Latest Business News
Cultural life in Paris grinds to a halt after attacks
Following Friday's attacks, Paris is in a state of emergency, also in…
Attacks in Paris harms Egyptian tourism: Tourism workers
Tourism workers expect decline in inbound tourism from Europe to unstable Middle…
Hotels lower their prices to cope with crisis
A 25% discount rate is expected to last until February
Workers in Sharm El-Sheikh have no faith in elections
South Sinai is among governorates of 2nd phase of parliamentary elections that…
In Pictures: Sharm El-Sheikh abandoned
Crowded streets were filled with foreign and Egyptians tourists and investors with…
Ghost Old Market: Salespeople haunted by memories of tourists
“Before the plane incident, we at least had money to buy our…
CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies
Banks are obliged to deposit the amounts the will obtain with the…
Tourism now worse than January 2011: Sharm El-Sheikh taxi driver
Before the Russian plane incident each driver made at least EGP 700…
Official instructions on converting importers’ debts not yet received: Banks
A prominent banker told Daily News Egypt that banks operating in the…
Russians in Sharm El-Sheikh: Between leaving for safety and staying for living
Egyptians head to the city to improve tourism