Year: 2017

Marsa Alam Investors Association complain from imposition of fees by Red Sea Ports Authority

Occupancy rates are still very weak in the region, government should have…

Daily News Egypt

Evaluation of pilot incentive programme for charter, regular economy flights within 6 months

Flights from Germany increased during the first nine months by 25%, from…

Abdel Razek Al-Shuwekhi

Hotel occupancy rates recover in Sharm El-Sheikh

Hotel annual losses in Sharm El-Sheikh have exceeded $1bn since Russian and…

Daily News Egypt

Sound and Light agrees to increase Antiquities Ministry profits to 20% by 2020 

Sound and light company reduced its losses during the last fiscal year…

Basma Ragab

Will Egyptian bonds remain attractive to foreign investors in a low interest rate environment?

Central Bank gets ready to abort its tightening cycle as inflation eases

Elsayed Solyman

Jordanian Electric Power, CTIP withdraw from solar energy feed-in tariff project

Five companies consider withdrawing from the project due to their inability to…

Mohamed Farag

EGP 80bn total losses of  “Maspero” and “Railway” and “GARPAD”

Parliament considers forming a “fact-finding committee” to monitor the violations made by…

Abdel Razek Al-Shuwekhi

IDA to establish industrial zone with CNY 5bn of investment 

China finances 60% of the project that will be specialised in textile…

Mohamed Ayyad

NBE enables paying tax, tuition fees electronically

We are seeking to launch Debit Business Card to provide more alternatives…

Hossam Mounir

EGP 25bn electronic payments through Fawry by end of 2017

We invest EGP 40m annually to develop and modernise our infrastructure: Okasha

Mohamed Alaa El-Din