Economy
Russian tourism may return to Egypt next month: Hurghada Consul
January 22, 2017
Russian tourism may return to Egypt next month: Hurghada Consul
The Consul General of Russia in Hurghada Jamshed Boltaev said Sunday that he expects Russian tourism returns to Egypt within…
Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll
January 20, 2017
Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll
Egypt's economy will expand by 3.9 percent in the fiscal year ending in June, missing the government's target of around…
Egypt considering temporary stamp duty on Stock Market deals: sources
January 19, 2017
Egypt considering temporary stamp duty on Stock Market deals: sources
Egypt is considering temporarily reintroducing a stamp duty on stock market transactions after the tax was frozen in 2014, two…
UK gives high priority to resumption of flights to Sharm el-Sheikh: British minister
January 19, 2017
UK gives high priority to resumption of flights to Sharm el-Sheikh: British minister
In his visit to Egypt, British Minister of State for Security Ben Wallace said the UK is giving high priority to the…
Egypt fixes customs dollar exchange rate to help importers
January 18, 2017
Egypt fixes customs dollar exchange rate to help importers
Egypt will fix its customs dollar exchange rate and adjust it on a monthly basis to help importers better cope…
EgyptAir announces special offers on domestic round-trip tickets
January 18, 2017
EgyptAir announces special offers on domestic round-trip tickets
EgyptAir Holding Company announced special offers for one-day round trips from Cairo and Borg al-Arab airports to domestic destinations like…
Egypt offers Khaliji investors plots of lands seeking hard currency
January 17, 2017
Egypt offers Khaliji investors plots of lands seeking hard currency
The Housing Ministry Tuesday offered land plots for Khaliji investors for sale against US dollarsover the upcoming three months, in…
Uber announces fare increase
January 17, 2017
Uber announces fare increase
Uber company raised the starting fares of its rides from LE4 to LE5 for economy taxis, and from LE5 to…
Moody’s expects 4% economic growth for Egypt in 2017
January 17, 2017
Moody’s expects 4% economic growth for Egypt in 2017
Moody's Investor Service expects that Egypt's economy will grow by 4% in 2017, and the growth rate will increase 4.5%…
Sterling Pound suffers on ‘Brexit’ fear, as Asian markets retreat
January 16, 2017
Sterling Pound suffers on ‘Brexit’ fear, as Asian markets retreat
The pound struggled at 32-year lows against the dollar in Asia on Monday after reports said British Prime Minister Theresa…