Tourism ministry aims to increase Gulf visitors by 20% by end of August: Ministry official
Ministry of Tourism collaborates with EgyptAir and Air Cairo to launch flights between Riyadh, Jeddah and Kuwait to Sharm El-Sheikh and Hurghada
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Ministry of Tourism collaborates with EgyptAir and Air Cairo to launch flights between Riyadh, Jeddah and Kuwait to Sharm El-Sheikh and Hurghada
Self-service fees in Egyptian airports rise to $45, $60 and $78, according to weight of aircrafts
Occupancies for hotels in coastal areas increased during the holiday to more than 80%, said Al-Shaer, as many Egyptians left their homes to spend Eid Al-Fitr elsewhere.
National Investment Bank looks to finance housing projects in framework of state support for social housing projects
Occupancies in the Red Sea increased to 70% and South Sinai to 50% before Eid Al-Fitr, expected to rise to 90% and 80% respectively
Authority needs change to revitalise incoming tourism, according to consumer studies on the perception of Egyptian tourism abroad
Annual profit deduction of 10% compared to last year’s 20%, to strengthen involvement of governorates in development projects
Tourism authority official says lifting travel warning important step to restore tourism from Europe
Holding Company for Cotton Spinning and Weaving has debts exceeding EGP 1bn, aims to push growth rate to 70% during the current fiscal year
Tourism Development Authority also demanding reconsideration of allocation decisions for projects that have only been 10% implemented
Ministry of Social Solidarity has given tourism operators and hotel establishments a 6 month deadline to pay workers’ insurance debts; total debts to be paid in installments over 5-year period
Almasria Universal Airlines considers operating flights to Sharm El-Sheikh and Luxor during peak seasons holidays at reduced prices
Direct route with 3 flights a week from Cairo to New Delhi to begin service in October
Occupancy in tourist accommodations rose after travel warnings lifted in the European market
As customers bear the brunt, turnout to restaurants, particularly in Cairo negatively impacted
Plant’s capacity would stand at 2 MW
Federation hopes for 10% of total passenger traffic to and from Egypt by end of year
Association launches advertising campaign on four television channels to promote coming Hajj season
Hotel occupancies rose to 80% in Hurghada and 35% in Sharm El-Sheikh as a result of Germany’s foreign ministry lifting travel warnings, says vice president of Chamber of Hotels
El-Sisi predicted the number of Egyptian pilgrims to reach 920,000 by the end of Ramadan in light of widespread interested in Umrah trips throughout the holy month.
Electronic payments for taxes increase GNP by 0.75% per annum due to more liquidity available in the country, the study says
German foreign ministry lifted travel warnings to Sharm El-Sheikh and South Sinai, which may push other European countries to do the same
German Ambassador Hansjorg Haber considers lifting travel warnings to Sharm El-Sheikh very soon, according to statements by Tourism Minister Hesham Zaazou
The global food and beverage company seeks to expand its operations in Upper Egypt and the Delta to increase its sales as signs of stability grow in Egypt
The tax on other alcoholic beverages, such as wine and spirits manufactured locally or imported from abroad, has been increased by 150%, with the minimum set at EGP 15 per litre.
Ministry official says the increase follows a diesel fuel price rise from EGP 1.10 to EGP 1.8 per litre
Food products will rise by approximately 20% on higher costs of fuel used for transportation and production, says professor of agricultural economy
Daily News Egypt is republishing this article because Comesa Trade & Marketing was incorrectly referred to as the Common Market for Eastern and Southern Africa (COMESA) in the original publication
Ibrahim Sarhan, Chairman of e-Finance, says revenues will increase by 15% this year through expansion of existing projects and addition of new products
Ministry of Finance plans to submit bill to amend wage system for cabinet