Business

EgyptAir assigns larger plane for Syria flights

EgyptAir assigns larger plane for Syria flights

  Head of EgyptAir Ayman Nasser said that larger planes would head to Damascus and Aleppo to accommodate larger numbers…
Inside the stock market of commercials

Inside the stock market of commercials

Besides soaps, talk shows and religious segments, which are common features of the Ramadan media diet, a sprawling amount of…
Hotel occupancy drops 15 percent in Sinai after attack

Hotel occupancy drops 15 percent in Sinai after attack

Tourism Minister Hesham Zaazou said hotel occupancy dropped by 15 percent in Sinai just 48 hours after the Rafah attack.…
Mobinil executive: State attempting to monopolize market

Mobinil executive: State attempting to monopolize market

The deputy chairman of Egyptian mobile service provider Mobinil, Ashraf Halim, has criticized the Egyptian government for plans to directly…
Update: IMF chief to visit Egypt on 22 Aug, Cairo may seek $4.8 bln

Update: IMF chief to visit Egypt on 22 Aug, Cairo may seek $4.8 bln

  International Monetary Fund chief Christine Lagarde will visit Egypt next week in a show of IMF support for Egypt's…
Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs

Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs

Egyptian Cabinet ministers and World Bank officials have signed off on a US$200 million project aimed at creating 250,000 jobs…
Oil exports increased by 8.9% to pay off debts

Oil exports increased by 8.9% to pay off debts

Sources within the Petroleum Ministry said Monday that the ministry has increased exports of liquefied natural gas through the Damietta…
Centamin on track despite ‘challenging’ Egypt

Centamin on track despite ‘challenging’ Egypt

Egypt-focused gold miner Centamin said its activities and expansion plan were on track despite challenging political and fiscal conditions, labor…
Grain market steadies after pullback, Egypt seeks more wheat

Grain market steadies after pullback, Egypt seeks more wheat

Chicago grain and soybean futures edged higher on Tuesday after a two-day pullback as technical support and weather disruption to…
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