Egypt’s economy

Egypt to increase commodity support to LE115 billion
Egypt

Egypt to increase commodity support to LE115 billion

The Egyptian prime minister's media advisor Ahmed al-Samman said that the cabinet decided to increase commodity support during the year…
Conferences, weddings save hotels from closing
Business

Conferences, weddings save hotels from closing

An Egyptian tourism committee said on Sunday that Egypt's hotels are depending on non-tourist activities such as conferences and wedding…
Alexandria seeks to revive tourism with postcards from Egypt
Egypt

Alexandria seeks to revive tourism with postcards from Egypt

An initiative was launched in Alexandria to revitalize Egypt's tourism industry following the recent decline in tourist activity.
Minister: Egypt needs direct investments not grants
Business

Minister: Egypt needs direct investments not grants

Egypt does not need foreign aid or grants but direct investments to overcome the current economic conditions, said Finance Minister…
Govt: Unrest in Libya impacting Egypt’s tourism
Egypt

Govt: Unrest in Libya impacting Egypt’s tourism

Libya's current turmoil will affect the scale of tourism activity in Egypt, said Samy Mahmoud, director of international tourism at…
Reopening of Egyptian stock exchange postponed yet again
Business

Reopening of Egyptian stock exchange postponed yet again

Egyptian stock exchange administrators decided Monday night to extend the suspension of trading until Sunday, although it had been scheduled…
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