Changing the image of golf to a sport for everyone
‘We are working to promote sports tourism, but lack of means is behind limited number of golf courses across Egypt,’ says EGF Board member Mohamed Atallah
Egyptian biotechnology company to produce local COVID-19 vaccine
COVID-Vac1 has proven highly effective, more human vaccines will be produced, says Vaccine Valley CEO Mohsen Badawy
Egypt’s tourism revenues decline to $4bn in 2020 from $13.03bn in 2019
Egypt’s tourism revenues in 2020 slumped 70% year-on-year (y-o-y) to record $4bn due to the novel coronavirus (COVID-19) crisis, down from $13.03bn in 2019, according to Minister of Tourism and…
250k natural gas vehicle conversions, replacements planned over 3 years
Programme saves 50% of money spent on traditional fuels, provides better income for taxi and microbus drivers, and decreases air pollution: Nevine Gamea
Saudi Arabia to host 41st GCC summit to discuss Qatar crisis
Summit expected to attend mainly to relations with Iran, its nuclear programme
Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender
The Central Bank of Egypt (CBE) has announced it has received 35 offers worth $1.0511bn from local and foreign investors, to cover a US dollar-denominated Treasury bills (T-bills) auction.
Senator submits request for briefing on ‘oxygen shortage’ at Egypt’s hospitals
Prosecution summons Al Husseiniya Hospital director, doctors over COVID-19 death in ICU
CI Capital concludes securitisation bond offering worth EGP 2.7bn
CI Capital Holding for Financial Investments has announced that its leasing arm, Corplease, has completed its 10th securitisation bond issuance, at a value of EGP 2.7bn. In a statement to…
Government considers activating sub-accounts unit at Tourism and Antiquities Ministry
Minister said that Sub-Accounts Unit is useful in developing realistic estimates relating to size of tourism activity and setting the necessary forecasts
Housing Ministry receives land allocation requests totalling 5,500 feddan in 2020
NUCA issues 124 ministerial approvals for property projects, 7 masterplans for new cities