Latest Business News
EU court: Airlines must not charge cancellation fees
The European Court of Justice has said that airlines cannot levy additional…
Putin calls sanctions a ‘covert form’ of protectionism
Ahead of the G20 summit, Russian President Vladimir Putin has restated his…
Tourism ministry urges dealing with only authorised diving centres for tourist safety
A large number of the authorised diving centers have been closed in…
Ambitious bike-sharing startup Ofo raises new funds
Having tested its yellow bike fleet in the US and UK, Ofo…
Manpower Ministry’s Emergency Fund grants allowance to tourism workers: ministry official
About 70% of tourism employment was dismissed in the last six years…
Floating hotels incur EGP 50,000 of weekly losses due to high fuel prices
In case of implementing programmes and loading companies with the difference in…
Busy Arab tourist season expected in summer months: tourism workers
Arab tourism is different from European tourism in terms of being more…
EU OKs Peugeot takeover of Opel
The EU competition authority has agreed to Peugeot PSA's takeover of Germany's…
Increasing electricity prices expected to proceed EGP 30bn
Prices for industrial activities to be surged by 30-40%, EGP 47bn allocated…
Egypt foreign reserves reaches $31.305 billion in June; Pound steady
The reserves records 29% increase since the beginning of 2017
