Economy

Russian tourism may return to Egypt next month: Hurghada Consul

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

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

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

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

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

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

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

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

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

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…
Back to top button