Egypt signs customs agreement with Saudi Arabia, await parliamentary approval: Abdel Aziz
Egypt signed a customs agreement in cooperation with Saudi Arabia, according to Magdy Abdel Aziz, Chairman of the Customs Authority, during a press conference, last Wednesday. The agreement, which was…
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…
Tourism sector will boom in coming period: Travco Egypt managing director
Summit should pass “safely” to validate the conference’s goal
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…
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…
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
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.…
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…
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.…
