‘Egypt is Close’ campaign to support inter-Arab tourism

Campaign will be launched by specialised company, expected to continue for three months, says Tourism Minister

Daily News Egypt

Formula 1 winter tests in Barcelona

The Barcelona circuit hosted the second round of the Formula 1 winter tests with the participation of nine teams. On the first day, Pastor Maldonado won the race for Lotus,…

Daily News Egypt

Tourist turnout at restaurants is 15-45%

Decline largely due to tourists’ appetite for shisha, not food, says Chamber of Tourist Restaurants member

Shaimaa Al-Aees

Al-Ahly maintains global lead despite CAF Super Cup loss

This is the first time for the Red Devils to lose in the Super Cup on penalties, after winning twice in 2006 and 2007, when the team had six titles…

Daily News Egypt

Ministries of Finance, Tourism fail real estate tax dispute resolution for Cairo, Alexandria hotels

Ministries’ efforts failed to use standard substitution value instead of market value in calculating hotels’ real estate tax

Abdel Razek Al-Shuwekhi

$6bn foreign company investments in FY 2015/2016: El Molla

Total foreign investment, which is being pumped this year, is estimated at $7.5bn.

Mohamed Adel

Chris Bush to miss Miami Heights till end of season

hris Bush was chosen to join the Toronto Raptors as a professional player in 2003, after he participated in the NBA Draft. This has witnessed the rise and success of…

Daily News Egypt

UBIFRANCE, IFA merge to form Business France

UBIFRANCE and the IFA (Invest in France Agency) merged to form Business France, according to a statement from the French embassy in Cairo on Wednesday. Business France is a national…

Daily News Egypt

Egypt purchases wheat worth over $79.1m

The delivery of purchased quantity will be supplied mid- to late-April

Sara Aggour

Terra Sola proposes $3.5bn solar energy investment

Project is expected to generate annual revenue of $760m, says Chairman

Doaa Farid