economy

Sudan to devalue pound currency to 18 per dollar in January: Sudan Finance Minister
World

Sudan to devalue pound currency to 18 per dollar in January: Sudan Finance Minister

Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of…
Third IMF loan installment will bridge funding gap: CBE source
Economy

Third IMF loan installment will bridge funding gap: CBE source

The third tranche of the International Monetary Fund (IMF) loan worth $2 billion will be used to support the state…
Hilton to add 1000 extra rooms in Egypt in 2018
Economy

Hilton to add 1000 extra rooms in Egypt in 2018

Hilton Worldwide is planning to add 1000 more rooms to the number of existing rooms it manages in Egypt by…
China, UK vow to continue, strengthen economic, financial cooperation
World

China, UK vow to continue, strengthen economic, financial cooperation

China and the United Kingdom vowed to continue and strengthen cooperation on a wide range of economic, financial and trade…
Middle-class Egypt adapts to survive as austerity bites
Egypt

Middle-class Egypt adapts to survive as austerity bites

Swapping new cars for cheaper models, cutting back on pricy supermarket shopping and giving up holidays abroad, middle-class Egyptians are…
Egypt, Greece winners of German travel market in 2017: FVW
Egypt

Egypt, Greece winners of German travel market in 2017: FVW

Egypt and Greece were “the clear winners” of the German travel market in 2017, German Travel Association President Norbert Fiebig…
10 richest Arabs of 2017: Forbes
Economy

10 richest Arabs of 2017: Forbes

Forbes Magazine published on Tuesday a list of the richest 10 people in the Arab world. The UAE had the lion’s…
“This is Egypt” tourism campaign wins Gold, Silver Effie awards
Egypt

“This is Egypt” tourism campaign wins Gold, Silver Effie awards

The “This is Egypt” promotional campaign, directed by the advertising agency of J. Walter Thompson (JWT), has won a Gold…
Egypt’s electronic visa is now available for 41 countries
Egypt

Egypt’s electronic visa is now available for 41 countries

Incoming tourists and visitors to Egypt can now apply for an online visa from the comfort of their home without…
Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS
Egypt

Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS

The number of tourists arriving in Egypt during the third quarter of 2017 rose by 55 percent compared to the same period…
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