Latest Business News
15 new industrial projects with EGP 3.4bn of investments: Kabil
1,573 factories were established in FY 2016/17
PayMob payments launches ‘Accept’ service for e-commerce on social media
The Egyptian electronic payments company “PayMob”, one of A15 investment companies, has…
Matrouh recovers 4,340 feddans worth EGP 9bn from 40 non-compliant investment projects
The governorate plans to hold a new economic conference to present investment…
25% of patents granted in 2016 by Egyptians are in field of human needs: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on 20…
CIB Q2 results below consensus: Beltone
The Commercial International Bank’s (CIB) bottom line in the second quarter (Q2)…
Egyptian Travel Agencies Association rents 5 buses to support Pilgrimage
Electronic route required by Saudi authorities stipulates listing names of pilgrims and…
Stability Red Sea hotel occupancies during current week: Red Sea Tourism Investors Association official
The hotel capacity in the Red Sea governorate is about 35% of…
Tourism Ministry reviews documents of 3 companies to disburse charter flights incentives
Ministry of Tourism has disbursed $330,000 as a first tranche to Egyptian…
Expectations of tourist bookings for winter season declined because of current conditions: Shalaby
A one night stay in a single room ranges between $12 and…