Business
Minister: Egypt aims for tourism revenue of up to $9.5bn in 2015
March 15, 2015
Minister: Egypt aims for tourism revenue of up to $9.5bn in 2015
Egypt aims to receive 11-11.5 million tourists in 2015 and generate revenue of $9-$9.5 billion, new tourism minister Khaled Rami…
LE500 million from Long Live Egypt to be allocated for slum upgrading
March 15, 2015
LE500 million from Long Live Egypt to be allocated for slum upgrading
Mahmoud Abdel Latif, CEO of the Long Live Egypt fund (306306), has announced the plan to merge it with the…
Old Sharm el-Sheikh had 3 hotels guarded by 6 policemen
March 15, 2015
Old Sharm el-Sheikh had 3 hotels guarded by 6 policemen
Sharm el-Sheikh’s residents and visitors never expected tourism would develop the small diving camp so quickly over the past 35…
10 facts on the new administrative capital
March 15, 2015
10 facts on the new administrative capital
On Friday, the world’s attention was turned to Sharm el-Sheikh city where President Abdel Fattah al-Sisi addressed the Egypt Economic…
Naguib Sawiris on investments, taxes
March 15, 2015
Naguib Sawiris on investments, taxes
Businessman Naguib Sawiris told Al-Masry Al-Youm in an interview that his family had decided to inject fresh investments worth US$5…
EFSA chief talks investments, EEDC
March 15, 2015
EFSA chief talks investments, EEDC
Sherif Sami, Chairman of the Egyptian Financial Supervisory Authority (EFSA), said that the Sharm el-Sheikh economic summit is a “display…
Transport Minister: ministry prepares list of investment projects worth of $13.5 billion till 2030
March 15, 2015
Transport Minister: ministry prepares list of investment projects worth of $13.5 billion till 2030
Minister of Transportation Hany Dahy says that the Egypt Economic Development Conference will return Egypt to the world investment map. The…
$9 billion in UAE and Saudi investments for new power stations
March 15, 2015
$9 billion in UAE and Saudi investments for new power stations
The New and Renewable Energy Authority has signed a memorandum of understanding with the UAE Masdar company to build a…
Egypt launches 2030 development strategy
March 15, 2015
Egypt launches 2030 development strategy
The Egyptian government launched on Saturday the "sustainable development strategy .. Egypt's vision 2030" on the sidelines of the international…
UAE’s Majid Al Futtaim says to invest $590 mln more in Egypt
March 15, 2015
UAE’s Majid Al Futtaim says to invest $590 mln more in Egypt
Majid Al Futtaim, a big shopping mall and leisure industry operator based in the United Arab Emirates, will increase its…