Latest Business News
Lufthansa strike takes off after court ruling
A German court has struck down a Lufthansa injunction aimed at ending…
ECG wins design rights for R1 Parcel phase of Marassi
The phase includes 1,105 residential and commercial units
Fawry allocates EGP 20m to electronic commerce sector
By Mohamed Alaa El-Din and Hossam Mounir Fawry Company will allocate EGP…
3 international investment funds acquire 85% of Fawry
Approximately 20% of the shares were acquired by the Egyptian American Enterprise…
North African tourist industry in crisis
Following the deadly airplane crash over the Sinai last week, Russia has…
Sharm El-Sheikh economic projects in trouble
Government agencies refuse to finance feasibility studies
CBE intervenes to strengthen pound against dollar
Dollar fell in black market for hours until it suddenly stopped
Germany’s ‘wise men’ urge lower wages for refugees
Berlin's top economic advisers have recommended suspending the country's minimum wage requirement…
Egypt ranked 83rd out of 141 in tourism competitiveness: WEF
The UAE managed to go up from 30th place in the 2011's…
Tourism workers anticipate cancellation of 70% of Christmas bookings
Plans to increase focus on European markets that have not issued travel…