Sharm Dreams Hotel to generate EGP 2bn of revenues, Al Fayourz resorts to output EGP 1.5bn
Latest by Nihal Samir
Development period will take between a year and a year and half, says Chairperson of Sharm Dreams Group
The group’s occupancy sees 18% hike in 9 months, says Akel
Carrefour inaugurated Hypermarket in Almaza this month with investments of EGP 210m
MOT succeeded in ending all entitlements of foreign companies for the previous flight incentive programmes.
SAR 61.4bn, estimated size of relevant entertainment market in the Kingdom by 2030, says Colliers
Under the MoU, the two institutions pledge to work together in promoting and fostering tourism for the achievement of the 2030 Agenda and the 17 UN Sustainable Development Goals (SDGs).
The IIF works in a sample of 25 past IMF programmes in developed, emerging, and frontier markets that started with debt to GDP ratios above 75%.
Experts argue security stability is key behind hike in tourism, Sultan forecast sector to achieve $15bn by FY-end
Organisation negotiates with Opel to manufacture EVs in Egypt
El-Khayat’s remarks came during “The Transformation Toward Green Economy” conference, which was held on Sunday in Cairo.
Application covers seven neighborhoods across Egypt, says Fouad
“If we make the economy less bureaucratic, it will become easier to do business,” says Al-Kaylani
Egypt’s non-oil exports hike by 3% reaching $17.65bn
British CAA initially returns 150,000 travellers from 50 different destinations, says embassy’s spokesperson
The report declares that Egypt got a rating score of AAA in promoting the country’s brand and its touristic destinations, which is considered the highest rating.
Firm’s collapse to shake Egyptian market until another company absorbs number of Thomas Cook’s travellers: El Damery
About 50,000 Lithuanian tourists come to Egypt every year, according to Ambassador
Five markets include US, UK, Canada, Italy, Germany, according to Ministry
Manufacturing may have troughed in Q2 of 2019 globally, has been rising throughout Q3, says IIF
The conference brought into focus the vital contributions of women leaders in economic growth across the MENA states, and the importance of supporting their development in key positions in public institutions and companies, which is a key national priority in Egypt.
Corporate commits minimum of EGP 6.5m over next three-year period to support social inclusion for children
During the Arab International Women’s Forum on Tuesday, Al-Saeed said the Egyptian government is always keen to direct 50% of finance activities to women.
The OBG explained that it expects an increase in the EGP value by 3.5%, to reach EGP 16 per $1 by the beginning of 2020.
Organisation named Egypt’s ‘People To People’ campaign video as best promotional movie in Middle East
Protocol aims to educate students on importance of tourism as basic pillar to support national economy
Furthermore, she pointed out that Egypt plays an important role in the region in terms of empowering women, noting that many African countries have taken Egypt as a leading example in the implementation of economic reforms related to the empowerment of women.
“We have a specific increase target already but as we have just started working with Egypt’s Tourism Ministry, so some details are still in discussion, thus the percentage of the hike depends on how much the government will spend on the marketing campaign, and on how big the size of the campaign is,” Wang added.
Hospitality criteria for Egyptian hotels has not been updated since 2006
Egypt embarked on a bold economic reform programme that included the pound flotation, a reduction in fuel and electricity subsidies, imposing taxes including the value-added tax (VAT), all with the aim of trimming the budget deficit.