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EgyptAir offers discounts on domestic flights

EgyptAir offers discounts on domestic flights

EgyptAir on Tuesday announced discounts for its domestic flights to Egyptian tourist cities, coinciding with the mid-year school holidays, as…
Hurghada among best global tourist destinations for 2024: TripAdvisor

Hurghada among best global tourist destinations for 2024: TripAdvisor

Egypt  announced that the international travel and tourism website TripAdvisor has chosen the city of Hurghada, on the Red Sea,…
‘We will not allow any threat to Somalia’, assures Egypt’s President

‘We will not allow any threat to Somalia’, assures Egypt’s President

Egyptian President Abdel Fattah al-Sisi affirmed on Sunday that Egypt will not allow any threat to Somalia and its security,…
Severe bottleneck in supply chains due to Red Sea tensions

Severe bottleneck in supply chains due to Red Sea tensions

Tensions in the Red Sea have impacted global supply chains, causing inflation in addition to a rise in shipping costs…
IMF begins review of Egypt’s economic reform program

IMF begins review of Egypt’s economic reform program

An International Monetary Fund (IMF) team, led by the head of the fund’s mission to Egypt Ivanna Vladkova Hollar, began…
Egypt responds to Moody’s changing its future outlook to negative

Egypt responds to Moody’s changing its future outlook to negative

Egypt’s Finance Ministry assured that the government is working to manage macroeconomic risks with flexibility to contain successive external shocks,…
Owing to Egypt’s economic situation, several international brands to close stores

Owing to Egypt’s economic situation, several international brands to close stores

The Al Shaya Group, a Kuwaiti retail company, has decided to close some of its stores in Egypt due to…
‘A tough new year for Egypt’ – Moody’s expects significant economic pressures

‘A tough new year for Egypt’ – Moody’s expects significant economic pressures

The Moody’s credit rating agency anticipates that Egypt will face significant pressures in 2024 for both debt and financial liquidity.…
Large gold mine discovered in Egypt’s Eastern Desert

Large gold mine discovered in Egypt’s Eastern Desert

The advisor to the Egyptian Minister of Supply for Gold Industry affairs Naji Farag, announced the discovery of a new…
Clashes on Egypt-Israel borders, smugglers arrested

Clashes on Egypt-Israel borders, smugglers arrested

The Israeli army announced that 20 people, including gunmen, approached the Israeli border with Egypt near the Nitzana Border Crossing…
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