Business
Egypt’s Industry Ministry imposes protective measures on iron imports
October 12, 2019
Egypt’s Industry Ministry imposes protective measures on iron imports
Egypt’s Ministry of Commerce and Industry imposed a gradual protective measure on the imports of certain iron and steel products…
World Bank sees Egypt economy growing 5.8% in 2019/20
October 11, 2019
World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank forecast on Thursday that Egypt’s economy would grow by 5.8 percent this fiscal year, marginally lower than…
Russia’s Ak Bars Holdings to develop Suez Canal Authority’s shipyards
October 10, 2019
Russia’s Ak Bars Holdings to develop Suez Canal Authority’s shipyards
Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, witnessed the signing of a protocol of cooperation between the…
Egypt’s government considers making Taxes Authority an independent entity
October 6, 2019
Egypt’s government considers making Taxes Authority an independent entity
Prime Minister Mostafa Madbouly on Sunday formed a committee to transfer the Egyptian Tax Authority to become an independent entity,…
Egypt’s FECC calls on member companies to reduce consumer prices
October 6, 2019
Egypt’s FECC calls on member companies to reduce consumer prices
The President of the Federation of Egyptian Chambers of Commerce (FECC), Ibrahim al-Araby on Saturday urged all of the federation’s…
Egyptian Tourism Ministry releases report showing off tourism sector’s revival
October 4, 2019
Egyptian Tourism Ministry releases report showing off tourism sector’s revival
After ensuring transparent monitoring, the Egyptian Tourism Ministry released a report displaying innovations launched in the sector by the Tourism…
Govt committee reduces fuel prices
October 4, 2019
Govt committee reduces fuel prices
The Committee on Automatic Pricing of Petroleum Products, which reviews and determines the prices of some petroleum products on a…
Net foreign reserves record US$45.118 bn in September
October 3, 2019
Net foreign reserves record US$45.118 bn in September
The net foreign reserves in the Central Bank of Egypt at the end of September recorded about US$45.118 billion, up…
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
October 3, 2019
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
Tourism Minister Rania al-Mashat met on Wednesday with Sebastian Ebel, CEO of the travel agency TUI Group in the MENA…
Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year
October 2, 2019
Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year
Egyptian tourism revenues reached US$12.57 billion, compared to $9.80 billion during the 2017-2018 fiscal year, the privately-owned al-Mal newspaper reported…