel dues to foreign partners: Official

An oil company official said the government should repay full dues to foreign partners and approve gas price amendments that have been agreed upon to stimulate investments in the sector.…

Mohamed Adel

Students protest ‘unjust executions’: SAC

Protests continue across different university campuses on Wednesday

Nourhan Fahmy

AfDB provides $170bn loan to Sharm El-Sheikh International Airport: EHCAAN chairman

Developing, increasing capacity would help airport receive 18 million passengers annually

Abdel Razek Al-Shuwekhi