CBE’s initiative to finance hotel renovation is “mere deceit”: chairperson of Tourism Investors Association
The initiative has not benefited any tourism investor and needs to be implemented on the ground
Ministry of Tourism is betting on increasing expenditure rate by year end to reach $85 per person
This spending rate is still weak compared to the other tourist destinations competing for Egypt, including Dubai, for example, as the average spending rate of tourists per day is $180,…
Egypt aims to attract 10 million tourists by year end: official
The expected revenues for the current fiscal year are estimated at $7.8bn, compared to $4.8bn last year, a growth of %62.5. The revenues are expected to reach $28.4bn in FY…
Who bears the brunt of the economic reforms?
President Al-Sisi pledged to protect vulnerable social classes against the impacts of the economic reform
Egypt looks into establishing brokerage companies union in Jordan
Jordan and Egypt will be signing memorandums of understanding on Thursday
Tourism Ministry aims to boost investments to EGP 12.5bn in 2017/2018
ETA may offer land plots in EGP, others in USD, especially those with great tourist potential
Visa expands global transaction processing with facilities in Singapore and United Kingdom
New processing centres designed to meet the growing demand for digital payments around the world
Decline in quality of voice services in May inside Cairo: NTRA
Orange has the best voice service, and none of the three operators experienced internet connection fails: NTRA
Banque Misr and Tharwa Capital arrange the issue of securitisation bonds for Tharwa Secularisation worth EGP 174m
Bank arranged, promoted, and managed 15 offerings of bonds for companies and agencies since 2010 worth EGP 9bn
Loans and long-term obligations on EEHC amount to EGP 200bn
NBE, Banque Misr , Deutsche Bank, BVR, EIB, and AFDB amongst the most significant investors
