economy
Egypt to launch cruise lines with Greece in latest efforts to revive tourism
Economy
June 1, 2017
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
May 29, 2017
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
May 28, 2017
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
May 21, 2017
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
May 17, 2017
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
May 16, 2017
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
May 15, 2017
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
May 14, 2017
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
May 11, 2017
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
May 9, 2017
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…