Latest Business News
EBRD allocates 1.5bn euros for SME projects in Egypt
The bank targets to develop the environment for small companies to invest…
EGX issues new controls to limit practices harmful for market
The decision is applicable in case of control violations of the capital…
Annual inflation records 31.7% in February: CAPMAS
Monthly inflation rate declined to 2.7% in February
Samsung Electronics releases new products at MENA Forum 2017
Samsung presented breakthroughs in picture quality, design, smart features and premium audio
Egypt lost 98% of tourists visiting archaeological sites within 6 years: Itta Tours
Spending rate for tourists visiting archaeological sites is roughly €900
60 hotels in Nuweiba shut down
Total hotel capacity in Taba, Nuweiba at 15,000 rooms on the coastline…
Private Aviation Association calls on ECA to protect private companies from state-owned airlines
Private aviation companies lost 40% of traffic last year due to low…
German tourists’ return improves hotel occupancy in Sharm El-Sheikh
Government recognises the importance of tourism to support the economy
Artelia, ÅF win tender for water storage and pump in Ataqa
Contract to be signed in two weeks for technical, legal, and financial…