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 supported the sector instead of imposing more fees, as 50% of hotels have been closed over the last…
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 Italy by 30%, reflecting the need for a strong incentive programme
Hotel occupancy rates recover in Sharm El-Sheikh
Hotel annual losses in Sharm El-Sheikh have exceeded $1bn since Russian and British flights were suspended in November 2015
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 to EGP 11m compared to EGP 19m during the previous year a decrease of EGP 8m
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
Jordanian Electric Power, CTIP withdraw from solar energy feed-in tariff project
Five companies consider withdrawing from the project due to their inability to provide secure the required funding
EGP 80bn total losses of “Maspero” and “Railway” and “GARPAD”
Parliament considers forming a “fact-finding committee” to monitor the violations made by the three entities
IDA to establish industrial zone with CNY 5bn of investment
China finances 60% of the project that will be specialised in textile industries
NBE enables paying tax, tuition fees electronically
We are seeking to launch Debit Business Card to provide more alternatives to customers to pay government dues through the bank’s website: Hegazy
EGP 25bn electronic payments through Fawry by end of 2017
We invest EGP 40m annually to develop and modernise our infrastructure: Okasha
