economy

Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS
Egypt

Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS

The number of tourists arriving in Egypt during the third quarter of 2017 rose by 55 percent compared to the same period…
UK embassy launches EGP 47 million startup initiative ‘StartEgypt’
Business

UK embassy launches EGP 47 million startup initiative ‘StartEgypt’

The British embassy in conjunction with the International Finance Corporation launched on Thursday an initiative for start-ups worth EGP 47…
Domestic cigarette price hike starts Thursday: Eastern Tobacco Company
Egypt

Domestic cigarette price hike starts Thursday: Eastern Tobacco Company

Egypt’s largest cigarette manufacturer, the Eastern Tobacco Company, said on Thursday that a price hike on cigarettes produced by Egyptian-owned…
UK slashes economic growth forecasts for next five years, higher deficit
World

UK slashes economic growth forecasts for next five years, higher deficit

Britain has cut its official forecasts for economic growth, finance minister Philip Hammond said on Wednesday as he delivered a…
Sisi calls for unity amid terror threat to region
Egypt

Sisi calls for unity amid terror threat to region

President Abdel Fattah al-Sisi said Tuesday that terrorism is the greatest threat to the peoples of the Middle East, and…
Romania to resume direct flights to Egypt
Egypt

Romania to resume direct flights to Egypt

During a visit by a high-level Romanian delegation to Egypt, an agreement was signed which will see direct flights resumed between…
Hilton Worldwide plans Egypt expansion, sees pick-up in tourism
Egypt

Hilton Worldwide plans Egypt expansion, sees pick-up in tourism

Hilton Worldwide (HLT.N) aims to increase the number of hotel rooms it manages in Egypt by 40 percent by the…
Sherine banned from singing for ‘mocking Egypt’
Music

Sherine banned from singing for ‘mocking Egypt’

The Egyptian Musicians Syndicate has banned singer Sherine Abdel Wahab from performing in Egypt calling for her immediate interrogation after a…
Egypt’s debt up to LE 3.7 trillion: finance minister
Economy

Egypt’s debt up to LE 3.7 trillion: finance minister

Egypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled LE 3.7 trillion…
Egypt court ruling to reinstate ergot ban in wheat imports: lawyer
Economy

Egypt court ruling to reinstate ergot ban in wheat imports: lawyer

An Egyptian court on Tuesday effectively reinstated a ban on wheat imports containing even trace levels of the common grain…
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