economy
34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera
Features/Interviews
July 31, 2017
34% of Egyptians decreased their consumption following waves of subsidy cuts: Baseera
A poll conducted by the Egyptian Center for Public Opinion Research (Baseera) stated on Monday that 34 percent of Egyptians…
Sisi discusses Matruh development with governor
Egypt
July 26, 2017
Sisi discusses Matruh development with governor
President Abdel Fattah al-Sisi met on Wednesday with Matruh governor Alaa Abu Zeid to discuss a number of development projects…
No booking cancellations despite Hurghada knife attack: Reuters
Life & Style
July 18, 2017
No booking cancellations despite Hurghada knife attack: Reuters
Egyptian tourism investors and workers in the sector told Reuters on Monday that no hotel reservations have been cancelled despite…
US dollar exchange rate surpasses LE18
Economy
July 17, 2017
US dollar exchange rate surpasses LE18
The US Dollar exchange rate against the Egyptian Pound slightly rose on Sunday within the banking sector to settle above LE18.…
Egypt raises electricity prices and prolongs subsidies for added three years
Egypt
July 6, 2017
Egypt raises electricity prices and prolongs subsidies for added three years
Egypt will hike household electricity prices by up to 40 percent this fiscal year, but will keep energy subsidies in…
Following two waves of fuel hikes, Egypt’s middle-class succumb to austerity
Features/Interviews
July 5, 2017
Following two waves of fuel hikes, Egypt’s middle-class succumb to austerity
Omar Abdel Sattar has been navigating Cairo’s heavily jammed streets to attend business meetings ever since he started his job at a…
Number of tourists in May up by 32.9 percent: CAPMAS
Egypt
July 4, 2017
Number of tourists in May up by 32.9 percent: CAPMAS
The number of tourists that visited Egypt in May increased by 32.9 percent compared to last year, the Central Agency for Public…
Walt Disney lifts ban on merchandise produced in Egypt: Trade minister
Egypt
July 3, 2017
Walt Disney lifts ban on merchandise produced in Egypt: Trade minister
After four months of negotiations with Egyptian officials, Walt Disney Company has decided to lift the ban it placed on…
Tourism minister allocates $10 mn to promote Sharm El-Sheikh
Egypt
June 24, 2017
Tourism minister allocates $10 mn to promote Sharm El-Sheikh
In further efforts aiming to boost Egypt’s long ailing tourism industry, Minister of Tourism Yehia Rashed ordered the allocation of…
Sisi announces 7 measures aimed at easing economic hardship
Egypt
June 21, 2017
Sisi announces 7 measures aimed at easing economic hardship
Egypt is set to carry out numerous measures to “ease the burdens of the average Egyptian citizen,” President Abdel Fattah…