Latest Business News
Cut in TE cable suspends service for mobile operators
Technicians and engineers are currently working to fix the issue and restore…
Investments by foreign companies reach $8.5bn during current FY: Minister of Petroleum
$3.8bn investments of BP in Atul field for producing 300m cubic feet…
Tourism Ministry launches its new website Sunday
Tourism accounted for 11.3% of GDP in 2011, but has been declining…
Preparations underway to participate in WTM London in November: Egypt Tourism Authority
The authority determined the cost of participation in this year’s exhibition to…
Cairo’s occupancy levels for next 3 months forecasted at 58%: Colliers International
No expected recovery for Hurghada and Sharm El Sheikh in the short…
Increase in hotel occupancy in Cairo, Alexandria reflects change in tourists’ views of both cities
Occupancy rate of hotel rooms in Cairo expected to reach 58%, so…
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the…
General Authority for Government Services achieves EGP 650m in auction earnings: authority head
37,000 feddans were recovered by the State Land Recovery Committee
Egypt begins economic recovery
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest…
Egyptian Competition Authority accepts reconciliation with Telecom Egypt
The company partly suspended internet services from September 2013 until October 2015