Alexandria hotel market on track to achieve occupancy levels of pre-geopolitical challenges in 2011: Colliers International

A forecast report conducted by Colliers International for the hotels of the Middle East and North Africa (MENA) for the three-month period from July to September 2017 has expected the…

Daily News Egypt Daily News Egypt

Go Bus increases fleet to 400 buses

Company will buy 100 units worth EGP 300m, according to Nassief

Aisha Zidane Aisha Zidane

Pharos holding acquires new licence to trade in foreign markets

The licence will solidify Pharos position within the market, says Pharos’ CEO 

Daily News Egypt Daily News Egypt

Egypt’s budget deficit drops 1.6% in FY 2016/17

“Egypt`s budget deficit dropped to 10.9% of GDP instead of 12.5% during the past fiscal year (FY), which ended in 30 June, and the annual economic growth rate increased to…

Nihal Mounir Nihal Mounir

MSMEs Development Authority supports projects of young inventors

Authority pays particular attention to the financing of industrial projects and provides all kinds of financial, technical, and training support for them

Hossam Mounir Hossam Mounir

The government and ACWA POWER are considering power station in Luxor worth $2.5bn

The government and ACWA POWER are considering power station in Luxor worth $2.5bn

Mohamed Farag Mohamed Farag

Madinet Nasr for Housing & Development posts 246% hike in H1 net profit

Delivered units totalled 146 units in H1 2017, EGP 2.5bn in contracted sales

Elsayed Solyman Elsayed Solyman

Misr for Sound, Light expects 10-15% revenues growth in H2 of 2017/18

The ticket offers will contribute to increasing the company's revenue growth and will reduce its losses estimated at EGP 19m in the last year

Daily News Egypt Daily News Egypt

Military Factory 54 supplies equipment to build Algerian agricultural recycling plant 

Al Maadi Company for Engineering Industries signed a contract the Algerian company to facilitate supplying the construction equipment of the new factory 

Hossam Mounir Hossam Mounir

Shark-attacked Marsa Alam beach to remain closed for snorkeling: official

Ministry of Environment alerted following Austrian tourist’s shark bite

Mohammed El-Said Mohammed El-Said