Higher electricity prices increase cost of accommodation: tourism officials

We have known about increasing electricity prices two years ago, says Naguib

Aisha Zidane Aisha Zidane

Hilton adds 7 hotels in Egypt by 2022

4 hotels will be developed and renovated during the upcoming period: Ghali  

Ahmed Saad Ahmed Saad

Bayern Munich named one of world’s most valuable sports teams

Forbes have released their annual rankings of the most valuable sports teams in the world. Once again, Bayern Munich, who won its fifth straight Bundesliga title last season, was near…

Deutsche Welle Deutsche Welle

Egyptian Competition Authority watchdog says beIN Sports agreement with CNE legally invalid

The Authority confirms that Qatar-owned channels violate the Egyptian law

Elsayed Solyman Elsayed Solyman

IMF votes on second tranche of Egypt’s loan

The International Monetary Fund’s (IMF) Executive Board plans to vote Thursday on the first review of Egypt’s economic reform programme, in which Egypt will receive $1.25bn. Egypt has received the…

Daily News Egypt Daily News Egypt

SMEDA signs 10 contracts with NGOs to finance micro projects worth EGP 12.2m

The contracts will benefit 2,635 in eight governorates, through providing micro-loans up to maximum EGP 10,000, says Gamea

Hossam Mounir Hossam Mounir

NBE meets investors of industrial zones in Beni Suef, Minya, and Assiut

Bank’s SME loans portfolio amounted to EGP 32bn to 53,000 projects

Hossam Mounir Hossam Mounir

Crisis between Health Ministry and companies boiling

We demand new increase next month to fulfil January promises: Foreign companies

Mohamed Mostafa Mohamed Mostafa

Eastern Company raises cigarette prices on higher production costs

The government says the company raised the prices on its own accord without any intervention

Daily News Egypt Daily News Egypt

Paying social allowance to the private sector’s employees in July 

on Sunday, a collective agreement gathering business owners, employees, and syndicates will be conducted at the Ministry of Manpower, says minister

Shaimaa Al-Aees Shaimaa Al-Aees