Latest Business News
GAFI delegation to attend Tokyo International Conference on African Development
We will showcase Egypt’s efforts towards creating a better investment climate, says…
Private sector looks to boost tourism to Luxor, Aswan
Studies are being carried out to see what markets would be best…
Nesma Airlines plans to increase its fleet, launch 5 new airlines
We plan to expand into Kuwait and the UAE before the end…
6 offers under evaluation for water pumping, storage station in Ataka
The Egyptian Electricity Holding Co. has begun to evaluate the technical and…
75% increase in infringement on Egyptian monuments in Greece: Ministry of Religious Endowments
The Egyptian government has a resolution stating that these properties are registered…
German business confidence battered
Confidence among German business leaders has slipped markedly, the latest monthly index…
Domestic tourism saved Sharm El-Sheikh’s hotels from closure, increased occupancy to 75%: Aurora Hospitality Management regional manager
The company runs 4 hotels in Sharm El-Sheikh and Marsa Alam, and…
Markets tepid as Jackson Hole meeting looms
Ahead of an annual meeting of bankers in Jackson Hole, Wyoming, markets…
5.2% growth in GDP of telecommunications sector during first quarter of 2016
EGP 13.8bn total investments in the sector over three months
UNDP, Egyptian government outline 15-year development strategy
Representatives from the UNDP and Egyptian government discussed the national plan for…