economy

Egypt to launch cruise lines with Greece in latest efforts to revive tourism
Economy

Egypt to launch cruise lines with Greece in latest efforts to revive tourism

As part of the state’s continuous efforts to attract additional tourists and revive the country’s ailing tourism industry, Egypt’s Ministry…
Egypt drafts new bill to impose fines on tourist harassers
Egypt

Egypt drafts new bill to impose fines on tourist harassers

Egypt has drafted this month a new bill that would impose hefty fines on tourist harassers as part of the…
Egypt to launch ‘Cairo Pass’ package for unlimited access to touristic sites
Egypt

Egypt to launch ‘Cairo Pass’ package for unlimited access to touristic sites

From November, foreign visitors to Egypt can buy a ‘Cairo Pass’ which will allow them unlimited entry to archaeological sites and Islamic…
Tunis Village pottery shops close to object state decision to build police station
Egypt

Tunis Village pottery shops close to object state decision to build police station

Pottery shops in Tunis Village, Fayoum were closed for the first time in 30 years to protest the arbitrary demolishment…
Recent economic reforms had negative impact on my popularity: Sisi
Egypt

Recent economic reforms had negative impact on my popularity: Sisi

President Abdel Fattah al-Sisi was interviewed by the editors-in-chief of three Egyptian newspapers—Al-Gomhoria, Akhbar Al-Youm and the main state-run newspaper…
China’s Xi outlines plans for wide cooperation in trade plan
Business

China’s Xi outlines plans for wide cooperation in trade plan

Chinese President Xi Jinping expressed ambitious hopes for Asian and European governments to work more closely on finance, law enforcement…
Syrian refugees contributed over $800 mln to Egypt’s economy: UNDP report
Egypt

Syrian refugees contributed over $800 mln to Egypt’s economy: UNDP report

The United Nations Development Program recently published a report titled “Jobs make the difference” which indicates that Syrian refugees residing…
Egypt says IMF praises reform program after delegation visit
Egypt

Egypt says IMF praises reform program after delegation visit

The International Monetary Fund’s mission concluded its visit to Cairo on Sunday during which the Fund conducted the first review…
Bloomberg says foreign currency crisis starting to ease
Business

Bloomberg says foreign currency crisis starting to ease

Bloomberg said the lifting of restrictions imposed on the customers’ credit card purchases overseas is an indication that the foreign currency crisis…
Cost of electricity production doubled after currency flotation: sources
Egypt

Cost of electricity production doubled after currency flotation: sources

Officials in the Electricity Ministry said the average cost of electricity production doubled, from 46 piasters to more than 90…
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