revenue
Tourism declined 33 percent, says minister
Egypt
January 15, 2012
Tourism declined 33 percent, says minister
The number of tourists who visited Egypt in 2011 declined 33 percent from 2010, Tourism Minister Mounir Fakhry Abdel Nour…
Suez Canal earnings top $5bn for 2011
Business
January 15, 2012
Suez Canal earnings top $5bn for 2011
Egypt's Suez Canal Authority earned 5.22 billion dollars in revenues 2011, almost half a billion dollars more than the revenues…
Government to reduce spending in bid to offset budget deficit
Business
December 19, 2011
Government to reduce spending in bid to offset budget deficit
A Finance Ministry official has said that the government plans to reduce its spending in order to offset the state…
Tourism Ministry predicts losses of US$3 billion by year-end
Business
September 5, 2011
Tourism Ministry predicts losses of US$3 billion by year-end
Samy Mahmoud, head of the Ministry of Tourism’s international tourism department, said on Monday that the industry's total revenues for…
Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue
Business
January 10, 2011
Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue
Egyptian Chamber of Tourist Commodities Director Mohamed al-Qattan said the government has begun to limit the proliferation of unlicensed bazaars…