Tag: recovery

Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021

Net profits of banks increase to EGP 107.132bn in December, compared to…

Hossam Mounir Hossam Mounir

Closed hotels reopen their doors amid expectations of tourism recovery: investors

There are 60,000 closed hotel rooms on the North Coast due to…

Aisha Zidane Aisha Zidane

Tourism awaiting recovery after a two-year decline

Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Sluggish recovery expected in regional market

Kitchen noted that there is a liquidity death in the region's markets,…

Daily News Egypt Daily News Egypt

Egyptian tourism sector hopes for recovery in 2016

Sector withstands repercussions of past 5 years; optimism over Egypt's new contract…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Egypt economic recovery remains fragile: Report

Egypt’s low competitiveness is one of the structural weaknesses in its economy,…

Daily News Egypt Daily News Egypt

5% GDP growth, 10% budget deficit, 10% inflation by FY 2016/2017: World Bank

Uncertainty still surrounds the financing of mega-projects, World Bank said

Sara Aggour Sara Aggour

Economic recovery positively impacts banks’ performance

Significant rise witnessed in loans and deposits in Egypt’s banking sector in…

Daily News Egypt Daily News Egypt

Rising from the ashes

Twenty years after genocide, Rwanda makes huge development strides

Daily News Egypt Daily News Egypt

The struggles of the Mubarak-era asset recovery process

By Waleed Nassar Egypt’s post-revolution efforts to repatriate Mubarak-era assets have garnered…

Daily News Egypt Daily News Egypt